Montclair State University Announces $8.25 Million Gift

Montclair State University www.montclair.edu today announced the receipt of an $8.25 million gift -- the largest in its history -- to significantly expand the University's programs that prepare undergraduate and graduate students for careers in the state's pharmaceutical industry.

The University also announced the creation of a new institute dedicated to pharmaceutical and medicinal sciences -- The Margaret and Herman Sokol Institute for Pharmaceutical Life Sciences.

"Throughout its history, Montclair State University has prepared young people for careers in areas of importance to our state," said University President Susan A. Cole. "That proud tradition of service to New Jersey continues today as we further strengthen our unwavering commitment to preparing New Jersey's next generation of scientists and science teachers."

The $8.25 million gift is from the estate of Margaret and Herman Sokol, a New Jersey couple who met as undergraduate students in the 1930s at what was then Montclair State Teachers College. Herman (Class of '37) went on to become a renowned drug pioneer in the production of antibiotics, developing the basic process now used worldwide for making tetracycline. He was also president of the Bristol-Myers Company. Margaret (Class of '38) became a science and mathematics teacher in the public schools and a major patron of the arts, education and sciences.

Full Release