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Date: Aug 30, 2010
Peter G. Schiff, noted philanthropist and venture capitalist, joins Hofstra Board of Trustees
Hofstra University, Hempstead, NY - Hofstra University President Stuart Rabinowitz today announced the appointment of Peter G. Schiff to the Hofstra Board of Trustees.
"Peter Schiff is a business leader and philanthropist of the highest order, and has had an enduring commitment to higher education," said Hofstra President Stuart Rabinowitz. "It is my great pleasure to welcome him to our Board of Trustees."
Schiff is founder and president of Northwood Ventures LLC, Mr. Schiff also owns and operates Fox Ridge Farm, Inc., which breeds horses, and is a director of the New York Racing Association (NYRA) and The Jockey Club, a breed registry for thoroughbred horses across North America.
He has also been a member of the Community Foundation of Oyster Bay, the Belmont Childcare Association, and has long been a supporter of the Wildlife Conservation Society, and, with his wife, Lisa, of North Shore-LIJ Health System, which is Hofstra's partner in a new medical school that will welcome its first class in the Fall of 2011. Mr. Schiff also serves as vice president of the Schiff Foundation, which has awarded grants for medical programs, social service agencies, museums and educational institutions since 1946.
A graduate of Lake Forest College in Illinois, Mr. Schiff served as a trustee there for 16 years, including a stint as the board's chairman. He also earned an M.B.A from the University of Chicago's Booth School of Business. Before founding Northwood Ventures, Mr. Schiff worked in the private equity division of E.M. Warburg Pincus & Co and was an officer in the corporate division of Chemical Bank, which is now J.P. Morgan Chase & Co.
"As someone who has lived on Long Island most of his life, I am pleased to be getting involved with one of Long Island's premier institutions," Mr. Schiff said. "I have served as a trustee of a number of other schools and look forward to my participation on the Hofstra Board of Trustees."
Hofstra University is a dynamic private institution where students can choose from about 150 undergraduate and more than 160 graduate programs in liberal arts and sciences, business; engineering; communication; education, health and human services; and honors studies, as well as a School of Law. The University also provides excellent facilities with state-of-the-art technology, extensive library resources and internship programs that match students' interests and abilities with appropriate companies and organizations. The Hofstra community is driven, dynamic and energetic, helping students find and focus their strengths to prepare them for a successful future.