CLAREMONT, Calif., March 17 /PRNewswire-USNewswire/ -- Claremont
McKenna College today announced a campaign to raise $600 million by 2012,
the largest campaign ever initiated by a liberal arts institution. The
Campaign for Claremont McKenna will support faculty and students, improve
the College's facilities, establish the Robert Day Scholars Program, and
support operations through The Fund for CMC.
"This is an historic campaign launching in the tradition of Claremont
McKenna College-boldly and with impact," said President Pamela B. Gann.
The campaign kicked off today in Los Angeles at the Skirball Center,
followed over the next four days with events in Washington, D.C., New York,
Chicago, Seattle, Silicon Valley, San Francisco, and San Diego. Additional
events will take place in Singapore and Hong Kong later this month, London
in May, and additional U.S. cities this fall.
The Campaign for Claremont McKenna calls for commitments in five
-- $110 million for students: need-based financial aid and merit
scholarships, internships, research, speaker series, and other
-- $110 million for faculty: chairs, research, and new curricula
-- $100 million for facilities: new buildings, renovations, and master
-- $200 million for the Robert Day Scholars Program
-- $80 million for The Fund for CMC: operating costs
Gifts already totaling $425 million include the largest donation ever
received by a liberal arts college: Alumnus, Trustee, and Honorary Campaign
Co-Chair Robert Day, chairman of the Trust Company of the West, provided a
visionary gift of $200 million for the Robert Day Scholars Program, a
unique undergraduate and graduate finance program that combines a rigorous
curriculum with a rich co-curricular component.
In addition to Day, Honorary Co-Chairs include alumni Henry R. Kravis
and George Roberts, co-founders of Kohlberg Kravis Roberts & Co., and
President Emeritus Jack L. Stark.
Co-chairs of the Campaign for Claremont McKenna are alumni and Trustees
E. David Hetz and Thomas M. Mitchell. The Steering Committee includes
alumni, parents, and Trustees Peter K. Barker, retired Partner, Goldman
Sachs & Co.; Harry T. McMahon, Vice Chairman, Merrill Lynch & Co.; Gary E.
Biszantz, President and Owner, Cobra Farms; A. Steven Crown, General
Partner, Henry Crown and Co.; Laura M. Grisolano, President of the CMC
Alumni Association; Thomas C. Leppert, Mayor of Dallas; David G. Mgrublian,
CEO and Partner, IDS Real Estate; and Kenneth M. Novack, Chairman,
Schnitzer Steel. President Gann; Trustee Barbara J. Wallace Boswell; and
alumnus and parent Jeffrey S. Klein, Chairman of the Board of Directors,
1105 Media, also serve on the Committee.
About Claremont McKenna College
With enrollment of 1,150, Claremont McKenna College is a highly
selective independent liberal arts college educating leaders in business,
the professions, and public affairs. A member of The Claremont Colleges,
CMC is consistently ranked among the nation's top liberal arts colleges.
Visit www.claremontmckenna.edu for more information about CMC.
SOURCE Claremont McKenna College