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News & Events

05-12-2003

The Campaign For Clarkson Exceeds Goal: $115 Million Raised, One Year Ahead Of Schedule

The Clarkson University Board of Trustees voted at their meeting Saturday to conclude The Campaign for Clarkson on June 30, one year ahead of schedule and well ahead of its goal. To date, The Campaign has raised $115 million, exceeding its goal of $70 million by 65 percent.

Six endowed faculty chairs and an endowed professorship, $1.4 million in scholarship funds available this year to students, and a significant new building on the Clarkson campus are just some of the accomplishments of The Campaign.

“We set an ambitious goal and exceeded it dramatically,” said Charles Trowbridge ‘62, Clarkson trustee and chair of The Campaign for Clarkson. “On behalf of the entire University, I extend my sincere thanks to the alumni, friends, parents and employees who contributed to this campaign. It is because of your willingness to give and your faith in Clarkson’s vision of educating technological leaders that this institution is able to grow and thrive.”

“Clarkson alumni and friends have shown their generosity in this campaign, and as a result have increased the quality and affordability of a Clarkson education,” said President Denny Brown. “I would like to personally thank each and every one of the donors who supported this vision. Future generations of Clarkson students will reap the benefits of your generosity.”

More than 60 percent of the 16,000 donors who contributed to The Campaign are Clarkson alumni.

The Campaign for Clarkson was publicly launched in 1998. With a goal of raising $70 million by June 30, 2004, it was the largest campaign ever attempted by Clarkson. The Campaign sought support for three key areas: consolidate Clarkson on the Hill campus, academic excellence, and support for students (scholarships and financial aid). All of the major campaign objectives were successfully met or surpassed, with these gifts totaling over $75 million. In addition, several new objectives were accomplished, including a gift of $30 million from the Wallace H. Coulter Foundation and a substantial gift of patents from the DuPont Corporation.

With the opening of Bertrand H. Snell Hall in fall 2000, Clarkson accomplished its objective of consolidating all academic programs on the Hill campus. Now residence halls, teaching and research facilities, and faculty offices are all located on the Hill campus, enhancing the collegial spirit of the Clarkson community. Other improvements such as the newly landscaped sandstone entrance, the Deneka Family Fitness Center, and the Adirondack Lodge are wonderful additions to the campus, all funded through The Campaign.

Strategic academic investments supported by campaign gifts, such as the Honors Program, improvements to laboratories, and support for team project-based learning, have strengthened Clarkson’s academic excellence. Evidence for this is seen in recent awards and recognition, including Clarkson’s first-place win in the IBM Linux Scholar Challenge, the Boeing Outstanding Educator Award for engineering education, the School of Business ranking of 13th in the nation for its supply chain management program, and the increasing number of prestigious Goldwater Scholarship award winners on campus.

The Campaign succeeded in endowing six faculty chairs and one professorship, exceeding its goal of four. The chairs funded through generous donations from alumni and foundations are the Egon Matijevic Chair in Chemistry, the Milton Kerker Chair in Colloid Science, the Herman Shulman Chair in Rehabilitation Engineering, the Bayard and Virginia Clarkson Chair in Biology, the Victor K. LaMer Chair in Chemistry, and the Florence and Nicholas Sherby Chair. The Robert R. Hill ’48 Professorship in Mechanical Engineering was also funded.

Financial support for students was a key objective, and this need was met dramatically. Thanks to the generosity of the many donors who recognized the importance of scholarship gifts, the amount of scholarship dollars available each year to Clarkson students has grown by 151% during the campaign to over $1.4 million.

“The success of this campaign is a testament to Clarkson alumni, who – armed with an education that prepares them to be highly effective leaders – embark on their careers and achieve early and dramatic success,” added Trowbridge. “This is a testament to the individuals who know and believe in the value of a Clarkson education. And this is a testament to the corporations and foundations that recognize that an investment in Clarkson yields a steady stream of talented graduates and continuing research innovation.”

President Brown, who spent much of his final year as president visiting alumni, parents and friends around the United States and Canada, added: “It has been extremely rewarding to be on the road during this past year, meeting donors and alumni, seeing the pride they have in how their gifts have been put to use at Clarkson. I am grateful to the many people who contributed to making The Campaign for Clarkson such a resounding success.”

[News directors and editors: For more information, contact Michael P. Griffin, director of News & Digital Content Services, at 315-268-6716 or mgriffin@clarkson.edu.]

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