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Through strategic investments that preserve and grow the College’s core programs, the endowment will provide Bennington with both surety and flexibility. BENNINGTON — Bennington College on Thursday announced its largest-ever capital campaign of $150 million to support five priorities for the college, including financial aid and campus renewal, and revealed that is already more than halfway to its goal. Current use gifts can be made at any level, starting at $1! The significantly expanded endowment will provide a stable and perpetual source of funding to support Bennington's distinctive pedagogy, and it will ensure that the worldâs most innovative thinkers and makers are able to push new boundaries.The campus renewal that is under way at Bennington will transform how our students learn, strengthen the infrastructure that supports health and wellness on campus, and will deepen the Collegeâs ability to strategically invest in the kind of education that builds capacity for agents of change.
"[A capital campaign] enables you to make hopefully, large-scale, targeted investments in major priorities for the future of the college, and the community. That effort closed in 2009.The college intends to establish a $100 million endowment in support of the five priorities of its capital campaign: financial aid, field work term, public action, campus renewal and the Bennington Writing Seminars, according to a release issued by the college Thursday. The college intends to establish a $100 million endowment in support of the five priorities of its capital campaign: financial aid, field work term, public action, campus renewal and the Bennington Writing Seminars, according to a release issued by the college Thursday. "To really understand where the needs are, in relation to the goals that we have," she said.Besides supporting the endowment, funds from the capital campaign would go to "current use" needs in relation to the campaign's priorities.The college's broader financial health overall is "very solid," Silver said. Bennington College has announced its largest-ever capital campaign, with a goal of $150 million. We will build this essential resource in a way that honors Bennington's unique history and pioneering culture. "It's not a one and done sort of thing," Silver said. You can support one studentâs Field Work Term internship with a gift of $3,000. "Silver said she anticipates the campaign will not be "all that different" in length from an average capital campaign — between six and eight years in total.The college has already raised $78.5 million, more than half of its goal, over the course of about four years, Silver said.The last capital campaign, which coincided with the college's 75th anniversary, raised $92 million against a goal of $75 million. The significantly expanded endowment will provide a stable and perpetual source of funding to support Bennington's distinctive pedagogy, and it will ensure that the world’s most innovative thinkers and makers are able to push new boundaries. Through strategic investments that preserve and grow the Collegeâs core programs, the endowment will provide Bennington with both surety and flexibility. One of the most critical ambitions of the campaign is our aim to reach $100 million in endowed funds â representing the greatest expansion of the endowment in Bennington's history. "It's clear from looking around the country and even looking around our own neighborhood that these are vital times for colleges and universities around the country, and particularly for small liberal arts colleges," college president Mariko Silver said in an interview.
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