Connecticut College Receives $7 Million Gift

NEW LONDON, CT — Connecticut College has received a $7 million gift from Pamela D. Zilly, a 1975 graduate of the college and chair of the college's Board of Trustees, President Katherine Bergeron announced Friday.

Bergeron said the transformative gift will advance a number of important goals by making resources available for the renovation of the College Center at Crozier-Williams, providing annual support for the College's highest priorities, and establishing an endowment to support Connecticut College in perpetuity.

"Pam has been an extraordinary chair of the Board," Bergeron said in a release. "I am deeply moved by her longstanding commitment to Connecticut College and by her great generosity. This gift will strengthen the residential education that we offer today and in generations to come."

With this commitment, one of the largest in the College's history, Zilly will make it possible for the college to achieve greater distinction by deepening the student experience and supporting a more sustainable institution—all priorities of Building on Strength, the college's strategic plan.

"I am honored to give back to a place that has meant so much to me and my sister, Deborah Z. Woodworth '72. I hope this gift encourages others to do the same," Zilly said in a release.

This June, she is stepping down as board chair and will co-chair the college's next comprehensive campaign, along with Robert Hale '88 P'20 and Bradford T. Brown P'12 '15 '20.

Zilly was elected to the College's Board of Trustees in 2005 and was named chair in 2012. Under her leadership, Connecticut College opened a state-of-the-art science center, built the Zachs Hillel house, created the Walter Commons for Global Study and Engagement and reopened the Charles E. Shain Library after a transformational renovation.

The college also launched Connections, a reinvention of the liberal arts. Prior to becoming chair, Zilly served as chair of the Finance Committee and led the 2012-13 Presidential Search Committee.

Zilly retired as a senior managing director in the restructuring and reorganization advisory group at The Blackstone Group L.P. in 2009. At Blackstone, Zilly provided financial advisory services to companies in need of capital or operational restructurings, often in a bankruptcy proceeding, or to creditors of such companies.

Prior to joining Blackstone in 1991, she worked for three years at Chemical Bank. Zilly began her career in investment banking at E.F. Hutton in 1977. An active supporter of the performing arts, Zilly joined the board of the American Theatre Wing in 2012, and currently serves as a vice-chair.

She previously served as a trustee of the Martha's Vineyard Preservation Trust, and as a member of the business advisory board of the Tepper School of Business at Carnegie Mellon University.

Zilly majored in economics and American history at Connecticut College, graduating Phi Beta Kappa, magna cum laudeand with distinction in the major. She was awarded the Ann Corbett DeVille Memorial Prize for Outstanding Work in American History. She went on to earn a Master of Science degree in industrial administration from the Tepper School of Business at Carnegie Mellon University.

"Now is a time to be bold in our aspirations for Connecticut College," Zilly said. "I look forward to my continued involvement in supporting the exemplary liberal arts education that the college provides."

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