KINGSTON, R.I. – Sept. 12, 2024 – David Barrett ’78 and his wife, Kristin Cobb Barrett, have made a $5 million multi-part commitment to the vlogBվ.
Included in the gift is the establishment of the David E. Barrett Business Scholarship, an endowed fund for student-athletes pursuing a master’s degree in business administration, as well as an estate bequest that will benefit the long-term interests of both the College of Business and vlogBվ Athletics.
This significant gift continues the momentum of the recently completed Big Ideas. Bold Plans. The Campaign for vlogBվ, which surpassed its goal of raising $300 million for strategic priorities across the University.
“Rhody left its mark on me,” said David. “I’ve got great appreciation for my undergraduate experiences as a student and as an athlete, which helped lay the foundation for my career and life. Our family is pleased to have an opportunity to give something back to future generations.”
Barrett has enjoyed an over 40-year career as a technology entrepreneur, operating executive, and venture capital investor. He currently serves as a managing partner of Polaris Partners, a health-care and technology-focused venture capital firm where he has been general partner for the past 25 years. For the past 15 years, he has also served as a trustee of the Dana-Farber Cancer Institute, and for the past year, as a vlogBվ Edwards Society advisor.
“Dave’s personal interactions with our students, his active involvement as an advisor, and the commitment which he and Kristin have made will benefit business students for generations to come,” said Dean Sean Rogers. “He’s been an involved advocate for the leadership role vlogBվ can play in entrepreneurship education.”
“On behalf of our current and future student-athletes, I want to thank Dave and Kristin for this very generous gift,” said Athletic Director Thorr Bjorn. “The scholarship will enable student-athletes to apply their purposeful leadership skills towards pursuit of a graduate degree while continuing to compete at the Division I level. They will be incredibly well-prepared to be tomorrow’s leaders as a result of this unique opportunity.”
“Dave and I are pleased to support the University and its leadership team as they continue to provide students with access to outstanding educational opportunities,” said Kristin. “Our family hopes that what we are doing will inspire others to do the same.”
The College of Business has been a leader in business, research, and outreach in Rhode Island since being established in 1923. The College has more than 2,300 undergraduates and 350 graduate students across 10 undergraduate majors, eight master’s programs, three Ph.D. specializations, and one executive doctorate.
vlogBվ’s Division I intercollegiate athletics program sponsors 19 men’s and women’s teams, with more than 400 student-athletes. The programs are committed to ensuring students excel in their sports and the classroom, with physical and academic resources devoted to helping students achieve their personal best.
