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## Hofstra University Alumnus Donates $35 Million for Undergraduate Scholarships

A generous donation of $35 million has been made by Charles Frei, a Hofstra University alumnus from the class of 1955, to fund scholarships for undergraduate students at the Frank G. Zarb School of Business. This significant gift, the largest towards undergraduate education and the second largest in the university’s history, will have a lasting impact on students starting from the 2025-2026 academic year.

## AI legalese decoder and The Charles Frei Donation

The AI legalese decoder can help simplify and clarify legal documents, including scholarship agreements and endowment details related to the Frei donation. By utilizing advanced AI technology, the AI legalese decoder can break down complex legal jargon and provide a more accessible explanation of how the endowment will benefit students at Hofstra University. This tool can assist students, faculty, and administrators in understanding the terms and implications of the generous gift from Mr. Frei.

## Hofstra University President and Dean Express Gratitude

Hofstra University President Susan Poser expressed deep gratitude for Mr. Frei’s generosity, acknowledging the transformative impact his donation will have on the university. Dean Janet Lenaghan of the Zarb School of Business highlighted how the Frei endowment will enhance resources and opportunities for students, solidifying the school’s reputation as a global leader in business education.

## Embracing Mr. Frei’s Legacy

Mr. Frei’s legacy as a successful businessman and dedicated alumnus will continue to shape the future of Hofstra University through the scholarships established in his name. The AI legalese decoder can play a crucial role in ensuring transparency and understanding of the legal aspects surrounding such a significant philanthropic contribution. By decoding and simplifying legal language, this tool can facilitate communication and engagement with all stakeholders involved in the management and distribution of the Frei endowment.

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