OBERLIN — Oberlin College has launched its largest campaign initiative to date, already raising $143 million in a $250 million seven-year fundraising effort.
During the nonpublic portion of the Oberlin Illuminate campaign, gifts by individuals of $1 million or more raised a total of more than $80 million — surpassing gifts of this size during the entire duration of Oberlin’s last campaign that ended in 2004, according to a news release.
Bill Barlow, vice president of development and alumni affairs, said donors have been “extremely generous” so far. The largest donation made to the school was by a donor who gave $12.5 million, he said.
“We’re very excited on how far we’ve come on this campaign, given the current environment and economic challenges,” he said.
Barlow said even though Oberlin College’s tuition is more than $50,000 a year, about 30 percent of students actually pay the entire amount — most, he said, receive scholarships or financial aid. The money will benefit not only students and faculty but the community.
“This campaign is about investing in the future of the college,” he said.
For more information on the fundraising effort or to donate, visit http://campaign.oberlin.edu.
Donors can also contact the Office of Development by calling the toll-free number or email listed on the website.
The campaign is headed by an executive committee of Oberlin College alumni — co-chairs Patricia Fabry Shanks, 1963; Chesley Maddox-Dorsey, 1981 and Harlan Waksal, 1975; as well as Clyde McGregor, chair of the Board of Trustees, 1974; Alan Wurtzel, chair of the Development and Alumni Affairs Committee, 1955; and Oberlin College President Marvin Krislov.
Funds raised by the campaign will be set aside for the following:
- $90 million for scholarships.
- $35 million to faculty and faculty-student experience.
- $40 million for curricular and co-curricular innovation.
- $20 million to the Green Arts District.
- $15 million to physical and emotional health and wellness.
- $30 million to Oberlin annual giving.
- $20 million for the Bertram and Judith Kohl Building, home to one of the nation’s top jazz programs.
Contact Chelsea Miller at 329-7123 or firstname.lastname@example.org.