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>  News Releases >   2006 >   November

Dedicated to Dartmouth: Comprehensive gifts from campaign co-chair and his wife total more than $13 million in support of recently opened buildings, student life

Dartmouth College Office of Public Affairs • Press Release
Posted 11/15/06 • Susan Knapp or Genevieve Haas• (603) 646-3661

Peter and Helen Fahey
Former Trustee Peter Fahey '68, Th'69 (B.E.) and '70 (M.E.) and his wife, Helen, have made gifts totaling more than $13 million to the Campaign for the Dartmouth Experience. (Photo courtesy Helen and Peter Fahey)

Peter Fahey, a 1968 graduate of Dartmouth College who also received bachelor's and master's degrees in engineering from Dartmouth's Thayer School of Engineering, and his wife Helen have committed more than $13 million to date to the $1.3-billion Campaign for the Dartmouth Experience, including some of the earliest gifts to the campaign, to support a range of College priorities. The campaign is the largest fund-raising effort in Dartmouth's history.

Last month Dartmouth dedicated the Fahey Residence Hall on Tuck Mall and the Fahey Advanced Design Laboratory in the new MacLean Engineering Sciences building at the Thayer School, named in honor of the Faheys' commitments. The new Fahey and McLane Residence Halls on Tuck Mall provide housing for 162 students, echo Dartmouth's traditional Georgian architecture within a contemporary design, and are environmentally friendly and energy efficient, following guidelines from Leadership in Energy and Environmental Design (LEED), administered by the United States Green Building Council. The new engineering laboratory offers students flexible workspace they can call their own for the duration of their project work, much like a graduate lab but for undergraduates and bachelor of engineering students.

In addition to their support of these projects, the Faheys are leadership donors to the Dartmouth College Fund and the Thayer School Annual Fund. Peter Fahey, a former Dartmouth trustee and current member of the Thayer School Board of Overseers, is a co-chair of the College's campaign.

"The Faheys' generous gifts have touched so many areas of this campus and have had a substantial impact on the lives of Dartmouth students, advancing academics, athletics, residential life, and more," said President James Wright. "They lead by example."

Helen and Peter Fahey are residents of Port Washington, N.Y. and Hanover, N.H. Helen Fahey graduated from Skidmore College in 1967 and has shared Peter Fahey's Dartmouth experience since 1968, when they were married and lived in Sachem Village (an off-campus residence for Dartmouth students) from 1968 to 1970. All four of their children are Dartmouth graduates - Kim Fahey Brown, MD, Class of 1992; Peter Jr., Class of 1994; Michael, MD, Class of 1997; and Katie, Class of 2006 - as are two of Peter Fahey's brothers, Steve, Class of 1970, Dartmouth Medical School Class of 1972, and Tim, Class of 1974. Peter and his brothers were raised in Winchester, Massachusetts.

"I spent ten years on the Dartmouth Board of Trustees," Peter Fahey said, "planning for upgraded facilities around campus. It's gratifying to me that halfway through this campaign, we've already opened eight new residence halls and a new engineering sciences building as well as Kemeny Hall and the Haldeman Center." (Kemeny Hall is a new home for the Dartmouth Department of Mathematics. The new Haldeman Center houses the Dartmouth Ethics Institute, the Dickey Center for International Understanding and the Leslie Center for the Humanities.)

The Faheys have also provided generous annual support through the Dartmouth College Fund and the Thayer School Annual Fund. Such support permits the College and the Thayer School of Engineering to pay for student programs and services, bolster financial aid, retain faculty, and have the flexibility to meet their most pressing needs throughout the year. In more than 35 years of philanthropy, the Faheys have also established an endowed scholarship and an endowment for Dartmouth athletics, and in partnership with the Scully family provided the funding for the Scully-Fahey Artificial Turf Field.

Peter Fahey is a retired limited partner of Goldman Sachs, with whom he has been associated since 1975. Named a vice president in 1978 and a general partner in 1982, he headed the investment banking division's Strategic Planning and Recruiting Committees, the firm's Commitments Committee, the High Technology Group, the Product Development and Innovation Group, and the Limited Partner Advisory Committee. Prior to his work at Goldman Sachs, he worked in the field of membrane separation, first as a scientist and later in manufacturing. In 1975 he received an MBA with highest distinction from Harvard Business School and was designated a Baker Scholar. A Dartmouth trustee from 1994 to 2004, he became a co-chair of the Campaign for the Dartmouth Experience in 2002. He has been a member of the executive committee of the Thayer School and of the major gifts committee of the College's Will to Excel Campaign (1991-96); an executive committee member of the class of 1968; co-chair of his 20th, chair of his 30th, and co-chair of his 35th Reunion Giving Campaigns; and chair of the Dartmouth College Fund.

In the Campaign for the Dartmouth Experience, Dartmouth is seeking investment in four initiatives: to advance leading-edge teaching and scholarship, to enhance residential and campus life, to more fully endow its financial aid program, and to raise unrestricted dollars. The campaign is institution-wide, embracing its undergraduate and graduate programs in the arts and sciences and its three professional schools, Dartmouth Medical School, the Thayer School of Engineering and the Tuck School of Business.

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