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(Media-Newswire.com) - ANN ARBOR, Mich.The first class of Irene and Morris B. Kessler Presidential Scholars will be introduced at a celebration today when the 15 undergraduate students in the University of Michigans College of Literature, Science, and the Arts will meet their benefactors Judy and Fred Wilpon.
The Judy and Fred Wilpon Family Foundation donated $5 million to LSA to establish the Irene and Morris B. Kessler Presidential Scholarship Fund. The gift will be matched by President Mary Sue Colemans Donor Challenge to total $10 million for need-based scholarships. It will create the largest scholarship cohort in LSA. Over the years, this group will grow to more than 75 students.
Fred Wilpon is chairman and chief executive officer of the New York Mets, co-founder and chairman of the Board of Sterling Equities, senior partner of SportsNet New York, a regional sports network serving the New York metropolitan region, and co-founder and chairman of the Brooklyn Baseball Co., which owns the Brooklyn Cyclones, a minor league team.
Wilpon played baseball at U-M until an arm injury cut short his career, but a scholarship grant enabled him to continue attendance. Wilpon and his wife, Judy, of Locust Valley, NY, earned bachelors of art degrees from U-M in 1958
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