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Faheys Commit More Than $13 Million

Gifts support Campaign priorities

Peter Fahey '68, Th'69 (B.E.) and '70 (M.E.) and his wife, Helen, have committed more than $13 million, including some of the earliest gifts to the $1.3 billion Campaign for the Dartmouth Experience, to support a range of College priorities. Last month Dartmouth dedicated the Fahey Residence Hall on Tuck Mall and the Fahey Advanced Design Laboratory in the new MacLean Engineering Sciences Center at Thayer School of Engineering. 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 cochair of the College's Campaign for the Dartmouth Experience.

Faheys
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)

"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," says President James Wright. "They lead by example."

Helen and Peter Fahey are residents of Port Washington, N.Y., and Hanover, N.H. Helen graduated from Skidmore in 1967 and has shared Peter's Dartmouth experience since 1968, when they were married and lived in Sachem Village from 1968 to 1970. All four of their children—Kim Fahey Brown M.D. '92, Peter Jr. '94, Michael M.D. '97, and Katie '06—are Dartmouth graduates, as are two of Peter's brothers—Steve '70, DMS '72, and Tim '74.

"I spent 10 years on the Dartmouth Board of Trustees," Peter Fahey says, "planning for upgraded facilities around campus. It's gratifying to me that halfway though this campaign, we've already opened eight new residence halls, a new engineering sciences building, and Kemeny Hall and the Haldeman Center."

The Faheys' generous annual support through the Dartmouth College Fund and Thayer Annual Fund permits the College and Thayer School 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. He was named a vice president in 1978 and a general partner in 1982. Prior to joining the firm, he worked in the field of membrane separation, first as a scientist and later in manufacturing. He received an M.B.A. with highest honors in 1975 from Harvard Business School and was designated a Baker Scholar. A Dartmouth Trustee from 1994 to 2004, he has been a member of the executive committee of Thayer School and of the major gifts committee of the College's Will to Excel Campaign; an executive committee member of the Class of 1968; cochair of his 20th, chair of his 30th, and cochair of his 35th Reunion Giving Campaigns; and chair of the Dartmouth College Fund, in addition to his current role as a cochair of the Campaign for the Dartmouth Experience.

The Faheys' commitment addresses several major priorities in the current campaign, which seeks investment in four initiatives: to advance leading-edge teaching and scholarship, enhance residential and campus life, more fully endow the financial aid program, and raise unrestricted dollars. The campaign is institution-wide, embracing the undergraduate and graduate programs in the arts and sciences and the three professional schools: Tuck School of Business, Thayer School of Engineering, and Dartmouth Medical School.

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Last Updated: 12/17/08