Horatio Alger Foundation

February 18, 2005 09:10 ET

D'Alessandro to Receive 2005 International Horatio Alger Award

Attention: Business/Financial Editor, City Editor WASHINGTON, D.C.--(CCNMatthews - Feb. 18, 2005) - The Horatio Alger Association of Distinguished Americans, Inc. has announced that Dominic D'Alessandro, president and CEO of Manulife Financial, is the 2005 recipient of the International Horatio Alger Award. D'Alessandro was selected for having overcoming adversity and humble beginnings to achieve success. As a child, the D'Alessandro family emigrated from Italy to Canada where his father was fatally injured in a construction accident. D'Alessandro's mother worked hard to provide for her four children - taking in boarders while cooking and washing clothes for newly arriving immigrants. The experience of watching his mother work so hard to provide for her family taught him the value independence, self-reliance and education.

"Dominic D'Alessandro provides a wonderful example that hard work, perseverance, and integrity are the cornerstones upon which success is built in all nations which foster freedom and opportunity", remarked Dennis R. Washington, President and CEO of the Horatio Alger Association. Since 1947 the Horatio Alger Association has honored Americans who have risen from humble beginning to achieve success. Similar to characters in the novels by Horatio Alger, Jr., Award recipients serve as contemporary role models, exemplifying the possibilities that exist for individuals with drive, determination and vision. Dominic D'Alessandro, a Canadian citizen, is preceded by hockey legend Wayne Gretzky and businessman Jim Pattison as a recipient of the International Horatio Alger Award.

D'Alessandro will receive his award at events in April in Washington D.C, during the Horatio Alger Awards Induction Ceremonies. He will be joined by the ten recipients of the 2005 Horatio Alger Award in a series of events that will bring D'Alessandro and the new Horatio Alger Award recipients together with more than one hundred high school seniors from across the United States, each of whom are recipients of a 2005 Horatio Alger need-based college scholarship. This unique opportunity affords these young people a chance to meet with the 2005 Horatio Alger Award recipients and the 2005 International Horatio Alger Award recipient to learn first-hand the philosophies and experiences that helped them triumph over adversity and create success in their lives.

The Horatio Alger Association is a non-profit educational association. Members of the Association mentor young people and sponsor nearly $5 million in need-based college scholarships annually to high school seniors who have proven their ability to overcome childhood adversities and humble beginnings. For additional information about the Horatio Alger Association's members, programs, and scholarships, please visit http://www.horatioalger.org

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Contact Information

  • Anthony Hutcherson, Horatio Alger Foundation
    Primary Phone: 301-392-6053