Show & Tell: Paul V. Profeta talks about his foundation’s recent donation to NJIT

Paul V. Profeta is a New Jersey-based real estate investor and philanthropist.

His foundation recently made the largest donation to New Jersey Institute of Technology in its history, to establish two new education and research centers — one focused on real estate and the other on entrepreneurship.

“I am proud to partner with NJIT to create an educational hub in Newark dedicated to the future of real estate. Helping students who might otherwise not have the opportunity to be innovators in the field that has given me so much, in the city that is so close to my heart, is very gratifying. I look forward to seeing the new centers thrive as a place for entrepreneurs to drive innovation and renewal.”