Becoming the national leader in experiential ... - Keuka College
Becoming the national leader in experiential ... - Keuka College
Becoming the national leader in experiential ... - Keuka College
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Advanc<strong>in</strong>g <strong>the</strong> Mission<br />
of <strong>Keuka</strong> <strong>College</strong><br />
By Fran Crovetti, Executive Director of Development & Gift Plann<strong>in</strong>g<br />
hrough <strong>the</strong> years, alumni, parents<br />
and friends of <strong>the</strong> <strong>College</strong> have<br />
demonstrated <strong>the</strong>ir generosity <strong>in</strong> many<br />
ways.<br />
In 1888, Rev. Dr. George Harvey<br />
Ball purchased <strong>the</strong> farmland on which<br />
<strong>Keuka</strong> <strong>College</strong> now sits for $15,751. He<br />
and a committee consist<strong>in</strong>g largely of<br />
m<strong>in</strong>isters <strong>the</strong>n set out to raise <strong>the</strong><br />
$50,000 necessary to establish <strong>the</strong><br />
<strong>College</strong> by <strong>the</strong> sale of lots and by solicit<strong>in</strong>g<br />
funds and donated labor from<br />
local residents.<br />
What Ball had <strong>in</strong> m<strong>in</strong>d was not an<br />
elite <strong>in</strong>stitute cater<strong>in</strong>g to <strong>the</strong> needs of<br />
students who could afford overpriced<br />
tuition and luxurious facilities. In fact, a<br />
brochure published one year after<br />
<strong>Keuka</strong>’s found<strong>in</strong>g <strong>in</strong> 1890 describes <strong>the</strong><br />
<strong>College</strong>’s purpose:<br />
“The <strong>College</strong> is, pre-em<strong>in</strong>ently for<br />
<strong>the</strong> common people…With ample<br />
endowment, it will raise an army of<br />
country people from comparative ignorance<br />
and consequent weakness to superior<br />
men and women who shall br<strong>in</strong>g<br />
strength to <strong>the</strong> nation and help to<br />
humanity.”<br />
It certa<strong>in</strong>ly would have been simpler<br />
and easier for Ball to create <strong>the</strong> k<strong>in</strong>d of<br />
<strong>in</strong>stitution that didn’t need to balance<br />
<strong>the</strong> cost of operations aga<strong>in</strong>st <strong>the</strong> ability<br />
of students to pay for <strong>the</strong>ir education.<br />
But he had a much loftier goal.And perhaps<br />
<strong>the</strong> greatest testament to Ball’s orig<strong>in</strong>al<br />
vision for <strong>Keuka</strong> is that <strong>the</strong> <strong>College</strong><br />
is still, more than 110 years later, fulfill<strong>in</strong>g<br />
<strong>the</strong> same purpose.Today’s <strong>Keuka</strong> graduates,<br />
most from rural communities and<br />
families of modest means, are “br<strong>in</strong>g<strong>in</strong>g<br />
strength to <strong>the</strong> nation and help to<br />
humanity” <strong>in</strong> large numbers as teachers,<br />
nurses, occupational <strong>the</strong>rapists, bus<strong>in</strong>ess<br />
people, scientists, and social workers.<br />
Today, gifts to <strong>the</strong> <strong>College</strong>, much<br />
like <strong>the</strong> gifts of a century ago, enable<br />
<strong>Keuka</strong> to cont<strong>in</strong>ue to fulfill its mission,<br />
provid<strong>in</strong>g a high-quality education to all<br />
deserv<strong>in</strong>g students, regardless of economic<br />
need.<br />
The Shap<strong>in</strong>g <strong>the</strong> Future:<br />
One Graduate at a<br />
Time Campaign<br />
In 1996, <strong>the</strong> <strong>College</strong> set out to raise<br />
$25 million <strong>in</strong> gifts and pledges. On<br />
June 30, 2002, campaign chair Es<strong>the</strong>r<br />
Yoder ’60 announced that a recordbreak<strong>in</strong>g<br />
$25.615 million had been<br />
raised. Literally, thousands of gifts were<br />
made toward <strong>the</strong> achievement of this<br />
goal. In addition, more than 50 percent<br />
of <strong>Keuka</strong> <strong>College</strong> alumni stood up and<br />
were counted on <strong>the</strong> gift rolls.<br />
What’s Next?<br />
Although <strong>the</strong> <strong>College</strong> surpassed its<br />
capital campaign goal, not all of <strong>the</strong><br />
objectives were met. Ongo<strong>in</strong>g f<strong>in</strong>ancial<br />
challenges, <strong>in</strong>clud<strong>in</strong>g <strong>Keuka</strong>’s cont<strong>in</strong>u<strong>in</strong>g<br />
need to supply sufficient scholarship aid<br />
to students and <strong>the</strong> effects of Sept. 11<br />
on both donor and foundation giv<strong>in</strong>g,<br />
have resulted <strong>in</strong> more donor funds<br />
be<strong>in</strong>g directed toward operat<strong>in</strong>g expenses<br />
and less fund<strong>in</strong>g be<strong>in</strong>g made available<br />
for capital projects, <strong>in</strong>clud<strong>in</strong>g a new Ball<br />
Hall. In addition, <strong>Keuka</strong> fell short of its<br />
endowment goal.<br />
Therefore, <strong>the</strong> current fund-rais<strong>in</strong>g<br />
plan has two objectives: to cont<strong>in</strong>ue to<br />
support <strong>the</strong> annual budget and student<br />
aid through gifts to <strong>the</strong> <strong>Keuka</strong> Fund and<br />
to build <strong>the</strong> <strong>College</strong>’s endowment<br />
through current and deferred major<br />
gifts.<br />
KEUKA MAGAZINE 12 WINTER 2003<br />
Gift Opportunities<br />
A gift to <strong>Keuka</strong> <strong>College</strong> may be<br />
made <strong>in</strong> three ways. First, by giv<strong>in</strong>g to<br />
<strong>the</strong> <strong>Keuka</strong> Fund, you will support both<br />
<strong>the</strong> annual operat<strong>in</strong>g budget and student<br />
scholarship aid. Second, a “major gift”<br />
may be restricted for a specific purpose<br />
and paid over a period of three to five<br />
years. F<strong>in</strong>ally, <strong>the</strong> deferred-giv<strong>in</strong>g program<br />
encourages donors to consider<br />
<strong>in</strong>clud<strong>in</strong>g <strong>the</strong> <strong>College</strong> <strong>in</strong> <strong>the</strong>ir estate<br />
plann<strong>in</strong>g. Deferred gifts may come <strong>in</strong><br />
<strong>the</strong> form of an annuity or a trust, or, as<br />
<strong>in</strong> <strong>the</strong> case of many donors, <strong>in</strong> <strong>the</strong> form<br />
of an outright bequest.<br />
The <strong>Keuka</strong> Fund —<br />
At <strong>the</strong> Heart of it All<br />
The <strong>Keuka</strong> Fund is designed to support<br />
<strong>Keuka</strong> <strong>College</strong> by provid<strong>in</strong>g unrestricted<br />
gifts for annual operat<strong>in</strong>g<br />
expenses, <strong>in</strong>clud<strong>in</strong>g student aid and<br />
scholarships, technology and academic<br />
materials.The <strong>Keuka</strong> Fund benefits from<br />
<strong>the</strong> participation of alumni, parents,<br />
trustees, employees, bus<strong>in</strong>esses, foundations,<br />
churches and o<strong>the</strong>r friends of <strong>the</strong><br />
<strong>College</strong>.<br />
The world may have changed dramatically,<br />
but <strong>Keuka</strong> <strong>College</strong> is still committed<br />
to its mission of provid<strong>in</strong>g an<br />
education uniquely grounded <strong>in</strong> values,<br />
life experience, and service, and is still<br />
count<strong>in</strong>g on you.Through your contributions<br />
to <strong>the</strong> <strong>Keuka</strong> Fund, you help to<br />
cont<strong>in</strong>ue a history of excellence, to<br />
establish an even stronger learn<strong>in</strong>g environment,<br />
and to fulfill a future of promise<br />
for deserv<strong>in</strong>g students.<br />
(For your convenience a pre-addressed return envelope<br />
has been <strong>in</strong>cluded <strong>in</strong> this issue of <strong>Keuka</strong> magaz<strong>in</strong>e.)