At the commencement ceremony at the University of Massachusetts Dartmouth, billionaire philanthropist Rob Hale surprised the graduating class of more than 1,000 by announcing that each student would receive $1,000. The cash was brought in duffel bags and handed out on stage, with the condition that they keep $500 and give away the rest. Hale emphasized the importance of giving back and cited the joy that he and his wife had experienced from helping others. This is the fourth year in a row that he has gifted money to graduating students, with previous recipients including UMass Boston, Roxbury Community College, and Quincy College.
The students at UMass Dartmouth had no idea in advance that Hale would be speaking or giving away money. Many, like Joshua Bernadin, were surprised and excited by the unexpected gift. Bernadin, who graduated with a chemistry degree, has not yet decided how to use his $500, but plans to donate the other half to the theater company and gospel choir he was involved in at the university. He appreciated the idea of being compelled to donate, stating that it is important to remember those who have helped along the way and to give back. Hale shared some personal experiences, including his company filing for bankruptcy during the dotcom crash in 2002, to emphasize the message that it is okay to take chances in life and fail.
In an interview, Hale explained that the tradition of cash giveaways during commencement ceremonies started during the pandemic when students had little to celebrate. He shared that the most impactful part of the gesture was hearing the stories of how the students’ donations had helped struggling local organizations and families in need. Students who did not attend the ceremony missed out on the money, prompting Hale to emphasize the importance of showing up and being present. Local elementary schools personalize the envelopes given to each student, with one labeled “Gift” and the other labeled “Give,” each containing $500. While there is no way to ensure that students give away half the money, Hale believes that the majority do the right thing and find joy in giving back.
Hale’s message to take chances in life and embrace failure resonated with the graduating students, many of whom appreciated the unexpected generosity and the opportunity to give back to their communities. Hale plans to continue the tradition of giving away cash at commencement ceremonies, with the recipients and schools remaining a surprise until the event. Students who have received the gifts in previous years have had a positive impact with their donations, benefiting various groups and individuals in need. The act of giving back is encouraged as a way to spread joy and support those who may be struggling, especially during challenging times.
