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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