Question: Adam Smith University was founded by Dr. Donald Grunewald, who was president of what college in Dobbs Ferry, New York?

Context paragraphs:
Adam Smith University: Adam Smith University (also known as Adam Smith University of Liberia and École Supérieure Universitaire Adam Smith) is an unaccredited private distance learning university founded in 1991 by Dr. Donald Grunewald (MA Harvard 1955, MBA Harvard 1959, DBA Harvard 1962), who is still its president.  Grunewald was president of Mercy College between 1972 and 1984.  Since 1984 Grunewald is professor of Management at the Hagan School of Business at Iona College, teaching courses in Business Policy and Strategic Management (source: Iona college).  Grunewald served as a Member of Advisory Board of The Wilton Bank (source: Bloomberg).  Adam Smith university espouses the principle of independence from state control, believing that such control prevents it from furthering its mission.

Andrea Stewart-Cousins: Andrea Stewart-Cousins (Democrat, Independence and Working Families) is a New York State Senator and the first woman in New York State history to lead a conference in Albany.  The Yonkers resident represents the 35th State Senate district in New York which in its present configuration includes Ardsley, Dobbs Ferry, Elmsford, Greenburgh, Hastings-on-Hudson, Irvington, Tarrytown, Scarsdale and parts of Yonkers, White Plains, and New Rochelle.  Prior to being elected to the New York State Senate, she was a Westchester County Legislator.  She was elected to the New York State Senate in 2006.  In 2012, her colleagues chose her to be the first female legislative leader; she currently serves as Democratic Conference Leader.

Dobbs Ferry (Metro-North station): The Dobbs Ferry Metro-North Railroad station serves residents of Dobbs Ferry, New York via the Hudson Line.  Trains leave for New York City every 25 to 35 minutes on weekday rush-hour (peak trains).  Trains run hourly during non-peak times, and on weekends and holidays.  It is 19.9 miles from Grand Central Terminal and travel time to Grand Central is about 44 minutes by local train.

Ferdinand Gottlieb: Ferdinand Gottlieb (October 5, 1919 in Berlin, Germany – October 27, 2007, in Dobbs Ferry, New York) was a New York-based architect.  He headed his own firm, Ferdinand Gottlieb & Associates, based in Dobbs Ferry (1961-2007).

Masters School: The Masters School, known as Masters, is a private, coeducational boarding school and day college preparatory school located in Dobbs Ferry, New York.  Its 96 acre campus is located north of New York City on the Hudson Valley in Westchester County.  It was founded as an all-girls private school in 1877 by Eliza Bailey Masters, and first admitted boys in 1996.

Dobbs Ferry Union Free School District: Dobbs Ferry Union Free School District is a grades K-12 school district based in Dobbs Ferry, New York in the Hudson Valley, approximately 20 miles north of midtown Manhattan.  The district is small compared to most districts in Westchester County, New York, with approximately 112 students per grade in three schools: Springhurst Elementary School; Dobbs Ferry Middle School; and, Dobbs Ferry High School.

United States Post Office (Dobbs Ferry, New York): The United States Post Office in Dobbs Ferry, New York serves the ZIP Code 10522, which covers the village of Dobbs Ferry.  It is a brick Colonial Revival structure located at the corner of Main and Oak streets, in the downtown section.

Ingleside, Dobbs Ferry: Ingleside is an American country house overlooking the Hudson River in Dobbs Ferry, New York.  It is one of only three survivors of the Gothic Revival "Hudson River castles" built in the mid-nineteenth century, in the now "heavily suburbanized strip" between Riverdale, north of Manhattan, and North Tarrytown.  There were at least eighteen villas with picturesque "manor house" details on this reach of the Hudson, as well as two full-blown châteaux: Strawberry Hill, Irvington (c. 1855) and Glenview, Yonkers (considerably altered, now the Hudson River Museum).  Ingleside was built in 1854-57 for the English immigrant Edwin B. Strange, a silk importer in New York City, who commissioned its design from Alexander Jackson Davis, the pre-eminent American architect of picturesque villas with Gothic Revival detailing.  Much of the original crenellations have been removed over the years, but the stuccoed villa still stands, housing St. Christopher's School, Dobbs Ferry.

Dobbs Ferry, New York: Dobbs Ferry is a village in Westchester County, New York.  The population was 11,093 at the 2016 census.  The Village of Dobbs Ferry is located in, and is a part of, the town of Greenburgh.  The village ZIP code is 10522.  Most of the Village falls into the boundaries of the Dobbs Ferry Union Free School District.

Mercy College (New York): Mercy College (Mercy or Mercy NY) is a private, non-sectarian, non-profit, coeducational research university with its main campus located on 66 acres in Dobbs Ferry, New York, alongside the Hudson River, with additional locations in Manhattan, Bronx and Yorktown Heights.  Mercy College has five schools: Business, Education, Health & Natural Sciences, Liberal Arts and Social & Behavioral Sciences, and offers more than 90 undergraduate and graduate degree and certificate programs.  The university enrolls about 10,000 students.  The student body comes from 43 states and 54 countries.

Supporting paragraphs: Adam Smith University Mercy College (New York)
Answer: Mercy College