COBLESKILL, NY (NEWS10) – Fenimore Asset Management, an investment manager with offices in Albany and Cobleskill, has donated $100,000 to the SUNY Cobleskill Foundation. The gift establishes an endowment fund to benefit Schoharie County students who have demonstrated academic merit and are facing financial challenges to graduate.

Up to five scholars will be supported each year in pursuit of a bachelor’s or associate’s degree at SUNY Cobleskill. Students of all levels of study will be considered.

“With this endowed gift, Fenimore further demonstrates its long-standing commitment to a growing and prosperous society and the essential place of education within it,” said Dr. Marion Terenzio, President of SUNY Cobleskill. “The immense gratitude we feel today will only grow and blossom in the years to come as more of our local learners find encouragement through kindness, fulfilling their academic journey through our century-old tradition of nurturing the world and find solutions that support our thriving society.”

“Fenimore’s values ​​are manifested in a vision for the future shared with our community partners, serving to enrich Schoharie County and its future learners and leaders,” said Debra Pollard, president of Fenimore Asset Management. “As a Shared Values ​​Partner, we are thrilled to make this gift to SUNY Cobleskill and the ambitious learners of today and tomorrow.”

The new SUNY Cobleskill Foundation enables the college to support student success inside and outside the classroom, and ensures that faculty can maintain high teaching standards.