BERWYN, Pa.--(BUSINESS WIRE)--Red Spruce Capital, a privately held Registered Investment Advisory firm, today announced a $25,000 gift to Drexel University to support the Alumni Impact Endowed Scholarship and the Alumni Relations 40 Under 40.

"We are very pleased to support Drexel University," commented Amish Desai, Founder of Red Spruce Capital. "With this gift, we hope to lessen the financial burden for scholarship recipients and to support a vibrant young alumni community across academia, industry, and the arts."

Drexel President John Fry said, “I am deeply grateful to Amish and all of his colleagues from Red Spruce for this generous gift, which tells us that we have a vision for the University that taps into the passions of such dedicated Drexel alumni.”

For more information about the Alumni Impact Endowed Scholarship visit http://drexel.edu/alumni/involved/impact/. For more information about the Alumni Relations 40 Under 40 visit http://drexelmagazine.org/2017/forty-under-forty/.

About Red Spruce Capital

Red Spruce Capital provides investment management services to individuals, businesses, partnerships, and trusts. The firm is headquartered in Berwyn, PA. For more information, please visit www.redsprucecapital.com.