New College Foundation Raises $500,000 During 'O’Shea Formula' Event

The funds raised during the virtual event will be directed to the Donal B. O’Shea Scholarship Endowment.

By Staff May 11, 2021

Dr. Donal O'Shea

Dr. Donal O'Shea

The New College Foundation rasied more than $500,000 during the “O’Shea Formula,” a virtual event on May 6 that celebrated New College of Florida president Dr. Donal O’Shea’s accomplishments. O’Shea is retiring in June after serving nine years; in his honor, the foundation has established the Donal B. O’Shea Scholarship Endowment. This endowment fund will provide scholarships to five to 10 students each year.

During O’Shea’s tenure as president, New College received more than $10 million from the state legislature to increase its enrollment to 1,200 students and boost four-year graduation rates to 80 percent by 2028. He also secured state funding for an addition to the Heiser Natural Sciences Complex, launched a master’s program in applied data science, and received two $750,000 grants from the Andrew W. Mellon Foundation to support arts and humanities and community engagement, as well as significant private gifts to fund student scholarships. Additionally, O'Shea oversaw the launch of a dual-degree program with the University of Florida, in which students can earn a bachelor of arts degree in liberal arts from New College and a bachelor of science degree in engineering from the UF Wertheim College of Engineering in five years.

Show Comments