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Catherine B. Reynolds brings to the world of philanthropy the same
energy and entrepreneurial spirit that ensured her success in the
realm of commerce. As the leader of two businesses, Mrs. Reynolds
created a new and affordable way for Americans to finance a college
education. A bold, innovative thinker, she developed a privately-funded
supplement to government student loan programs. Through her vision
and perseverance, hundreds of thousands of Americans have been able
to attend the college of their choice.
In only one decade, this
creative approach to private educational financing revolutionized
student lending and spawned a multibillion-dollar industry of 65 lenders offering more than 200 financial products.
Mrs. Reynolds devotes her time and abilities primarily to philanthropic
pursuits as the chairman of one of the largest foundations
in the nation. The mission of the Catherine B. Reynolds Foundation
is profound in its implications, yet simply stated: to help educate
young people, to inspire them to believe in their power to make
a difference as individuals, and to motivate them to reach their
greatest potential as citizens and productive members of society.
Mrs. Reynolds was selected by Business Week as one of the
50 most philanthropic living Americans and the first self-made woman
ever to make their list. This year, Mrs. Reynolds’ efforts on behalf of higher education have been recognized by the award of honorary degrees from Georgetown University, Morehouse College and Willamette University, as well as the NYU Gold Medal upon her induction into The Sir Harold Acton Society of New York University. She is also the recipient of the Woodrow Wilson Award for Corporate Citizenship, bestowed annually on America’s most outstanding business leaders by the Woodrow Wilson International Center for Scholars. Mrs. Reynolds has recently served as a member of the U.S. Secretary of Education's Commission on the Future of Higher Education.
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