Posted on Sep 8, 1997
Schenectady, N.Y. (Sept. 8, 1997) Union College has successfully concluded its $150 million Bicentennial Campaign, one of the largest fundraising efforts ever undertaken by a liberal arts college.
The campaign, announced publicly in April, 1991, received gifts and commitments totaling $151,135,150.
The successful conclusion of the campaign was announced today by President Roger H. Hull at a convocation opening the College's 203rd year.
“The promise of Union's future is to build upon its past achievements,” Hull said. “To do that, we must have the resources that make a college great — superb faculty, innovative academic programs, motivated students, and first-rate facilities. The success of this campaign helps us in each area and gives enormous impetus as we enter our third century of service.”
During the campaign, the College's endowment (its permanent property and funds) increased from $80 million to $200 million.
President Hull said the true value of the campaign is measured in more than just dollars and cents. “We are delighted by the numerical accomplishments, but the real success story is how they are translated into improvements for our students, our faculty, and our campus,” he said. “Fortunately, the list of improvements is a long one.”
The president cited a number of examples of how the campaign has helped Union:
— The number of endowed chairs has increased to twenty-seven.
— International study programs have been added in Brazil, Bulgaria, Costa Rica, the Czech Republic, India, Kenya, Korea, Poland, Puerto Rico, Wales, and Zimbabwe. Union is among the top dozen colleges in the country in the percentage of students who study abroad.
— The College's engineering curriculum has been redesigned, thanks to a $750,000 grant from the General Electric Foundation.
— Schaffer Library is undergoing an $18 million renovation and expansion that will increase its size from 65,000 to 98,000 square feet. The new library is designed and equipped to provide faculty and students with the swiftest possible access to information from around the world.
— An $11 million restoration of the Nott Memorial has transformed it into a spectacular center for meetings, exhibitions, and study.
— The F.W. Olin Center, a high-technology classroom and laboratory building, is under construction, thanks to a $9 million gift from the F.W. Olin Foundation, of New York City.
– The Morton and Helen Yulman Theater opened, adding not only a theater but an actors' lab, a scene shop, a design and drafting lab, and a costume shop.
— Improvements were made to such important buildings as the Reamer Campus Center, Feigenbaum Hall (the administration building), and Memorial Chapel, where projects totalling more than $1 million ranged from repairing the roof and cupola to restoring the interior.
— Endowed scholarships funds dramatically increased. Union now has 320 endowed scholarships, of which 128 were added during the campaign; they make up 13.8 percent of the College's institutional financial aid program.
— The College's research facilities were enhanced through a number of gifts ranging from an advanced multipurpose laboratory for optical spectroscopy to a new greenhouse.
— An endowment to provide for the upkeep and preservation of Jackson's Garden, the College's eight acres of formal gardens and woodland, was established.
— The Chester Arthur Undergraduate Support of Excellence (CAUSE) Program was introduced. Named after the twenty-first president of the United States and the founder of the Civil Service Commission, CAUSE provides loans to students that are canceled at a rate of twenty percent for each year graduates engage in public service, broadly defined.
The Bicentennial Campaign received 23,362 gifts from individuals, including 370 of $25,000 or more. There were 28 gifts of $1 million or more. Major gifts from corporations and foundations included several challenge grants, in which foundation gifts had to be matched by alumni and friends. In every case, the challenge was met.
Other grants included $2 million from the Schaffer Foundation, of Schenectady, for the renovation and expansion of the library; two grants totalling $350,000 from the Schenectady Foundation to support the Nott Memorial and library projects; and a $191,000 grant from the General Electric Fund to establish the Union College Teaching and Learning Center, designed to provide new skills to teachers in the fifth through ninth grades.
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