PATCHOGUE, NY – JANUARY 3, 2008 – St. Joseph’s College is pleased to announce that it has established the Thomas A. Doherty Fund to create a visiting fellows program in business ethics and two endowed scholarships in his name.

A former chairman of the board and trustee for more than twenty years at St. Joseph’s College, Doherty was a retired chairman, president and chief executive of Fleet Bank. He served on the board of directors for New York Community Bancorp, the holding company for New York Community Bank and New York Commercial Bank, and was a former chief administrative officer of the privately held First Quality Enterprises Inc., which owns a consumer products company.

“Thomas Doherty was a leader in the business community and served as a role model to countless individuals,” said Sister Elizabeth A. Hill, C.S.J., J.D., president of St. Joseph’s College. “It is our privilege and honor to emulate the ethical behavior he displayed in his personal and professional life through this newly created endowment and fellows program.”

The Thomas A. Doherty Visiting Fellow in Business Ethics Program, the first of its kind at St. Joseph’s College, will connect business ethics with the world beyond the classroom. Ethicists will include representatives from government, business, journalism and medicine among others. As a complement to this program, the College will award annually, to a New York area person or organization that demonstrates special dedication or an innovative approach to ethics, the Thomas A. Doherty Award for Business Ethics.

The Thomas A. Doherty Scholarship Fund is partially endowed for two scholarships at St. Joseph’s College. The first of the two scholarships will be used to completely fund the education of a graduate student in the Executive M.B.A. program and the other will be a full scholarship awarded to an undergraduate student with financial need.

With a goal of raising $1 million by the end of June 2008, the Fund has already received more than $300,000 in pledges. For more information about the Thomas A. Doherty Fund, please contact Nancy Connors at (718) 636-6832 or (631) 447-3263 or email nconnors@sjcny.edu.

About St. Joseph's College

St. Joseph’s College has been dedicated to providing a diverse population of students in the New York metropolitan area with an affordable education rooted in the liberal arts tradition since 1916. Independent and coeducational, the College provides a strong academic and value-oriented education at the undergraduate and graduate levels, aiming to prepare each student for a life characterized by integrity, intellectual and spiritual values, social responsibility, and service. With campuses located in the Clinton Hill area of Brooklyn and in Patchogue, Suffolk, Long Island, the College offers degrees in over 22 majors, special course offerings and certificates, affiliated and pre-professional programs through its School of Arts and Sciences and its School of Professional and Graduate Studies.