Rochester, NY—November 7, 2018—
Philanthropist and entrepreneur
Tom Golisano announced today that he is withdrawing his support of $25 million for the Performing Arts Center in Rochester, NY.
Golisano said, “I originally made this decision to support the Preforming Arts Center in 2016. Now two years later, the project is no closer to becoming a reality. It has dramatically changed in scope, becoming part of a larger entertainment complex, which is not in line with my philanthropic priorities. It has also not garnered the financial support it needs from the community. It is time for me to move on to the many other projects we are working on in this region that need support and that are more aligned with my philanthropic priorities.”
Mr. Golisano notified RBTL Chairman and CEO Arnie Rothschild of his decision this morning.
Mr. Golisano will not be making any further comment.
About Tom Golisano
Tom Golisano
is an entrepreneur, philanthropist, and civic leader. He is the founder and chairman of the Board of
Paychex
, a leading national provider of payroll, human resource, and benefit outsourcing solutions. Mr. Golisano has demonstrated an ongoing dedication and commitment to a many civic issues and organizations. His personal philanthropic contributions to the Golisano Foundation, hospitals, educational institutions and other organizations now exceed $310 million. His largest single gift to an organization is $37 to Special Olympics International to increase year-round access to inclusive health for people around the world with intellectual disabilities.
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