Scholarships:
($30,000 and up)
With more than 69% of our students receiving need-based
aid (over 1,000 students each year), the number of grants
we make far exceeds the number of scholarships we hold.
A gift of $30,000 or more will establish an endowed scholarship
fund which will yield approximately $2,000 or more in scholarship
support each year. This support could be a significant
portion of the grant component of a financial aid package
for many of our students whose levels of need are relatively
modest.
Endowed Library Funds: ($10,000 and up)
And endowed library fund may be established with a gift
of $10,000 or more. The income earned on such a fund will
purchase at least 15 books a year.
Endowed Lecture Fund: ($150,000 and up)
A gift of $150,000 or more would establish an endowed
fund to underwrite the appearance on campus of prominent
speakers or guest soloists.
Capital Needs and Academic Programs: ($100,000 and
up)
Income from these funds would be used to meet equipment
needs or the needs of a specific program on campus. Such
funds, once established, would be administered at the discretion
of the College’s Board of Trustees.
Visiting Scholars: ($850,000 to $1,000,000)
A gift of $850,000 to $1,000,000 allows the College to
bring to campus promising young scholars to address particular
departmental or curricular needs and to serve as leave
replacement for members of the faculty. In most cases,
an assistant or associate professor will occupy such a
position.
Professorships: ($1,500,000)
An endowed chair can be established with a gift of $1,500,000.
The annual income earned on this gift is enough to pay
a senior faculty member’s salary and benefits while
also factoring in growth at or above the rate of inflation.
An additional gift of $100,000 to $500,000 would establish
an endowed fund to be used in support of the professor’s
research or an educational program associated with the
chair.
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