In Memoriam: Trustee Emeritus Terrence J. McGlinn

Author: Dennis Brown

Candles in the Grotto

Terrence J. McGlinn, an emeritus member of the University of Notre Dame’s Board of Trustees, died Sept. 12 (Tuesday). He was 77.

“Terry was a beloved member of the Notre Dame family, a wise and trusted adviser and a generous benefactor,” said Rev. John I. Jenkins, C.S.C., Notre Dame’s president. “We mourn his passing, and we hold Bobbie, their children, other family members and his many friends in our prayers.”

A Trustee since 1994, McGlinn also served as a Fellow of the University, the governing body that elects Trustees, adopts and amends bylaws and is specifically charged with maintaining Notre Dame’s Catholic character. He previously served on the advisory council for Notre Dame’s Mendoza College of Business.

McGlinn was general partner of Walnut Street Associates, a private investment partnership based in Reading, Pennsylvania. He also was affiliated with several other limited partnerships and was active in numerous philanthropic organizations.

He earned a bachelor’s degree in accountancy from Notre Dame and an MBA from the University of Pennsylvania’s Wharton School, after which he founded McGlinn Capital Management. He sold it to Meridian Bank & Trust Co. in 1995 but continued in a management role until 1999.

McGlinn and his wife, Barbara (Bobbie), were co-benefactors of the Mendoza College of Business and made a gift to underwrite the construction of McGlinn Hall, a women’s residence hall on campus. Their four children are Notre Dame graduates.

When Notre Dame presented him with an honorary degree in 2004, the citation read in part: “As a Trustee and Fellow of the University, he has combined his 50 years of personal perspective on Notre Dame with sharply honed professional expertise to protect its Catholic character and financial foundation.”

The family will receive friends at Kuhn Funeral Home, West Reading, Pennsylvania, on Sept. 17 (Sunday) from 4 to 7 p.m. A Mass of Christian Burial will be celebrated at St. Ignatius Loyola Church on Sept. 18 (Monday) at 10 a.m.