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Wall Street Leader, Nationally Respected Songwriter Pledge $1 million

John Angelo ’63, co-founder and chief executive officer of Angelo Gordon & Co., and Judy Hart Angelo ’64, a professional songwriter whose work is part of the 20th century American cultural heritage, have pledged $1 million to the Karen M. Urcuioli Scholarship Fund, in memory of their dear friend.

“Karen Urcuioli was a dear friend and sorority sister,” says Judy. “We came to New York City two weeks after graduation in 1964.  After a couple of years, I met and married John '63.  We all loved Karen very much, and after her untimely death, we have always designated our gifts to the St. Lawrence scholarship fund in her name.”

Judy Hart Angelo was one of the first St. Lawrence students to study abroad, when she went to France in 1962-1963 with two classmates to attend the Sorbonne. A member of the Laurentian Singers and the Sinners, an a capella women’s group, she went on to become a songwriter for television and theater.  Her credits include co-writing the theme song for the TV icon “CHEERS” and the opening song for the 1992 Summer Olympics in Barcelona, sung by Anita Baker.

John Angelo has been associated with several of the world’s largest Wall Street investment firms. In 1988 he formed his own company, Angelo, Gordon & Co., which today has 140 employees and manages $12 billion in non-traditional assets.  

The Angelos have quietly made transformative gifts and have offered their time and talent to charities in the arts, the environment and education.  They have a special commitment to the St. Lawrence endowment, knowing that this will assure our students’ future.

"In order for the University to assume a more competitive posture, endowment has to grow exponentially in the next period of years,” said John. “Endowments grow through superior investment performance and donor generosity.  I hope that our choice to support the scholarship endowment in memory of our friend can serve as an example as others consider their St. Lawrence philanthropy."