Gilbert Trust opens downtown office

WINSTED — For the first time in its 118-year history, The W.L. Gilbert Trust has opened an office in downtown Winsted at 45 Elm St.The corporation was formed in 1895 to manage the endowment left by William L. Gilbert to build The Gilbert School.The trust also manages $1 million designated for scholarships and $3.5 million designated for programs and capital expenses that cannot be covered by the school’s operating budget. It is now in the process of establishing an international student residency program which will bring students from around the world to study and learn at The Gilbert School.School Superintendent Anthony Serio said the trust needed space in order to organize the program.“The trust only has one office at The Gilbert School,” Serio said. “Right now, the trust is anticipating hiring new employees this year as part of the program itself.”Serio said the trust has already hired Timothy Cronin as the dean of admissions for the program.Currently, both Cronin and Director of Development and Alumni Relations Terry Cowgill work at the office, but the trust will soon be hiring a director of residential life who will be the direct liaison between the trust and families who will host program students.Serio said a new part-time clerical employee who will work in the office will also be hired at some point this year.“One of the goals for the trust is to have much more of a presence in the downtown area, which we feel has been accomplished by this office space,” Serio said. “It is in a nice location off of Center Street and right across from the Bank of America.”Serio said the trust currently has a one-year lease on the office, but the trust may lease the space out for a further period of time.“Right now it’s all open-ended, and we will be assessing the situation down the line,” he said. “We do feel the office gives the trust a visible presence in Winsted.”Serio said, as of the beginning of March, seven international students have sent in their deposits for the program, which is scheduled to begin in the 2013-14 school year.

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