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College at Oneonta News

July 18, 2007
 
SUNY-ONEONTA CAMPAIGN CONCLUDES; RAISES OVER $12 MILLION
 

ONEONTA, N.Y. -- Changing Lives Since 1889--the five-year campaign for the SUNY College at Oneonta--concluded on June 30, having raised a record $12,035,451 in charitable gifts, grants, and written commitments from donors. Chaired by SUNY-Oneonta alumni Sheila and Robert Striffler of the Class of 1972, the comprehensive campaign far exceeded its goal of $10 million and helped increase the College's endowment from $17.1 million at the campaign's start to over $31 million at its conclusion.

Changing Lives Since 1889 focused on four priorities--scholarships, science programs, the Milne Library, and unrestricted endowment--all of which received strong support from donors. Over 19.1% of SUNY-Oneonta alumni made gifts to the College in the 2006-07 fiscal year. That rate is the highest among the SUNY colleges, which average 9.3%, and fourth-highest nationally among four-year public colleges, which average 6.6%, according to the 2006 publication Voluntary Support of Education.

Paul J. Adamo, Vice President for College Advancement and Executive Director of the College at Oneonta Foundation, commented on the success of the campaign: "Our volunteer leaders, alumni, faculty and staff, students, and friends all made important contributions to the campaign. We're extremely pleased that people recognize the importance of supporting the College and of providing opportunities for future generations of deserving students."

Adamo cited a number of statistical measures that demonstrate the success of the campaign:

  • During the campaign, 63 new scholarships were established at the College, and the average gift for establishing a new scholarship exceeded $32,000. In the past fiscal year, the College made nearly 900 scholarship awards to students with a total value of approximately $1.5 million. At the beginning of the campaign, the College provided approximately $830,000 to students through 530 scholarship awards.
     
  • Gifts to the College in 2006-07 totaled over $3.05 million. That figure, a record for the College, represents an increase of 44% over fiscal year 2005-06, when SUNY-Oneonta received just over $2.12 million.
     
  • Faculty and staff giving at SUNY-Oneonta also reached an all-time high in 2006-07. Gifts from current and retired faculty and staff totaled $195,646, an increase of 92% over the previous fiscal year.
     
  • The College's unrestricted endowment--used to provide funds for student and faculty research, endowed lectureships, the Fund for Academic Excellence, campus beautification, and other programs--now totals over $6.6 million, or 22% of the overall endowment. At the start of the campaign, it totaled $2 million, or 14% of the overall endowment.
The Changing Lives Since 1889 campaign was coordinated through the College at Oneonta Foundation, a non-profit organization that facilitates charitable giving to the College and manages the College's endowment. Established in 1982, the Foundation uses sound fiscal policies to invest and allocate assets. Campaign co-chair Sheila Striffler of New Canaan, Connecticut, was recently elected as President of the Foundation Board of Directors, succeeding Kenneth Kellerhouse of Oneonta. Also elected as officers were Vice President William Pietraface of Oneonta and Secretary Jean Hickey of Oneonta.

More information about the Changing Lives Since 1889 campaign and the College at Oneonta Foundation is available from Paul J. Adamo at (607) 436-2535.

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For more information about the College, please call the Community Relations Office at (607) 436-2748 or send e-mail to Carol Blazina, Vice President for Community Relations.
   
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