Endowment Growth
Over the last quarter century, the Colleges have experienced a transformational period of endowment growth. In 1980, our endowment was $8.3 million; today that number exceeds $163 million. Through careful stewardship and gifts to the endowment in support of the campaign, we aspire to conclude Campaign for the Colleges with an endowment that exceeds $200 million. While we are experiencing good success against that target, we have important work ahead.

Of the campaign’s $160 million goal, $65 million is sought for endowment. Endowed funds provide scholarship assistance for deserving students and underwrite important internship, research and leadership opportunities that will prepare our students for their time after Hobart and William Smith. Campaign for the Colleges is seeking to secure endowment funds that will assist our many signature academic and co-curricular programs such as the Finger Lakes Institute, the Honors Program, and the summer research program. An endowed professorship is perhaps the most noteworthy reward that a faculty member can receive from his or her institution. A more robust endowment will enable the Colleges to advance their standing among the top liberal arts institutions in the nation.

Remaining Objectives
The Fund for Hobart and William Smith

• Reach $3 million per year for annual giving by 2010
• Raise the percentage of alumni and alumnae giving

Endowment

• Increase the endowment to $200 million
• Create more endowed professorships to reward exceptional faculty
• Underwrite more scholarships and internships for deserving students
• Augment tuition income to help meet the expenses of the personalized instruction that distinguishes Hobart and William Smith among the finest liberal arts colleges
  

Facilities

• Renovate and expand Scandling Center ($15 million)
• Create a new performing arts center ($18 million)
• Establish the Centennial for Leadership ($1.5 million)
• Enhance and expand athletics and recreational facilities ($8 million)
• Preserve our campus heritage ($5 million)
• Upgrade information technology campus-wide ($5 million)

Facilities Recently Completed*

• Admissions Center renovation ($1 million)
• Bozzuto Boathouse and lakefront enhancement ($0.25 million)
• Finger Lakes Institute ($1 million)
• The Katherine D. Elliott Studio Arts Center construction and the Goldstein Family Carriage House expansion and renovation ($3.75 million)
• McCooey Field all-season turf field complex ($1 million)
• Salisbury at Trinity Hall renovation ($2.5 million)
• Stern Hall ($6.5 million)
  

*Completed with support from advance gifts to the campaign.