A List
4/4/05

TRUSTEE EMERITUS PLEDGES OVER $1 MILLION TO ST. LAWRENCE 

CANTON –St. Lawrence University Trustee Emeritus Michael W. Ranger 
and his wife, Virginia, of Morristown, New Jersey, have pledged $1,150,000 
to the University's next comprehensive campaign. The Rangers' gift 
will be used in two ways: $1 million will be allocated to the Michael 
W. Ranger and Virginia Ray Ranger Scholarship Fund, established in 
1993, and $150,000 will be used to support the annual St. Lawrence 
Fund over the next several years.
	Michael Ranger, a 1980 graduate of St. Lawrence, served as a trustee 
from 1993 through 2004, when expanding professional responsibilities 
prompted him to retire. While a trustee, Ranger served as chair of 
the budget and finance committee; as secretary of the board for 
1999-2001; and as vice chair for 2001-2003. An investment banker, 
Ranger is co-founder and senior managing director of Diamond Castle 
Holdings in New York City. He credits an internship during his senior 
year as the start of his career.
	"We had two reasons for adding to our scholarship," Michael Ranger 
said. "First, a scholarship gift is an addition to the endowment, 
which improves the University's financial position and creates greater 
financial flexibility. Second, I benefited from the rewards of a 
scholarship as a student. Without the aid of a scholarship I would not 
have been able to attend St. Lawrence. I have always felt indebted to 
St. Lawrence for this opportunity, and it is my goal to pay back to 
the University so that current and future students can have the advantage 
afforded me."
	"Mike Ranger was elected to the Board of Trustees just 13 years 
after graduation, and very quickly became one of its most respected 
members, someone who was able to help all of us see complex issues more 
clearly so we could make decisions with confidence," said President 
Daniel F. Sullivan. "He served as a role model for younger alumni. Not 
only that, his sharp intelligence and strong commitments transcended 
generations on the board and inspired all of us to reach for the highest 
possible aspirations. Mike and Virginia Ranger continue to inspire us 
through this exceptionally generous gift." 
	This year, Michael Ranger is a member of his 25th Reunion development 
committee.

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