A List 8/30/04 SLU RECEIVES $16.6 MILLION IN GIFTS, GRANTS IN 2003-04 CANTON – Gifts and grants to St. Lawrence University totaled $16.6 million in fiscal year 2003-2004 (ending June 30, 2004), from private and public sources. The University's annual giving program, the St. Lawrence Fund, grew markedly in both the total amount raised and participation, increasing 11 percent from $3.8 million in 2002-03 to $4.2 million this year, a new record for the Fund. The number of total donors to the St. Lawrence Fund also increased, by 6 percent, to 7,646. Alumni giving to the Fund increased by 11 percent, with alumni participation increasing from 31 percent to 34 percent. In addition, leadership giving – gifts of $1,000 and over – to the Fund increased by 16 percent in the amount raised, and by 11 percent in the number of donors at that level. Other highlights of the year included: - The State of New York made grants of $1 million each to the Newell Field House project and the Student Center Project. - From William Crombie and Jill Kale Crombie, both class of '69, $500,000 to establish a scholarship endowment for international students with preference to qualified students from Canada. - From Jonathon and Ingrid Hodges, parents of Jonathon '06, $102,890 to assist with the renovation of the arts facilities in the Edward John Noble University Center. - From Marjorie W. Longley '47, her apartment in New York City valued at $1,400,000, to create the Marjorie Watters Longley '47 Student Leadership Suite in the new Student Center, and to support the Clarence Gaines Scholarship Endowment, awarded to an English major, and the Akwesasne Scholarship Endowment, awarded to a Mohawk student from the Akwesasne Reservation. - From the ConAgra Foods Foundation in Omaha, Nebraska, $250,000 towards a total $1,000,000 pledge to the Philip B. Fletcher '54 Memorial Scholarship Fund, honoring former ConAgra Chairman Philip Fletcher. The scholarship is awarded to talented students from the North Country, with preference to students from Fletcher's hometown of Carthage. - From the Andrew W. Mellon Foundation in New York City, $250,000 for the ConnectNY project, enabling campus and community users of the University's library systems to borrow books directly from the collections of Colgate University, Vassar College, Rensselaer and Rochester Institute of Technology. Much faster than the traditional interlibrary loan process, borrowed books from one of these off-site collections are usually available within 48 hours. - From the Association of American Colleges and Universities, $5,500 as part of its project "Journey Towards Democracy: Power, Voice, and the Public Good." The St. Lawrence project was entitled "The Regional Newspaper as Civic Engagement: Local, National and Global," and hosted a series of campus discussions with University students and diverse representatives from the local community to participate, through more deliberative dialogue, in a critical analysis of local issues as reported in The Watertown Daily Times. The University has raised $25.6 million to date from private and state grants for Phase One of its science facilities project. Coupled with a $10 million bond issue designated for this purpose by the University, $35.6 million in resources has been secured for this project, toward the required total of $44.1 million. The total includes $35.6 million for construction and $8.5 million in endowment funds St. Lawrence is requiring to ensure funding for the future use of the facility. The University hopes to raise the additional $8.5 million required before the spring of 2005 in order to begin construction at that time. President Daniel F. Sullivan stated, "I am strongly encouraged by the fund-raising results for the past year, particularly the increase in the St. Lawrence Fund. This gives us reason to be very positive about the coming year, and I am very grateful to the hundreds of trustee, alumni and parent donors and volunteers who make all of this happen." Vice President for University Advancement Michael P. Archibald commented, "This year was a success for St. Lawrence in fund-raising. We maintained a high level of total giving after the conclusion of Campaign St. Lawrence, much higher than the $5 to $8 million totals in years prior to the Campaign's beginning in 1997. This year, the base of support grew, with over 500 new alumni donors to the St. Lawrence Fund. We are optimistic about our future as we endeavor to complete major upcoming academic facilities initiatives in the sciences and the arts, and work on building the University's endowment fund to an even more competitive level." In the previous fiscal year, the University's gifts and grants came to $18.2 million. The decrease is due to the fact that Campaign St. Lawrence was concluded in 2002-03, and this year saw fewer gifts from bequests (individuals leaving will provisions for St. Lawrence in their estates).-30- Back To News Releases Back to St. Lawrence Homepage