2017 Distinguished Alumnus: Meet Gerald McCue
For Gerald McCue ’80 (MBA), senior vice president at Merrill Lynch, managing client portfolios has a higher purpose than simply growing wealth.
“Philanthropy is the ultimate goal with a client because they have reached a level of financial security, far beyond that which they will need,” said McCue. “I say to clients, ‘You’re financially secure, but don’t let me leave you with the impression that this is the only thing in life.’”
McCue knows from experience the importance of philanthropy. In 1998, he and his wife, Diane, created the McCue Memorial Foundation to support causes dear to them including education, youth organizations and humane societies.
To date, the foundation has paid the tuition for 14 college students. These scholarships have been responsible for fostering careers, creating long lasting relationships and essentially changing lives.
“Sometimes you’re so busy just making sure that what you’re doing is benefitting the individuals involved, you don’t really have time to reflect on the impact it has on those lives,” McCue said.
That impact even includes love. A bride and groom recently acknowledged the McCues at their wedding reception because the bride was a scholarship recipient, and without the scholarship she would have never gone to college, where she met the groom.
And, much like his approach to financial advising, philanthropy is much more than simply writing a check for McCue. He stays in touch with the foundation scholarship recipients and he regularly mentors students, speaks to classes and is on the Seneca Waterways Council of the Boy Scouts of America.
McCue will be honored as the Saunders College of Business 2017 Distinguished Alumnus on Oct. 13 at the RIT Presidents’ Alumni Ball for these achievements in philanthropy, in addition to his success in the financial industry.
August 23, 2019
Researchers gain new insight about bacteria within grapevine-killing crown gall tumors
Scientists have mapped the DNA of bacteria found within a chronic disease affecting grapevines, a feat they hope will ultimately help protect the multibillion-dollar grape industry that produces juice, jelly, wine and other important products.
August 23, 2019
RIT Saunders College of Business partners with Jewish Senior Life to study innovation in elder care
Projects developed from the partnership include a summer data analysis capstone project for RIT students that will wrap up in the next few weeks, an innovation competition for RIT students that will launch this fall, and a research experience for students that will examine app interfaces for memory-impaired individuals.
August 23, 2019
RIT president outlines progress on major initiatives
RIT President David Munson this morning welcomed back the community, saying that the university is positioned for another exciting academic year.
August 20, 2019
RIT to welcome 10th Destler/Johnson Rochester City Scholars cohort and first Davitt Scholars
RIT will welcome the 10th class of Destler/Johnson Rochester City Scholars, a program that has provided more than 200 graduates of the Rochester City School District and Rochester charter schools with the opportunity to attend RIT tuition-free since 2010. RIT will also welcome the first two recipients of the Mark and Maureen Davitt Graduate Education Endowed Scholarship.