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ENT FrOzEN IN TIME<br />

Student Senate President Kevin Randall ’08 presents a check for $20,000<br />

from the student body to Campaign Steering Committee Chairman Gene<br />

Henderson ’68. Henderson announced that $55 million had already been<br />

raised toward the $80 million campaign goal, including $1.5 million from<br />

faculty and staff.<br />

This vision can become a<br />

reality through a successful<br />

Defining Moment campaign.”<br />

Defining Moment: The<br />

Campaign for <strong>Coe</strong> has four<br />

primary areas of focus. Most<br />

important among these, <strong>Coe</strong><br />

seeks to increase the size of its<br />

endowment. Additionally, the<br />

college plans to enlarge and<br />

improve its science facilities,<br />

expand the campus space<br />

available for athletics and<br />

recreation, and promote the<br />

continuing growth of the <strong>Coe</strong><br />

Fund.<br />

“All of these priorities serve<br />

the overarching purpose<br />

<strong>Coe</strong> <strong>College</strong> Courier<br />

of the Defining Moment<br />

Campaign: to achieve a<br />

level of academic excellence<br />

at <strong>Coe</strong> unparalleled in the<br />

institution’s history, and to set<br />

<strong>Coe</strong> apart from colleges with<br />

which it presently competes,”<br />

concluded Phifer.<br />

More detailed information<br />

concerning the major<br />

campaign elements is as<br />

follows:<br />

Endowment Enhancement<br />

Goal: $45 million<br />

<strong>Coe</strong> <strong>College</strong> has long provided<br />

a quality of education compar-<br />

able to academic institutions<br />

President James Phifer was accompanied at the Defining Moment Campaign<br />

kickoff by daughter Tamsyn, wife Linnie, and daughter Trystan O’Leary.<br />

with endowments many times<br />

the size of <strong>Coe</strong>’s. Now, thanks<br />

in large measure to the Clark<br />

gift, <strong>Coe</strong>’s financial situation<br />

is the most stable it has been<br />

in 155 years, and the moment<br />

is at hand for the college to<br />

realize its vision of achieving<br />

a higher level of academic<br />

excellence. To do this, <strong>Coe</strong> must<br />

strengthen its endowment.<br />

Simply put, endowment gifts<br />

to <strong>Coe</strong> become investments<br />

that are held in perpetuity,<br />

with the money earned from<br />

the investments used to support<br />

the college’s many programs.<br />

A strong endowment provides<br />

recurring income that can<br />

benefit all aspects of the college,<br />

sustaining and supporting every<br />

effort it undertakes. Such<br />

income is a permanent source<br />

of funding that enriches<br />

teaching, learning and<br />

research. Endowed funds<br />

allow the college to hire and<br />

retain an outstanding faculty,<br />

provide essential scholarship<br />

support for students, and<br />

expand research, travel and<br />

foreign study opportunities<br />

for all members of the<br />

academic community.<br />

Gifts to the endowment offer<br />

donors the unique and<br />

important benefit of being<br />

able to touch the lives of<br />

students and faculty yet unborn.<br />

Further, an endowment gift<br />

honors publicly the name<br />

of the donor — or that of<br />

a family member, friend or<br />

beloved professor. A large and<br />

growing endowment is the<br />

engine that powers an insti-<br />

tution, and building such an<br />

endowment at <strong>Coe</strong> is the most<br />

important goal of the campaign.<br />

Peterson Hall of Science<br />

Goal: $16 million<br />

Peterson Hall, which houses<br />

the departments of biology,<br />

chemistry and physics, was<br />

built in the 1960s. As a 40-<br />

year-old building, Peterson is<br />

21<br />

www.coe.edu

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