Posted on Jan 30, 1998

Stanley G. Peschel '52 has given the College an unrestricted gift
of $2,066,000, it was announced by President Roger H. Hull.

Peschel is founder and CEO of High Voltage Inc. of Copake, N.Y., a new
firm that designs and builds lightweight, portable testing equipment for electrical
utilities and manufacturers. He was founder of Hipotronics, also a producer of
high-voltage testing equipment, which he sold.

An earlier major gift from Peschel made possible the Stanley G. Peschel
Computer Center, which was dedicated in 1975. He received an honorary doctor of science
degree from the College in 1982.

“To get to know Stanley and to watch him build his second
successful business has been a delight for me,” Hull said. “To have him make his
second major gift to Union has also been an obvious joy. Stanley is an energetic,
imaginative and interesting person who has done tremendously well in his entrepreneurial
activities and given much back to Union. We are lucky to have him in the Union

Other gifts to the College include:

— $25,000 from the Dr. Scholl Foundation in support of CAUSE (The
Chester Arthur Undergraduate Support of Excellence), which provides cancelable loans for
students who engage in public service after graduation. A previous gift from the Dr.
Scholl Foundation supported CAUSE awards to seven students during the 1996-97 year.

— $25,000 from Barbara J. Hathorne of Carefree, Ariz., to establish the
Hummer-Roberts Endowed Scholarship in honor of John L. Hummer '34 and Richard Roberts

— $25,000 from Valerie Hoffman '75 of Chicago in support of the
Women's Center Endowment Fund.

— $25,000 from Philip Hoffer of New York City and the estate of Rose L.
Hoffer for the Rose L. Hoffer and Philip Hoffer Family Scholarship.