VCCS Celebrates Philanthropy – The Lipman Foundation
Reynolds Community College submitted The Lipman Foundation to be one of the philanthropists recognized with this year’s Chancellor’s Award. In 1991 Eric and Jeanette Lipman made their first gift to the college. Mrs. Lipman went on to establish the Eric and Jeanette Lipman Endowed Scholarship, to create an endowment to support Reynolds’ Middle College program, and to fund the Jeanette Lipman Auditorium in the Massey Learning and Technology building on the Reynolds Parham Road Campus. But, Mrs. Lipman gave more than just funding, she also gave of her personal time and talent by joining the Reynolds Educational Foundation Board in 2001. The Lipman Foundation’s latest support was a $1 million donation to extend the college’s footprint in Richmond’s East End.
Picture here left to right: Reynolds President Gary Rhodes,
Educational Foundation Board Member Julie Gustavsson,
The Lipman Foundation - Mike Gracik,
Reynolds Development Director Marianne McGhee
“Jeanette was very much interested in helping people help themselves,” said Elizabeth Littlefield, executive director of the J. Sargeant Reynolds Community College Foundation. “She saw our college as a pathway to economic independence, and provided scholarships to make sure financial resources were not a barrier.”
Ellen Robertson of the Richmond Times-Dispatch had this to say about Mrs. Lipman: “Jeanette Lipman once said that she practiced “venture philanthropy.” Although she and her husband made gifts to prominent Richmond institutions, her special passion was for causes that had little or no mechanism for funding. She then found resources to address problems.”
Eric Lipman passed away in 1992. Jeanette Lipman passed away in 2017 at the remarkable age of 102. Although they are now gone, the Lipmans and their Foundation will have a lasting impact not only on Reynolds, but on about 30 other organizations in Richmond, in Virginia and beyond.