Robert "Bob" Broughton (In Memoriam)
Gresham Riley Award
Robert "Bob" Broughton (In Memoriam) is a recipient of the 2024 Gresham Riley Award.
When Louis Benezet brought Bob Broughton to CC in 1958, the college’s finances were in disarray and all investments were local. Over his 27-year career, Bob revisited CC’s investment strategies and brought the endowment to $55.8 million. When he retired, CC’s endowment had the 11th highest annual gains of 172 universities and colleges across the nation. The large-scale fundraising campaign of that era resulted in numerous new buildings, growth of the student body, and the switch to the academic Block Plan. While at CC, Bob was an advisor to the National Defense Student Loan Program, a consultant to historically Black colleges and universities and the United Negro College Fund, and an advisor to educational television stations in San Francisco, Denver, and Seattle. Bob’s dedication to CC extended well beyond his work. He was an ardent hockey fan, never missing a home game and listening to away games on the radio. In 1998, Bob and his wife gave the initial gift to endow the Robert and Dona Broughton Scholarship for CC students. Over the years, 16 students have benefitted from this scholarship. Bob died in 2011 at age 94.