George E. Doty, FCRH ’38
George E. Doty was a 1938 alumnus of Fordham College at Rose Hill.
He passed away on April 24, 2012.
Like clockwork, Fordham counted on George E. Doty, the man who gave more consistently than anyone in the University’s history. Every year since 1957, Doty, a former chair of the Board of Trustees and managing partner of Goldman Sachs, has lent his support. His gifts have bolstered several University initiatives, including the Marie Ward Doty University Chair in Psychology, the renovation of the University Church and the Annual Fund.
“I was fascinated by the mind-stretching that occurred as part of my Jesuit education,” said Doty, who worked the night shift at the incinerator on West 56 th Street during the height of the Great Depression to pay for his Fordham tuition. “I later went to Columbia to get a master’s degree, but I never got the same mind-stretching experience that I’d gotten at Fordham.” Doty’s Fordham education enabled him to work for 17 years at the accounting firm of Lybrand, Ross Bros. and Montgomery before joining Goldman as a partner in 1964.
“We recruited people from all the best universities and graduate schools, and I never felt at an intellectual disadvantage to anyone I ran into there,” he said.
Doty said the idea for his gift to help restore the University Church came in part because his wife, the late Marie J. Ward Doty, noticed that the kneelers needed work. Just as he and a cadre of other successful alumni helped Fordham negotiate a period of financial uncertainty in the early 1970s, Doty said he merely did what needed to be done.
The couple’s generosity also has benefited the intellectual life of the University. Recipients of honorary law degrees in 1981, the Dotys created the Dr. M. J. Werthman, GSAS ’85, Memorial Endowed Scholarship, which supports female graduate students who are engaged in the study and clinical treatment of mental illness.
For his continued generosity, Doty was honored as an inaugural member of the Fordham University Hall of Honor during Jubilee Weekend in 2008.
Doty said that Fordham helped forge an intellectual rigor built on strong faith.
“If I did not have the Catholic faith and I wanted to invent a faith for myself, what would I do? I think I would reinvent the Catholic faith. It may sound foolish, but I think of a loving God, a forgiving God. How can you beat that?” he said. “So I guess I’m convinced both on faith and on logic that Fordham is the best place to be.”