Campaign St. Lawrence Total


MEMORANDUM

TO:      St. Lawrence Faculty and Staff

FROM:	 President Daniel F. Sullivan '65, 
Campaign St. Lawrence Chair Bruce W. Benedict '60, and 
Board of Trustees Chair Lawrence J. Winston '60

SUBJECT: Campaign St. Lawrence Total 

DATE:	January 20, 2003


We are greatly pleased -- indeed, privileged -- to announce today 
that on December 31, 2002, Campaign St. Lawrence exceeded its goal 
with $132,175,669 in gifts received and pledges made, payable by 
the end of 2005.  We express deepest thanks to our trustee colleagues 
and the alumni, parents, friends, foundations and corporations 
who contributed to the most successful fund raising effort in the 
University's history.

With a master plan of academic, co-curricular and facilities initiatives 
to guide our conversations with prospective donors, we explained our 
needs, and literally thousands of donors responded with historic generosity.  
Our goal, as you may remember, was $130 million, established three years 
ago after we achieved our initial goal of $75 million one year early. 
The Campaign includes most gifts to the University given July 1, 1994 
through December 31, 2002.  Additionally, it includes a few lead gifts 
committed before 1994.

Of the $132.2 million in the Campaign total, $88.8 million has been 
received and put to use-to support the operating budget, fund special 
programs, add to our endowment, and to support the facilities renovation 
and construction program on which we have embarked.  Another $27.9 million 
is made up of life income gifts and irrevocable bequests. The University 
will receive the majority of these gifts through the donors' estates.  
An additional $15.5 million is pledged for payment by the end of 2005.  

It is due to the generosity of many that we have reached our goal. Here 
is a breakdown by source of gifts: $88.6 million from alumni, $13.5 million 
from current parents and parents of alumni; $15 million from friends 
of the University; $2.5 million from corporations; $11.1 million from 
foundations; and, $1.5 million from organizations. Of special note is 
the strong level of philanthropy from our fellow trustees and trustees 
emeriti (most of whom are alumni but also include parents and friends). 
From within the totals above, these University leaders donated 
$35,640,800 to Campaign St. Lawrence. 

The Campaign includes gifts and pledges totaling $21.1 million in support 
of facilities, and $38.3 million in support of the endowment, in addition 
to unrestricted and restricted gifts for other purposes.

Gifts to the Campaign touch every aspect of our mission.  In the academic 
area we are grateful for gifts that have endowed six professorships; have 
enabled us to renovate Owen D. Young Library and the Launders Science 
Library and Computing Center; and have established programs such as the 
University Fellowships for student/faculty summer research, the Integrated 
Science Education Initiative (ISEI), and the global studies major. 
Complementing the academic mission, gifts to student life programs, 
and for renovation and construction of residential and athletic facilities 
enhance our students' education as well.  And of course, hundreds of 
students attend St. Lawrence on scholarships because of gifts to Campaign 
St. Lawrence.  Much has been accomplished through the Campaign and 
more will still be done with these funds. 

When the campaign was initiated, St. Lawrence chose to follow the Council 
for Advancement and Support of Education's Management and Reporting 
standards for campaign counting.  It's important to note that we count 
only private, not public, support in our totals. We are, of course, deeply 
grateful that in addition to the private support cited above, which is 
only what we have counted in the campaign, we have received in excess of 
$8.5 million in public grants and commitments in large part due to the 
efforts of University Trustee and former New York State Senator Ronald 
B. Stafford '57.  We once again acknowledge his leadership.

In April, we will publish the final edition of the New Light Campaign 
newsletter, sharing the full array of gifts and grants that comprise 
Campaign St. Lawrence. 

At a time like this, we think about the collective efforts of so many 
people who share our vision, who have worked with energy, creativity 
and passion to make our vision a reality, and who have made meaningful 
commitments to St. Lawrence. We'll have the chance, with an all-campus 
event on Friday, February 21, to express our thanks in personal and 
tangible ways. You will receive an invitation to this event very shortly. 
Let this memo begin our expression of gratitude to you. Thank you, most 
warmly, for all you do to make St. Lawrence the institution worthy of 
such trust and for the gifts that many, many of you made to the Campaign. 

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