Answered By: Canon Crawford Last Updated: May 19, 2016 Views: 83
Among his many other civic activities and accomplishments, Frank P. Doyle was the former president and co-founder of the Exchange Bank. In 1890, he co-founded the bank with his father, Manville, and in 1916, he succeeded his father as bank president. During the 1930s Depression years, Doyle obtained funds from the federal government's Public Works Administration to help construct buildings at SRJC. In his will, Doyle established a unique perpetual trust that would provide scholarships to "worthy young men and women attending SRJC." At the time of Mr. Doyle's death in 1948, the value of this trust was close to $600,000. In 1950, the first awards were made from the trust's dividends: $21,000 funded 95 student scholarships. Since that year, the trust has earned more than $52 million in dividends, resulting in over 83,000 Doyle scholarships to students at SRJC. In September 2003, the SRJC Board announced that the new Santa Rosa Campus Library would be named the "Frank P. Doyle Library" in honor of Mr. Doyle and his contributions to SRJC. Read about the Doyle Scholarship at SRJC.