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Press Release

Teagle Foundation Elects Three New Board Members

New York, NY (June 27, 2005) - The Teagle Foundation announced today the election of three new members to their Board of Directors: Jayne Keith, President of Jayne W. Teagle Inc.; Philip Pool, Managing Director of Willis Stein & Partners; and Barbara Paul Robinson, head of the Trusts & Estates Department at the international law firm of Debevoise & Plimpton LLP;

"I am delighted to welcome Jayne Keith, Philip Pool and Barbara Paul Robinson to Teagle's Board of Directors," said W. Robert Connor, president of the Teagle Foundation. "They share a deep commitment to higher education. Their broad experience and leadership will help the Teagle Foundation realize our recently refined goals: to generate fresh thinking about teaching and learning in the liberal arts, to systematically assess the results of those efforts, and so to strengthen students' college educations."

After a one year moratorium on new grants, The Teagle Foundation has recently awarded approximately $4 million for a number of collaborative projects to establish new forms of collaboration among colleges in order to generate and disseminate knowledge about faculty driven value added assessment.

Jayne Keith is President of Jayne W. Teagle Inc., a property investment and interior design firm. She is the former president of the Women's Board of the Boy's Club of New York, where she remains a Trustee and Member of the Presidents' Council and Executive Committee, and she is a Trustee of Physicians for Peace and the founder of the Women's and Children's Health Initiative. She is a former member of the International Board of UNESCO. She received her B.A. with honors in English and an Elementary Education Certificate from Wheaton College, and a graduate degree in Interior Design from The New York School of Interior Design.

Philip Pool is a Managing Director of Willis Stein & Partners, a middle market leveraged buyout firm, and works in New York City. Prior to joining Willis Stein in July 2001, he was a Managing director in the Investment Banking Group of Credit Suisse First Boston Corporation (CSFB), where he worked from November 2000 to May 2001 following CSFB's acquisition of Donaldson, Lufkin & Jenrette Securities Corporation (DLJ). Mr. Pool joined DLJ in 1994, where he co-founded and headed the Private Fund Group. From 1985 to 1994, he was an investment banker with Merrill Lynch & Co., and from 1980 to 1985, he was an investment banker with Kidder, Peabody & Co. Incorporated. Before attending graduate business school, he was a commercial lending officer with The Bank of New York. Mr. Pool serves on the Board of Managers of the Alumni Association of the University of Virginia and is on the Board of Directors of the Jefferson Scholars Foundation. He also serves on the Board of Trustees of the Police Relief Association of Nassau County, Inc. Mr. Pool received an M.B.A degree from Columbia University Graduate School of Business, and he holds a B.S. degree from the McIntire School of Commerce of the University of Virginia.

Barbara Paul Robinson is head of the Trusts & Estates Department at the international law firm of Debevoise & Plimpton LLP, where she was the first woman to become a partner in 1976. She served as President of The Association of the Bar of the City of New York, the first woman to serve in that capacity in its 125 year history. She served as Chair of the Board of Directors of the Foundation for Child Development and continues to serve on that Board. She is currently a Trustee of Bryn Mawr College and of the William Nelson Cromwell Foundation, and serves as Treasurer and a member of the Board of Catalyst, Inc. Mrs. Robinson is a member of the Mayor's Commission on Women's Issues and on the Boards of The Ocean Conservancy, American Friends of the British Museum, Wave Hill, and is a member of the Council of Foreign Relations. She is a former member of the Board of Citizens Union Foundation, Trinity School (where she also served as President), American Arbitration Association and Lawyers Committee for Civil Rights Under law. Mrs. Robinson has served as President of the Yale Law School Association of New York. She is a member of the American Bar Association, the New York State Bar Association and is a Fellow of the New York Bar Foundation, the American Bar Foundation and the American College of Trust & Estate Counsel. She received her A.B. magna cum laude with honors from Bryn Mawr College in 1962 and her J.D. from Yale Law School in 1965, where she was a member of the Order of the Coif and an editor of the Yale Law Journal.

About the Teagle Foundation

The Teagle Foundation is committed to providing intellectual and financial leadership for the promotion and strengthening of liberal education. For more information on the Foundation and its programs, please visit www.teaglefoundation.org.

Contact Person: Donna Heiland, Vice President for Programs
dheiland@teaglefoundation.org (212-373-1972)