Philip Rinaldi '68, founder and former chief executive officer of Coffeyville Resources and a member of the
NJIT Board of Overseers, hosted a
dinner cruise around Manhattan for 38 guests on June 5 aboard his one-of-a-kind yacht, the
Vivere. The cruise was a silent auction offering at NJIT's
Celebration 2007. In addition to the Rinaldis’ generosity, the NJIT Board of Overseers and
NJIT Board of Trustees members who signed on for the cruise donated more than $10,800 to NJIT. As per Phil’s request, this amount will be equally divided in support of scholarships at the New Jersey School of Architecture, Newark College of Engineering, and the College of Science and Liberal Arts.