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University of Richmond Awards Paragon Medal — University’s Highest Honor — to Marcus Weinstein; 2nd recipient in UR History

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Marcus Weinstein, pictured with his wife, Carole M. Weinstein, was awarded the University of Richmond’s Paragon Medal during a small ceremony held on campus on Jan. 19.

AWARD HONORS WEINSTEIN’S LEGACY OF LEADERSHIP, SERVICE, AND GENEROSITY

JANUARY 23, 2023

UNIVERSITY OF RICHMOND — The Paragon Medal, the University of Richmond’s highest honor, has been awarded to Marcus Weinstein, a UR alum, well-known philanthropist, and chairman of Weinstein Properties. Weinstein is only the second person in history to receive the medal. The first was E. Claiborne Robins in 1986.

Paragon Medal – The Paragon Medal is awarded to an individual who has demonstrated an unparalleled commitment to the University and positively shaped the University’s present and future. The award honors Weinstein’s enduring legacy of leadership and philanthropy as well as his advocacy for and support of both the University and the broader region.

Weinstein received his undergraduate degree from the University in 1949 and an Honorary Doctor of Commercial Science in 2002. He was awarded UR’s Alumni Award for Distinguished Service in 2005. He and his wife, Carole M. Weinstein, also an alum, received the President’s Medal in 2013 honoring their outstanding service to the University.

The Weinstein family has demonstrated extraordinary generosity to the University over many decades. Among numerous contributions to campus, their gifts led to the creation of the Carole Weinstein International Center, the Weinstein Center for Recreation, and Weinstein Hall. Additionally, the Weinsteins have supported endowed professorships and scholarship opportunities and numerous programming opportunities, including the annual Weinstein-Rosenthal Forum and other Chaplaincy initiatives.

“The University of Richmond has been instrumental in every success I’ve had over the last 70 years,” Weinstein said. “The University has given so much to me, and I’ve tried to do whatever I can to show my appreciation in return.”

Weinstein said gifts of all sizes can make a big impact.

“I was raised by my mother, and she believed it was important to share what she had with others. Giving to others and helping to make the world a better place is critically important to my Jewish faith,” Weinstein said. “By sharing what I have with other people I feel like I am helping to make the world a better place and making my mother proud.”

“Over five decades, Marcus and the Weinstein family have enhanced the student experience while holding our university to the highest standards,” said University of Richmond president Kevin F. Hallock. “They’ve improved our campus facilities, increased access and affordability for our students, supported the ethical development, health, and well-being of Richmond Spiders, raised the bar for academic success, and transformed Richmond into a truly global center for learning.”

IN GOOD COMPANY

“The only other person who has received this medal is E. Claiborne Robins senior, and I cannot think of any greater compliment to me and my family than to receive this medal and be thought of in his company. I am incredibly grateful and humbled by this honor from a place I love so much and which has done so much for me.”
— Marcus Weinstein on being the second recipient of the Paragon Medal, University of Richmond’s highest honor

Robins, who gifted the University $50 million in 1969, received the first Paragon Medal in 1986 during that year’s Commencement ceremony.

The Paragon Medal is the University’s highest honor and has been awarded only once before. Its design is inspired by a medallion that hangs from the presidential “Chain of Office,” which is passed down to each new president during their inauguration and worn at major ceremonies like Commencement.

“Marcus and his family have made a profound and critical difference in the life and culture of our university. This award honors their unmatched dedication and its transformative impact on the University of Richmond,” President Hallock added.

The Paragon Medal is not given to anyone else during the lifetime of its recipient. The University of Richmond Board of Trustees voted to confer this award to Marcus Weinstein in August 2022, and the ceremony was held on Jan. 19.

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