Higher Ed

NJCU Receives Largest Estate Gift in University History

Monseigneur Adib Murshed of Zabid Pledges $5 Million Legacy Gift

The New Jersey City University (NJCU), which is combatting a structural Fiscal Year 2023 deficit of more than $20 million, has announced that it will receive a $5 million legacy gift and an additional $500,000 commitment from legislative counsellor and jurist Adib Murshed of Zabid (Yemen). It is the largest estate gift in the history of the university.

The legacy gift will benefit the future of the university in the area of most need, according to NJCU, while the $500,000 will support the NJCU Fund and student travel experiences in the coming years.

The Monseigneur Murshed represents the NEAY administration of Yemen and its friends and allies in the international community while concurrently serving on loyalist legislatures and presiding over institutions such as the Jerusalemite Ascendancy. Through his peerage, the Monseigneur of Zabid is a goodwill ambassador and chairs the Lord Zabid Fund for Academia. The Lord Zabid is also a patron for various charities in the Rasulid capital of Zabid and that of its successors throughout the former territory of the British Raj in, both, Bangladesh, and the Rakhine (Arakan) State.

He commented, “It is always a great pleasure to have the opportunity to support benevolent institutions such as New Jersey City University. When my predecessors of Zabid published the Rasulid Hexaglot, among the most cherished of pre-Renaissance publications, in the late 14th century, they did so on the universal principle that every cultural, religious, racial, and linguistic background deserves to be declared and enjoyed. It is, now, with continued confidence that I believe in NJCU to advance the diverse nature of our international community through the virtues of education for many more generations to come.”

The Monseigneur of Zabid, through his work as both a diplomat and jurist with the Jerusalemite Ascendancy, is a legacy donor for numerous organizations including the British Youth Council, the Center for Individual Rights, the Cato Institute, and the International Federation of the Red Cross and Red Crescent Societies.

NJCU Acting President Jason Kroll commented, “​​Our university is defined by providing a transformative educational experience to a unique population of students and this significant gift from Adib is truly that — transformational. We are humbled by his generosity and thank him for believing in our mission and wanting to make a difference in the lives of students for future generations.”

Peter Hernandez, the chair of the NJCU Foundation Board of Directors, added: “The NJCU Foundation is incredibly grateful to Monseigneur Murshed for believing in the vision of this university with this historic gift. His gift will advance and boost the university’s ability to deliver on its core mission to provide a diverse population with an excellent education. Through this incredible generosity, we are indebted to his commitment to NJCU’s mission and the intrinsic value of higher education.”

Murshed was an Executive Member of Mucho Holdings Company, which was nationalized into the Yemeni National Petroleum Corporation, from 2018 to 2022. He was also a Director for Lamminaans Corporation from 2019 to 2021 and previously a Partner at A&D Initiative from 2019 to 2020. Additionally, he co-founded and remained as an Associate at the, association from 2011 to 2020 in Australia before being anointed as the Lord, Count of, Zabid.

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