RESILIENCE I M PAC T 2 02 1
Continue to stay up-to-date on your investment with Hamilton by visiting hamilton.edu/impact2021.
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F I N A N C I A L A I D
LETTER FROM THE CHAIRMAN EMERITUS
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ADMISSION AND FINANCIAL AID
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NAVIGATING CHANGE
12
ADVANCEMENT 24 ACADEMICS 34 SUPPORTING STUDENT OUTCOMES
38
LETTER FROM THE CHAIRMAN
47
GLOSSARY AND NOTES
48
COVER IMAGE BY BOB HANDELMAN
I M PAC T 2 02 1 FINANCIAL AID
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Even in a year marked by uncertainty, the impact of a Hamilton education was preserved. See how the support of alumni, parents, and friends enabled the College to fulfill its mission to prepare students for lives of meaning, purpose,
NANCY L. FORD
and active citizenship.
2
F I N A N C I A L A I D
LETTER FROM THE CHAIRMAN EMERITUS
There is comfort in the predictability of the academic year:
swiftly reinvented nearly every aspect of a student’s on-
the orderliness of the calendar; the ceremonies and rituals
campus experience, from classes to housing to dining,
that mark the seasons; and the ability to determine, with
while simultaneously making online accommodations for
some certainty, what comes next.
those who could not or preferred not to return to campus. Looking back, I applaud the efforts of the faculty and staff
During my tenure as trustee chair, I became more
to ensure a safe and healthy educational program
familiar with the rhythms on College Hill. My check-
for our students.
ins with President Wippman were regular and largely routine as he provided updates on student and faculty
But alumni and friends deserve credit too. You provided
accomplishments, events on campus, new student
the resources – over time and in direct response to the
recruitment, and progress on the Because Hamilton
pandemic – that enabled Hamilton to push forward in the
campaign.
midst of uncertainty and demonstrate its resilience in the face of unprecedented challenges. The College spent more
Then came COVID-19.
than $15 million of unbudgeted money (see pg. 20) to open and operate safely, and those funds were available because
President Wippman, his staff, the faculty, and especially
of your generosity and because Hamilton has carefully
the members of the COVID-19 Task Force, the Health
stewarded for many years the resources you entrusted to
Center, Student Life, and Facilities Management did a
the College. This issue of Impact provides evidence of the
remarkable job transitioning to remote instruction in the
College’s strength, resilience, and growing stature.
middle of the spring 2020 semester, and then quickly turning their attention to bringing students back the
The impact of alumni and parent support may never
following fall. Hamilton made these pivots as well or
have been more evident than in the past 18 months.
better than any college in the country, by taking the steps necessary to protect the health and safety of the College
Thank you,
community, thereby keeping students’ academic progress on track. Colleges generally do not change quickly, but when faced
Stephen I. Sadove ’73, P’07,’10,’13
with a short window to plan for the fall – and in light
Chairman Emeritus
of many unknowns about the coronavirus – Hamilton
Board of Trustees
FROM THE CHAIRMAN EMERITUS
3
CLASS OF 2025
32%
Students of Color
A REMARKABLE AND UNPREDICTABLE YEAR
80%
Top 10% of High School Class
Hamilton received a record-breaking 9,380 applications for the Class of 2025, representing all 50 states and 125 countries and surpassing the 9,000 mark for the first time in our history. The College offered fall admission to 1,320 applicants (the lowest number since 1982), resulting in a record-low 14.1
7%
Non-U.S. Citizens
469
High Schools
percent acceptance rate, and the percentage of students who chose Hamilton in return was higher than ever. Final statistics won’t be available until September (visit hamilton.edu/impact2021 after Sept. 15), but the class is on track to set records for the percentages of U.S. students of
18%
First-Generation to College
38
States
color, first-generation-to-attend-college students, and those who are eligible to receive Pell grants (reserved by the federal government for U.S. families with the greatest financial need). None of this would be possible without Hamilton’s generous commitment to financial aid. The promise of financial aid that
22%
Pell-Eligible
31
Countries
meets 100 percent of each admitted student’s demonstrated financial need matters to prospective families, and our needblind admission policy (see pg. 48) allows us to admit the most qualified candidates regardless of their family’s ability to pay. The tremendous strides we’ve made in diversity and equity are not only important and transformative (for our students and
Identify as Female 45% Identify as Male
Top States: NY, MA, NJ,
CA, CT, PA, FL, TX, VA, IL
those who don’t require financial aid. Financial aid changes lives. It allows Hamilton to attract and
*These data points are as of June 15, 2021, and do not reflect final class statistics.
4
for our College), but are attractive to all students, including
support the next generation of students to learn and thrive on College Hill. We could not do our important work without you.
F IDNM A AINSC SIO AN L A a nI D d F I N A N C I A L A I D
NANCY L. FORD
55%
ADMISSION and FINANCIAL AID
ADMISSION and FINANCIAL AID
5
MOTIVATED BY MACLENNAN AND A DESIRE TO SUPPORT STUDENTS ON MARCH 7, 2020, JUST BEFORE COVID-19 was
2021, that number totaled 94. Instead of the usual base
declared a worldwide pandemic, Hamilton launched a
gift of $100,000 to endow a named scholarship, donors
new initiative to increase the number of endowed funds
can create one with a $50,000 gift that is then matched
for student financial aid. Scholarship aid is the top priori-
with MacLennan funds, and donors can spread their gift
ty in the Because Hamilton campaign.
out over five years.
Led by an estate gift from James MacLennan ’58, a long-
Donors who never thought they could create a scholar-
time supporter of financial aid at Hamilton, a $12 million
ship legacy at Hamilton are now doing so. They range in
pool of funds was created to match – one-to-one until
age from 29 to 93, or in class terms, from the Class of 1950
the pool was depleted – every newly established scholar-
to the Class of 2014. In addition, there were 13 new schol-
ship endowment, as well as additions to existing funds.
arships created by groups of donors honoring classmates
The goal for the MacLennan Match – and the Because
and professors. All told, more than 1,000 donors have
Hamilton campaign – is to increase the percentage of the
made a new commitment and participated in this extraor-
financial aid budget funded by income from endowed
dinary opportunity to help keep a Hamilton education
funds, as opposed to current operating dollars.
accessible to students earning admission.
Given the inauspicious timing of the launch, success was
There’s still time for others to participate. A little more
not assured, but alumni, parents, and friends responded
than $2 million in matching funds are still available. If you
generously and enthusiastically. Within six months, more
are interested in creating a new fund or augmenting an
than 60 new funds were established (an average of 10 new
existing one, please contact Joe Medina (315-859-4902).
endowed scholarship funds per month!), and on June 30,
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A D M I S S I O N a n d F I N A N C I A L A I D
MACLENNAN MATCH SCHOLARSHIPS The Alexander Duncan Chiquoine III Scholarship The Alice Davis Tornquist Scholarship The Alyssa Ross Eppich Scholarship The Andrew C. Burns Memorial Scholarship The Annalise Curtis ’18 Scholarship The Anne B. and Jules L. Rubinson Scholarship The Anthony and Lilas Hoogkamp Scholarship The Ardsley House Foundation Scholarship The Arthur Kalita and Sharon Korsgaard Scholarship The Carey Family Scholarship The Cedar Scholarship The Christina Springer Roark Scholarship The Class of 1965 Alexander Hamilton Scholarship The Class of 1969 Alexand Scholarship The Class of 1980-Phyllis Holmes Breland Scholarship The Class of 2014 Scholarship The Clover Scholarship The Cook Family Scholarship The David C. Paris Scholarship The David DeSantis ’88 Scholarship The David P. Hess and Lori V. Hess Scholarship The David S. Lahey Scholarship The DiPasquale Family Scholarship The Donald B. Potter Scholarship The Drew S. Days III Scholarship The Frank and Mary Lou Owens Scholarship The George, Helen, and Owen Baker Scholarship The Georgia Johnson and Montgomery G. Pooley Scholarship The Goizueta-Clark Family Scholarship The Hamilton Family Scholarship The Holloway Family Scholarship The Howard Wilcox Scholarship The J. Carter Bacot ’55 Scholarship The J. Edward and Marie M. Hacker Scholarship The Jack and Lynda A. Withiam Scholarship The James and Agnes Kim Scholarship The Jean Kathryn Hoffman Scholarship The Jeffrey Schackner and Allison Wiener Scholarship The Jill Doonan Olwert ’84 Scholarship The Jim ‘81 and Walter ’77 Kizielewicz Scholarship The John and Melissa Klauberg Scholarship The John M. Nagle ’62 and Elizabeth E. Nagle Family Scholarship
The Jonas Epsilanty Family Scholarship The Kenneth and Linda Gould Scholarship The Kimberly Marteau Emerson and John B. Emerson Scholarship The Krauss - Cross Scholarship The Mark T. Fedorcik ’95 Scholarship The Marshall-Carroll Family Scholarship The Mazzola Family Scholarship The Megan Robb Scholarship The Michael L. Everhart Memorial Scholarship The Michael P. Kaplan Scholarship The Michael Stone Scholarship The Michael W. Stankiewicz Memorial Scholarship The Najar Family Scholarship The Nat and Marjorie Furman Family Scholarship The Nathaniel Hamilton McGiffin ’24 Scholarship The O’Shea Family Scholarship The Ostrander Family Scholarship The Patricia Tolles Smalley Scholarship The Qasim Family Scholarship The Rebecca M. McMahon Memorial Scholarship The Regan Family Scholarship The Richard and Susan Leisner Scholarship The Rifkin Scholarship The Robert G. and Kimberly A. Johnson Scholarship The Robert Harold and Lydia Mary McGowan Scholarship The Robert Leeds Family Scholarship The Robert N. Klieger Scholarship The Robert S. Bloomer Scholarship The Samikoglu Family Scholarship The Samuel and Natalie Babbitt Kirkland College Scholarship The Steven Alexander Culbertson Scholarship The Syage Family Scholarship The T. James Bigham ’82 Scholarship The Thomas B. Wheeler Scholarship The Toffe “Chip” Maron Hadity II Scholarship The Tomasi Family Scholarship The Topi Family Scholarship The Troy Family Scholarship The Twerdahl Family Scholarship The Valone Family Scholarship The Victor S. Johnson III ’71 Scholarship The Watters Family Scholarship The Wenigmann Horikawa Fund
FACTS n
Hamilton-funded scholarships provide access to an education that otherwise would not have been possible for approximately half of all our students.
n
Income earned from endowed funds provides about 40 percent of the financial aid budget. By increasing the dedicated scholarship support through the endowment, Hamilton can sustain its promise
100%
Amount of financial need met for Hamilton’s families
50%
Approximate percentage of Hamilton students receiving financial aid each year
$48,324
Average Hamilton scholarship in 2020-21
made to students with limited financial means without compromising the quality of the education the College delivers. n
Hamilton is one of only five NESCAC institutions (along with Amherst, Bowdoin, Middlebury, and Williams) that practices need-blind admission.
$49.2M
Amount currently committed to Hamilton’s financial aid budget
$120M
Because Hamilton campaign goal for financial aid. Once the $120 million in new endowment is raised, the College will have $6 million in additional financial aid to award annually.
ADMISSION and FINANCIAL AID
7
602
MacLennan
600
Because Hamilton Public Launch
500
Need-Blind
400
NUMBER OF ENDOWED FUNDS FOR STUDENT SCHOLARSHIP AID OVER TIME The number of endowed funds for scholarship aid has grown steadily since 1980, with faster growth following the College’s decision in 2010 to become need-blind in admission and the public launch of the Because Hamilton campaign in 2018. The 602 endowed funds for financial aid provide support for 588 students.
300 200 100 0
1868
1878
1888
1898
1908
1918
1928
1938
1948
1958
1968
1978
Because Hamilton Public Launch
Need-Blind
1988
1998
2008
2018
GIFTS AND GRANTS RECEIVED FOR FINANCIAL AID SINCE HAMILTON BECAME NEED-BLIND
MacLennan $147M
$150M $125M $100M $75M
Alumni, parents, and friends have contributed $147 million for financial aid since Hamilton announced in 2010 that it would become need-blind in admission. The pace quickened with the launch of the Because Hamilton campaign in 2018 and the announcement of the MacLennan Match in 2020. Financial aid is the top priority for Because Hamilton. As of July 1, 2021, $107 million has been raised toward the $120 million goal.
$50M $25M $0M
2010
8
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
A D M I S S I O N a n d F I N A N C I A L A I D
$537M
$550M $500M $450M
$417M $391M
$400M
$405M $411M
$423M
$373M
$350M
$323M
$300M
$274M
$285M $286M $261M
$250M
$238M
$200M $150M
$390M
$134M
$152M
$164M $178M
$192M
MARKET VALUE OF ENDOWED FUNDS FOR STUDENT SCHOLARSHIP AID
New gifts and prudent investment of existing funds have resulted in a market value of more than a half billion dollars of endowment for student scholarship aid. The income earned from these funds is used to award financial aid to students. A scholarship fund established with $100,000 in 2010 more than doubled to $215,000 in 2021, increasing support for student scholarship aid from $4,500 per year to $9,000 per year. Institutions that fared best during the pandemic had more resources provided from their endowments.
$124M $125M
$100M $50M $0M
FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11
FY12
FY13 FY14 FY15 FY16 FY17 FY18
FY19 FY20 FY21
ADMISSION and FINANCIAL AID
9
Caroline Ullem ’24
CAROLINE ULLEM
SELECTING A COLLEGE SIGHT UNSEEN
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F I N A N C I A L A I D
Everybody’s curious and academic and interested WITH AN EFFECTIVE MIX OF ZEAL and discipline, high school senior Caroline “Caz” Ullem ’24 turned full-time researcher when the pandemic quashed her plans to visit the eastern U.S. colleges at which she’d been accepted, Hamilton included. Living in San Juan Capistrano, Calif., Ullem knew nary a soul who’d attended Hamilton, but that was merely a problem to solve using every network she had and stitching together new ones. Her best conversation was with a Hamilton student who is the son of her mom’s college roommate’s best friend from Atlanta or “something ridiculously far out,” Ullem says.
in a lot of quirky, different things. And you can’t
it just meant lots of work, and Ullem learned more about the schools than if she’d visited. She wanted a small college with good academics,
define anyone by any
that could satisfy her interest in finance, and that had
one element of who they
like the best fit. At the end of her first year, Ullem knew
are, and so there’s always
Aquaponics clubs and Adirondack Adventure. She
something new to explore,
treasurer on Student Assembly. And Ullem became an
which is very cool.”
local marathons.
an outdoorsy vibe and Greek life; Hamilton seemed she’d made a good choice. She joined the Finance and pledged a sorority and took on the role of her class Outing Club trip leader and trained for and ran two
Of course, she turned to the Hamilton website and
Hamilton is unique because it has something for
virtual campus tour, and the personal touch from the
everybody, Ullem observes. “It’s not distinctly preppy.
Admission Office staff was a big help.
It’s not distinctly crunchy. It’s not distinctly like anything,” she says. “Everybody’s curious and academic
“I actually got a phone call from someone in the
She delved just as deeply into five or so other colleges.
and interested in a lot of quirky, different things.
Admission Office, saying, ‘Hey, I know these are weird
The circumstances were a bit nerve-wracking, Ullem
And you can’t define anyone by any one element of
circumstances, but I just wanted to call and let you
admits. “Choosing a place to build your life that you’ve
who they are, and so there’s always something new
know that we’re excited to have you in our class if you
never been to before is just a very, very strange feeling,”
to explore, which is very cool.” n
choose to go,’” Ullem recalls. Hamilton seemed like a
she says. But the absence of visits wasn’t a deal-breaker,
school that cared.
ADMISSION and FINANCIAL AID
11
BOB HANDELMAN
FINANCIAL FLEXIBILITY Less than a week after the Board of Trustees met on campus in March 2020 and passed the budget for the following academic year, the World Health Organization (WHO) declared the coronavirus outbreak a global pandemic. A budget created for one set of circumstances was all of a sudden no longer a match for the new reality. But before planning could begin for the 2020-21 academic year, the College focused on completing the spring 2020 semester successfully. Following the WHO’s declaration, Hamilton suspended on-campus instruction; helped students return to their homes, whether they were studying in Clinton, Paris, Madrid, or elsewhere; and refunded more than $4.8 million in room and board fees. To preserve financial flexibility, hiring was paused for most non-faculty positions, employee travel was suspended, and construction was halted. Health and safety guided planning for the new academic year. More than $15 million in unanticipated expenses was disbursed in 2020-21 for personal protection equipment, temporary student housing, testing, and accommodations for quarantine and isolation (pg. 20). Some of that was offset by federal assistance (pg. 14) and higher-than-budgeted enrollment because most students wanted to learn in person. The College’s financial rating was updated in January 2021 by Moody’s Investors Service with an excellent Aa2 rating and stable outlook, recognizing strong wealth and liquidity combined with prudent budgeting. The budget for 2021-22 is balanced, with contingencies should cautions. Hamilton’s investing practices (pg. 18) and sound financial management continue to serve the College well, even in the most uncertain times.
12
NF AV INA IG NAT CIA I NLGAC I D HANGE
BOB HANDELMAN
a surge in COVID-19 cases force the College to reinstate safety pre-
NAVIGATING CHANGE
N AV I G AT FIN IN AGN C H I AALNAGIED
13
Source ROUND 1:
*HEERF 3/27/20
Amount $1.19 million
Used For
ROUND 2:
*HEERF 12/21/20
Awarded $1.8 million but reduced by 50% because Hamilton pays new endowment tax, so net $918,000
ROUND 2:
Employee Retention Tax Credit: Hamilton spent $3.3 million to keep employees on payroll. 25% tax credit provided.
ROUND 3:
$3.3 million
*HEERF 12/21/20
*HEERF 3/11/21 TOTAL
$595,000 required to go directly to student financial aid recipients $324,000 to Hamilton to offset COVID expenses; $918,000 holdback of funds may be released later this year to offset COVID expenses
$900,000 to offset COVID expenses
$6.28 MILLION
14
N AV I G AT I N G C H A N G E
$595,000 required to go directly to student financial aid recipients $595,000 to Hamilton to offset COVID expenses
$1.64 million required to go directly to students $1.64 million to offset COVID expenses $2.83 MILLION directly to students $3.45 MILLION to Hamilton
GOVERNMENT-PROVIDED PANDEMIC AID
The government provided $2.83 million to help Hamilton students recover from financial hardships caused by the pandemic. An additional $3.45 million in government aid was used by the College to offset $15 million in COVID-19 expenses for testing, personal protection equipment, quarantine and isolation, and other related costs. Approximately $918,000 in additional funds may be available this year. Hamilton is also applying to FEMA for assistance.
*HEERF - Higher Education Emergency Relief Fund
HAMILTON COLLEGE REVENUES, FY21
Other Hamilton Fund $6.4M $7.2M
Student Fees net of Financial Aid $93.0M
Endowment Support $44.6M
Legacy support, which represents income earned from gifts made to the endowment over time ($44.6 million) plus contributions from alumni, parents, and friends to the Hamilton Fund ($7.2 million) provide more than one-third of the College’s operating income, net of financial aid. Legacy support is especially critical during a crisis such as a pandemic, because other revenue sources such as tuition and fees become much more unpredictable.
TOTAL BUDGET: $151 MILLION
Plant $24.4M
HAMILTON COLLEGE EXPENSES, FY 21
Contingency $1.5M
Hamilton offers students a high-touch, personalized education with access to high-quality programs in state-ofthe-art facilities. Wages and benefits for Hamilton’s faculty and staff are the College’s greatest expenses.
People $82.8M Program & Admin $42.5M
MOST RECENT PAYROLL: 830 Faculty & Staff 749 Student Workers
N AV I G AT I N G C H A N G E
15
Mark Cryer
ANN MARSDEN
THE PROFESSOR’S PAJAMA PANTS
16
NF AV INA IG NAT CIA I NLGAC I D HANGE
NANCY L. FORD
West Side Story, directed by Professor Mark Cryer, was the Spring 2019 theatre production.
WHEN IN-PERSON CLASSES RESUMED last fall,
“I found myself focusing more on issues that are outside
Associate Professor of Theatre Mark Cryer brought along
of the classroom, that would help feed, in a positive
a prop: the fuzzy pajama pants he lived in while classes
way, the work that I was expecting them to do in the
were remote the previous semester. “Don’t make me put
classroom,” he says. “And so I think I became a better
them back on,” he cautioned his students. “I’m going to
teacher, because I got to know them better and what
tack them up to my bulletin board, and they’re going to
their immediate needs were.”
stay there until the end of the school year.” Cryer, who is Theatre Department chair, was the 2021 He began the academic year determined to do what he
recipient of the Samuel and Helen Lang Prize for Excel-
could to support students and get them through the year
lence in Teaching, which is awarded for superior teach-
in person. Part of that was speaking honestly to them
ing and significant and positive impact on students.
about his commitment to being there and their responsibility to follow protocols. The pants stayed put: The
As a result of the pandemic, he says, his teaching became
Hamilton community pulled together to fend off another
more focused, because he was forced to pare it down
pandemic shutdown.
to its bare essentials. Even so, he found new ways to
Bigger picture, experiencing the pandemic and remote
use technology. Acting in a mask is difficult, so after
teaching inspired in Cryer an even keener apprecia-
Cryer ended the academic year enormously proud of his
students did a masked presentation in class, Cryer asked
tion of his vocation. “It all became much, much more
students and equipped with some new ideas and insights.
them to repeat and record it at home, maskless, and
precious because you discovered how quickly it can be
He has always considered himself a student-centered
submit it to him online. He could review the recorded
taken away,” he says. n
professor. “In other words, ‘I’m here because you are —
work multiple times to provide detailed feedback, and
not the other way around,’” he explains. But teaching
he plans to have students record their work in the new
in the time of COVID-19, Cryer checked in more with
academic year.
students about their social and mental wellbeing.
N AV I G AT I N G C H A N G E
17
ENDOWMENT MARKET VALUE
Hamilton continues to be a prudent steward of the resources entrusted to it. Despite the unprecedented market volatility and economic downturn experienced last year, Hamilton achieved top 10th percentile returns among college endowments for fiscal year 2020. Early in the pandemic, the Investment Team took advantage of volatility to strategically reposition the endowment. As a result, the endowment posted a very strong return of 39 percent* in fiscal year 2021 and stands at approximately $1.47 billion* today, compared to just $900 million at the beginning of 2019. This strong endowment growth, the result of generous gifts and conscientious investing, will protect the College from future market downturns and fund strategic initiatives, especially financial aid.
$1,500M $1,400M $1,300M $1,200M $1,100M $1,000M $900M
* Jun ’21
Mar ’21
Dec ’20
Jun ’20
Sep ’20
Mar ’20
Dec ’19
Jun ’19
Sep ’19
Mar ’19
Dec ’18
Jun ’18
Sep ’18
Mar ’18
Dec ’17
Jun ’17
Sep ’17
Mar ’17
Dec ’16
Jun ’16
Sep ’16
Mar ’16
Dec ’15
Jun ’15
Sep ’15
Mar ’15
Dec ’14
$800M
8.8%
7.3%
7.1%
7.3% 6.1%
5.0% 5.0%
1.8%
1 Year
5 Year
3 Year Hamilton
18
N AV I G AT I N G C H A N G E
NACUBO Median
10 Year
* Unaudited Estimates
INVESTMENT PERFORMANCE
Hamilton’s investment performance has consistently been in the top quartile for the colleges that report their results to the National Association of College and University Business Officers (NACUBO), a membership organization that represents 705 colleges and universities across the country. While Hamilton has been top quartile over the past 3, 5 and 10 years, Hamilton’s 7.3 percent return in fiscal year 2020 was top decile relative to peers.
$1600M
ENDOWMENT GROWTH WITH AND WITHOUT ADDITIONAL CONTRIBUTIONS
$1400M
The value of the endowment is shown by its market value since 1989 (dark blue) and with new gifts added since that year (bright blue). As of June 30, 2021, the endowment is valued at approximately $1.47 billion* but would be close to $800 million if no new gifts had been received and allowed to compound since 1989. The significant growth in the endowment since 1989 can be attributed to new gifts, strong returns, prudent investment practices, and disciplined spending.
$1200M $1000M $800M $600M
&%%% $400M $200M $0 1989
1992
1995
1998
2001
Actual Endowment Market Value
2004
2007
2010
2013
2016
2019
2021
* Unaudited Estimates
Endowment Without Subsequent Gifts
N AV I G AT I N G C H A N G E
19
MORE THAN
$15 Million
$3.2 million
$1 million
Temporary Housing
Consultants & Professional Services
$5.8 million
$0.2 million
IN COVID EXPENSES
Testing
$1.8 million
Cleaning Supplies
HAMILTON ADMINISTERED NEARLY
165,000
COVID-19 TESTS to students, faculty, and staff in 2020-21. Students were required to test three times a week during the spring semester. All told, 64 people tested positive, resulting in a positivity rate of 0.04 percent.
PPE
$3.2 million
Quarantine Hotels and Food
NANCY L. FORD
N AV I G AT I N G C H A N G E
21
NANCY L. FORD
PandemicInspired
TRANSFORMATIONS THE PANDEMIC THAT FORCED HAMILTON to
Before the pandemic, Fluty, who is a physician
reinvent itself also redefined many people’s jobs on cam-
assistant, spent much of her workday providing di-
pus. That was especially true for Health Center Director
rect patient care. In March 2020, after the growing
Barbara Fluty, who received the 2021 Wertimer-Couper
COVID-19 threat was officially declared a pandemic,
Award, and Transportation Coordinator Mike Houle,
Fluty’s workday and workweek expanded to consume
who was named a 2021 Tobin Award winner.
just about all her time. Being on call was the new normal. Her first move was to dive into any reliable information she could find. “I was looking at CDC and NIH and trying to avoid lay stuff, trying to get real, factual informa-
some collaborations that were different and unique,”
tion. It was my daily habit to always get up to speed on
Fluty says.
what’s being talked about today,” she recalls.
Along the way she encountered Houle and his team in
Her ever-evolving responsibilities had her tracking and
action. “There was nothing they wouldn’t assist with,”
dissecting local, state, and federal health department in-
she says. If a student forgot her meds in her dorm room or
formation; fielding calls from hometown health officials;
at her quarantine location, the transportation team would
developing policies to cover the new reality; talking to
retrieve and deliver them. Their tasks were critical.
parents; talking to students; gleaning ideas from peer institutions; contact tracing, and more.
Houle’s department was only nine months old when
“Certainly, I’ve never been on so many teams, commit-
students’ transportation needs, and during the pandemic
tees, and task forces as over this past year. But it’s really
that meant temporarily scrapping the use of ride-sharing
been incredible for me, because I’ve met so many people
services and the Jitney to create a new shuttle service
that I normally wouldn’t meet, and I’ve been able to build
with more student drivers. Houle and others on
it went into pandemic mode. Its job is to coordinate
It wasn’t easy, even if they made it look that way, but Hamiltonians from every office and division did what they needed to do to get the College successfully through the COVID-19 pandemic. Here’s a sampling:
his team drove as well. Like Fluty, “on call” was his frequent status.
1 MIKE JASPER, grounds and fleet
his team was to disinfect classrooms
operations manager, helped with
between classes, and for some of the
readying classrooms and getting
staff, that meant changing their shifts
outdoor canopies, classrooms,
to later in the day. When they worked
and a fitness center in place, and
in areas exposed to someone with
much more.
COVID-19, they wore Tyvek suits and
The need for transportation surged with medical
respirators.
appointments, rides to and from quarantine sites,
2 STEPH KOWELL, assistant athletics
prescription pick-ups, even grocery pick-ups and
trainer, helped figure out how to
6 JOHN GEISSINGER, head coach
deliveries, because students were not permitted to
safely deliver injury care to athletes
of men’s and women’s swimming,
leave campus. The semester before the pandemic,
and volunteered at the testing center.
was among the several dozen College
Houle’s team did roughly 200 transports. Spring
employees who underwent training
semester of 2021, they did about 1,200.
3 NAJEE EVANS, an area director in
1
Houle and his staff did what they could to ease the uncertain situation for student passengers. “I think a lot of it was just talking to the students during the drive on the way down to the hotels, lightening the mood a little bit, because they were nervous, and they
2
in contact tracing and who supported
Residential Life, made sure students
and kept in touch with students who
followed social-distancing rules,
tested positive for COVID-19 or
yet still had fun, safely, in their
were in quarantine. His family made
residences. He also conducted
gift bags filled with candy for the
COVID-19 Community Agreement
students.
violation hearings.
were scared because they’ve got to go to quarantine
7 CLAIRE MCKENNEY, assistant
or isolation,” he says.
3
4 HEATHER DANIELS, line cook
director of campus scheduling,
with Bon Appétit, made it a point to
shifted from her regular duties
chat and bond with students at the
to help manage the COVID-19
ed work and planning because they intend to be ready
Howard Diner when they picked up
Testing Center in Tolles Pavilion.
for whatever the fall semester brings. They are both
their take-out food. Students say she
She recruited and scheduled more
proud of what the students and the College accom-
brightens their dullest days.
than 60 employee volunteers and
The academic year behind them, Houle and Fluty are
7
still busy, just not quite as busy, with pandemic-relat-
temporary employees who staffed
plished since March 2020.
5 DAVE SAXE, custodial services
“I think the thing that stands out is the team effort with everybody,” Houle says. n
6 5
the center where students, faculty,
supervisor, was sometimes called to
and staff took nasal swab tests. The
campus late in the evening or on a
Testing Center administered nearly
day off. Part of the job for him and
165,000 COVID-19 tests in 2020-21.
4
N AV I G AT I N G C H A N G E
23
PROGRESS TOWARD A MAJOR NEW FINANCIAL AID MILESTONE It’s natural for people to do whatever they can to help during uncertain times. We saw it in large and small ways during the past year. Neighbors checking on neighbors. A little extra for nonprofit organizations that serve local communities. Going out of the way to patronize area mom-and-pop stores. Ordering more takeout to support local restaurants, and then over-tipping the servers. That same spirit drove support for Hamilton. Alumni, parents, and friends concerned about the pandemic’s effect on students, especially juniors and seniors, reached out with offers of assistance in the form of internships (pg. 41), job counseling, and care packages. Others volunteered to host or speak at virtual alumni events (pg. 31), keeping Hamiltonians connected and engaged with the College and one another. And donors contemplating gifts to the Because Hamilton campaign (pg. 27) accelerated their giving, recognizing the extra financial pressures faced by the College. The response was record-breaking: $52.2 million in overall giving, buoyed by $7.2 million for the Hamilton Fund and a $21 million estate gift that included $19 million for student scholarship aid. Financial aid for deserving Hamilton students is the top priority in the Because Hamilton campaign. That’s why, when James MacLennan ’58 left his estate to the College but did not designate (pg. 6). New endowed scholarships established as part of the match get Hamilton closer to a major milestone: A financial aid budget more than half funded by income earned from endowed funds earmarked for student scholarships.
24
AFDVA INAN NC CIEAMLEANIT D
BOB HANDELMAN
how it was to be applied, Hamilton created the MacLennan Match
ADVANCEMENT
A F IDVA N A NNCCIEAM L EANI D T
25
162
ALUMNI ENGAGEMENT BEFORE AND DURING THE PANDEMIC
182 11,507
127
8,944 55
Total Number of Events
6,978 49
Attendees/Event
FY19-In Person
26
71
FY20-Mix
The Alumni Relations Office organized significantly more virtual events in FY20 and FY21 to compensate for the suspension of in-person gatherings. The total number of participants declined, because large events such as Fallcoming and Reunions were canceled. A mix of virtual and in-person events is planned for the future.
Total Number of Attendees FY21-Virtual
A DVA N C E M E N T
$331M
$0
Allocated Percentages of Raised Total
RAISED TOTAL CAMPAIGN
Donors
Awaits Designation 17%
as of July 1, 2021
$331M
Alumni 15,224
Expendable Restricted 4%
PARTICIPATION RATE
76%
$400M
Parents 7,492
Others 5,055
Endowment 47%
Facilities 13%
Hamilton Fund 19%
2021
2020
2019
2018
2017
2016
74%
98% 93% 96% 97% 94% 88% 89% 2015
2014
2013
2012
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1985
74% 80% 83% 86%
< 75%
2011
75%-85%
74% 73% 77% 78% 73% 81% 81% 82% 82% 70% 59% 60% 57% 59% 59% 63% 59% 59% 56% 60% 64% 59% 58% 68% 67%
>85%
1986
1984
1983
1982
1981
1980
1979
1978
1977
1976
1975
1974
1973
1972
1971
1970
1969
1968
1967
1966
1965
1964
1963
1962
1961
1960
1959
1958
1957
1956
1955
1954
1953
1952
1951
1950
1949
1948
1947
1946
1945
1944
1943
1940
100% 100% 100% 100% 100% 100% 100% 90% 83% 80% 90% 91% 95% 90% 92% 92% 93% 84% 89% 93% 82% 87% 89% 90% 84% 88% 87% 89% 82% 91% 86% 80% 83% 75% 76% 73% 76% 76% 80% 76% 72% 75% 77%
Percentage of Class Participation
BECAUSE HAMILTON CAMPAIGN OVERVIEW
Nearly 28,000 alumni, parents, and friends have made at least one gift to the Because Hamilton campaign, including 76 percent of all alumni. Thirty-three classes, indicated by dark blue bars, have achieved 85 percent participation in the campaign. Because Hamilton has raised $331 million (83 percent) toward its goal of $400 million by June 30, 2023, with almost half (47 percent) of the gifts added to the endowment for College and donor priorities.
A DVA N C E M E N T
27
$140M
25TH ANNIVERSARY OF THE JOEL BRISTOL ASSOCIATES
$120M
Joel Bristol Associates (JBA) are those alumni and friends who have informed the College that Hamilton is part of their estate plans. Hamilton has received $131 million in estate gifts – most of it directed to the endowment – since the JBA was established in 1996. These gifts have been steadily increasing as more alumni, parents, and friends consider their Hamilton legacy. Individuals who reach age 70 during the campaign and inform the College that Hamilton is part of their estate plans can have their intention included in the Because Hamilton totals.
$100M
$80M
$60M
$40M
$20M $0 FY97
FY99
FY01
FY03
FY05
FY07
FY09
FY11
Awaiting Designation, Expendable Restricted, Hamilton Fund
FY13 Facilities
FY21
Endowment
The Joel Bristol Associates is comprised of 450 alumni and 304 friends, spouses, partners, and parents. Membership spans the generations.
10
2000s Alumni 450
23
1990s
46
1980s
75 111
1970s 1960s Parents 85
120
1950s 1940s
A DVA N C E M E N T
FY19
Membership by Class Decade (Living Alumni)
2010s
28
FY17
MEMBERSHIP IN THE JOEL BRISTOL ASSOCIATES
By Constituent Group (Living Members)
Friends, Spouses & Partners 219
FY15
60 3
HAMILTON BEGAN FORMALLY RECOGNIZING
Joel Bristol Associates Legacies:
1 ESTELLE KATCHMAR WILHELM W’40
and thanking estate-plan donors as Joel Bristol
Raised by a mother who believed deeply in the importance
Associates in 1996 to celebrate a significant estate
of education, Wilhelm graduated from Syracuse University
gift from William MacLaren Bristol, Jr., Class of 1917.
with a degree in library science, became a librarian, and
In the 25 years since, more than 1,200 individuals
married Curtis R. Wilhelm ’40 in the Hamilton Chapel before
have become Joel Bristol Associates, contributing
he entered the military. They lived simply and invested well,
$131 million in estate gifts to the College. Similar to
accumulating a significant estate from which Estelle gave
the Hamilton Fund, planned gifts demonstrate the
generously during her lifetime toward the renovation of
power of many contributions of all sizes.
the Kirner-Johnson Building and through her estate to the Kennedy Center and the Johnson Health and Wellness Center.
The number of gifts from estates has been steadily 2
increasing as more individuals recognize they can make a lasting impact at Hamilton, providing stu-
The son of Welsh immigrants who operated a grocery store in
dents of today and tomorrow with scholarships and other gifts that perpetuate the College’s educational mission. In the last year alone, the Joel Bristol
2 DAVID MALDWYN “SPOOLIE” ELLIS ’38 Utica, Ellis attended Hamilton with the help of scholarships and returned to the Hill to teach history from 1946 to 1980.
1 3
Associates welcomed 29 new members, and estate
He was a dedicated alumni volunteer and loyal supporter of the Hamilton Fund who also established many Hamilton
gifts from the last six years account for nearly half of
charitable gift annuities. A generous estate gift from Ellis’
the estate gifts to the College since the Joel Bristol
widow, Carolyn, created the Carolyn C. and David M. Ellis
Associates was founded a quarter century ago.
’38 Distinguished Teaching Professorship, currently held by Professor of Music Heather Buchman.
Philanthropy in service to education on the Hill stretches back prior to the College’s founding. In
3 BEVIN KENNY ’07 & NED GILLISS ’08 AND STEVE T.
1793, Clinton settler Joel Bristol gave labor, lumber,
KENNY ’69 & MARSHA P. KENNY P’07
and a pound sterling to help establish the Hamil-
A two-generation family of active College volunteers and
ton-Oneida Academy. By his deeds, Bristol set in
regular annual donors have endowed a scholarship to benefit
motion an enduring pattern of giving, embraced by
Hamilton students in perpetuity in a collective family effort,
his family and the Hamilton community, which has sustained the College for more than two centuries. n
including lifetime and estate gifts, offered in gratitude for their
3
own experiences on College Hill.
A DVA N C E M E N T
29
06292021 Cash-In (4 color)
$52.2M
$50M
25 YEARS OF GIVING, 1997 TO 2021
Alumni, parents, and friends donated a record $52.2 million in 2021 for College priorities, including a record $25.6 million in estate gifts.
$42.6M
$40M $35.5M $30.8M
$29.4M
$30M
$27.0M $23.2M
$20M
$24.1M
$22.9M $19.8M
$25.7M
$28.9M
$25.5M $24.5M
$21.3M
$19.3M
$18.9M
$16.2M
$20.3M
$18.8M
$18.0M $18.1M
$16.6M
$15.5M
$14.4M
$10M
$0.0M
FY97 FY98 FY99 FY00
FY01 FY02 FY03 FY04 FY05
Spouses, Partners & Friends
30
FY06 FY07 FY08 FY09
Corporations & Foundations
FY10
FY11
FY12
Parents
FY13
FY14
FY15
FY16
FY17
Alumni & Trustees
FY18
FY19 FY20
FY21
Estate Gifts
A DVA N C E M E N T
VIRTUAL ENGAGEMENT Young Alumni
Hamilton Career Network
Special Segments
Virtual gatherings took many forms after in-person events were canceled due to the pandemic.
Continuing Education
Hamilton Hamilton Virtual Virtual Engagement Engagement
Alumni Colleges
Class Specific (e.g. 50th Reunion)
The Hill in History
Equity and Inclusion
A DVA N C E M E N T
31
Jim Carey ’71
MARCUS NORMAN
A RECORD 50 YEARS IN THE MAKING
32
A DVA N C E M E N T
WANT TO KNOW HOW TO RAISE a record-setting
The monthly forums featured teaching moments with
$15 million for a Hamilton 50th reunion class gift?
classmates serving as experts sharing topics of common interest from artificial intelligence to COVID-19 insight.
Start with a handful of major contributors with a long history of giving of their time, treasure, and talent to the
Along the way, about 170 remaining classmates from
College, including current and former members of the
a group of 200 were encouraged to increase their
Board of Trustees and Hamilton Fund campaign chairs.
donations, endow scholarships, or consider Hamilton
Carey said it came naturally to him to head this mile-
in their estate planning.
stone 50th reunion campaign, having previously served
Add to that solid financial commitment a class that had
in various alumni capacities.
achieved 70 percent participation year after year with a
“We achieved 80 percent participation and set the
strong inclination to support Hamilton.
record for the most named scholarships from a class,”
“Hamilton for so many of us was such a life-changing
Carey said.
experience. Without financial aid I couldn’t have
It also took a pandemic, persistent soliciting, and using
done it,” Carey said. “My sense has been to help finan-
current technology for Class of ’71 Gift Chair Jim Carey
Carey, a longtime banking executive, credits two
cially so Hamilton can help others. It’s a feel-good to
to help stir up the remaining fundraising faced with the
classmates with their leadership, co-chair Rick Rumsey
see how many classmates stepped up out of affection
uncertainty of his classmates gathering for a reunion.
and Bob McGowan, both of whom died last fall.
for the College.”
“With Zoom seminars we reached an audience you’d
“Jim is resilient,” said J. Frederick Rogers P’21,
Rogers offered insight into the class’ success: “Jim does
otherwise not be able to bring together. Someone from
Hamilton’s former director of annual giving, now
his work with quiet persistence, resulting in the respect
Australia, somebody from Scotland, and others scattered
director of gift planning.
and gratitude of his classmates to set this dramatic new
throughout the States tuned in,” Carey said of the virtual events.
high-water mark for total giving,” he noted. “If there “Like a good captain he remained steadfastly on
were an order of merit for Hamilton Fund volunteers,
the bridge to see this reunion campaign through
Jim would be lodged firmly in the top echelon, summa
to completion.”
cum laude.” n
A DVA N C E M E N T
33
PROVING OUR WORTH TO STUDENTS It wasn’t all about COVID-19 for Hamilton in 2020-21. The pandemic occurred in the midst of the College’s decennial reaccreditation.
The faculty began annually assessing all senior projects, analyzing direct evidence of student learning. During spring 2020 and 2020-21, faculty pivoted to continue this essential process in an online and hybrid, blended envi-
“Hamilton’s mission drives the College’s hiring and mentoring of qualified professors,” says Dean of Faculty Suzanne Keen. Faculty keep the curriculum rigorous and
ronment. A silver lining of using Zoom for senior project presentations: parents and family members could see their seniors perform, deliver talks, and field questions.
up-to-date, and certify that our graduates show readiness to enter an ever-changing world, eager to engage, prepared for challenges, and qualified to join professions or go on
The reaccreditation review process required self-scrutiny, assessment of institutional performance in seven stan-
to graduate study. Making sure that Hamilton delivered on
dards, evidence-gathering, and writing. The self-study of-
its promises to students — while teaching them online, or in
fered a broad, comprehensive narrative of all of our prac-
person, or some combination of both — stretched faculty thin
tices and plans, addressing every aspect of our operations.
during the past year and a half. At the same time that faculty
The result? Keen said Hamilton has been reaccredited by
gamely tackled these pedagogical challenges, which made even
the Middle States Commission on Higher Education, after
our most experienced teachers feel as if they were beginners again, Keen said Hamilton also had to demonstrate to its regional accreditors that our students are learning what we claim we are teaching them.
a virtual team visit held during the coronavirus pandemic. The ALEX initiative and Common Ground were singled out for praise. Our work continues, however, because the reaccreditation notice that Hamilton received asked us to go further in annually assessing operational goals and our
Once a decade (in future, every eight years), Hamilton has to prove that we meet our institutional and educational goals. This process, called reaccreditation review, requires a rigorous documentation pro-
goals for student learning. We will use what we learn from that self-scrutiny to further fine-tune our operations and our pedagogical practices.
cess, discussion, and implementation of changes. During our preparation, Keen said Hamilton discovered that it lacked a formal collection of faculty educational credentials, so she implemented a process to gather them. She objectives to be consistent.
34
AC FIN AA DN EM C IIA CLS A I D
BOB HANDELMAN
said the College also reviewed departmental curricular goals and updated the
ACADEMICS
FINA AC NA CD I AELMAI C ID S
35
Michael Lang ’67
ENCOUNTERING ORIGINAL MATERIAL in the M.C. LANG
BRANDON HUNTER
SPECIAL COLLECTIONS and ARCHIVE S
36
AC A D E M I C S
The M.C. Lang Special Collections and Archives was dedicated in July 2021.
“IT WAS VERY EMOTIONAL to have a 500-year-old
“Instead of reading a transcript, thumbing through a
book in front of me that’s survived this long,” said
reprint, or looking at a digital facsimile,” Lang said,
Philip Chivily ’23, after exploring the treasures of
“when students hold in their hands the actual phys-
Hamilton’s Special Collections. A generous gift from
ical document, first edition, or association copy that
Michael C. Lang ’67 will ensure more students have
is the subject of their interest, they make a tactile
that experience.
connection with history.” That connection, Lang said, “transcends time, and many people acknowledge that
Aiming to protect what he calls “the physical en-
such experiences refine their response to the text in
counter between students and original material,”
degrees and ways perhaps difficult to describe, but
Lang recently provided $3 million to endow a Special
nevertheless real. It is a close encounter at first hand,
understood through study, enhance the learning pro-
Collections education and outreach librarian position
not second.”
cess and add a special facet to the Hamilton educational experience.”
at Hamilton and to establish a separate innovation and acquisition fund to promote the study and use of
Lang’s advocacy for the printed word goes back to his
original source materials.
time on the Hill, where he established the Alexander
Located on the third f loor of the Burke Library,
Hamilton Private Press, a student-run letterpress
and under the dedicated curation and direction of
The new librarian position will expand students’
that continued to operate for 12 years, and which
Christian Goodwillie, the recently dedicated M.C.
experiential learning opportunities, supplement their
was revived, restored, and upgraded several years
Lang Special Collections and Archives include a
digital research skills, and allow them to experience
ago with a separate endowed fund he supplied. It’s
wide range of material, from a 17th century copy of
the “incalculable and impressionistic” value that
important for Lang that Hamilton students develop
Paradise Lost to 56 incunabula (books printed prior
comes from studying original material sources. For
an understanding of “how original source materi-
to 1500), and three world-class collections related to
Lang, tangible interactions with books and materials
al and physical books are more than transparent
the Lesser Antilles, American communal societies,
in the Special Collections have the power to inspire
containers of the texts they embody — that they are
and Ezra Pound, Hamilton Class of 1905 (an archive
deeper understanding and new appreciations.
in fact cultural and historical artifacts which, when
which holds more than 10,000 pieces). n
AC A D E M I C S
37
SUCCESSFUL STUDENT OUTCOMES A broad-based liberal arts education is the best preparation for – as Hamilton’s mission statement promises – “lives of meaning, purpose, and active citizenship.” Hamilton also offers a sophisticated career development program that complements what faculty deliver in the classroom and supports students throughout their four years on College Hill. That support is built on a carefully planned approach to career preparation, with a developmental curriculum, extensive resources, and an individual career counselor assigned to each student. The results, outlined on the pages that follow, show that students transition successfully to life after Hamilton, whether they seek employment or choose to pursue graduate study. In fact, 98 percent of the Class of 2020 was employed or pursuing graduate studies, internships, or fellowships within 10 months of graduation (pg. 44). Even with a consistent record successfully supporting students, Hamilton’s professional career counselors continue to innovate. A year ago, faced with a decrease in internship opportunities to offer students, the Career Center developed, with alumni involvement, a new micro-internship program called Snap (pg. 40). The program offers short-term, pandemic-proof internships focused on specific projects. Snap has proven to be so successful it continues today, offering students, alumni, and parents another way to engage with NANCY L. FORD
the College and one another.
38
SFUI N PP AO NR CT IA IN L GA SI D TUDENT OUTCOMES
SUPPORTING STUDENT OUTCOMES
S U P P O R T I N G S T U D EFN IN TAONUCTI C AO LM AE ID S
39
MICRO INTERNSHIPS HAVE MAJOR IMPACT
40
F I N A N C I A L A I D
TK JONES PHOTOGRAPHY RIVERSIDE, CALIFORNIA
Hannah Terao ’23
THE EMAIL FROM THE CAREER CENTER brought
published on some of SHE Media’s websites, which was,
glad tidings last summer to Hannah Terao ’23, who
I think, a good learning experience and also something
was home in Riverside, Calif., her plans erased by the
great to put on my résumé,” she says.
pandemic. “I had been stuck in the house for a couple of months, and I was just itching for something to do
Last winter Terao had a shot at a second Snap intern-
because I’m the type of person who needs to work on
ship. She handled publicity for Songs of the Suffragists:
something,” Terao says.
Lyrics of American Feminism from 1850 to 2020, a book written by Laura Castelblanco Englehardt ’95 for the
The email offered the prospect of an internship with
League of Women Voters of Berkeley Heights, New
SHE Media, whose CEO is Samantha Skey ’94. Skey
Providence, and Summit, in New Jersey.
was a supporter of the Career Center’s new Snap micro-internship program, designed to provide short-
“I was able to work independently, but also still learn
term, pandemic-proof internships built around specific
Terao is a creative writing major who hopes to tutor at
because I was being obviously supervised,” Terao says.
projects. Snap gave students facing a summer without
Hamilton’s Writing Center. “I had taken an introductory
“But my supervisor, Laura, let me do what I thought was
internships or jobs valuable work experience.
communications course my freshman year, and I really
best and kind of experiment and try out new things, and
enjoyed it, so I thought that working with a media com-
then she would give me feedback, and I was able to go
SHE Media, a digital media company that focuses on
pany might be something that I would also enjoy and
back and revise and learn from that.”
women and includes several lifestyle websites, hired 10
something that I’d be interested in,” she says.
or so Hamilton students. “The Hamilton students have
The Snap internship program was a success from the
been really productive. I think those who found their
She did. Writing stories for SHE Media websites was
Career Center’s perspective, too. Last summer and
way to us were really interested in and invested in career
much different than the academic writing Terao was
during winter break, it resulted in internships for 85
development,” Skey says.
familiar with. “But I managed to get a couple articles
students from 72 alumni or parents.
n
SUPPORTING STUDENT OUTCOMES
41
HCN Attendees by Graduation Decade 1960–69
TOTAL MY HAMILTON CONNECT USER ACTIVATIONS:
5,218
TOTAL MY HAMILTON CONNECT ALUMNI ACTIVATIONS:
3,772
MY HAMILTON CONNECT 2.8% 1970–79
Pre-1960 0.8% 2021, is the My Hamilton Connect, launched in February 9.6% replacement for the My Hamilton Alumni Directory. The site serves as an all-in-one online portal for Hamilton community 2020–2024 members to seek, identify, and communicate with one 19.0% another. My Hamilton Connect features an alumni directory, 1980–89 discussion board, a group space for individuals with similar 13.5% interests, in-system messaging, in-system video calls, live chat, and a job board.
TOTAL MY HAMILTON CONNECT MESSAGES SENT BETWEEN USERS:
2,468 JOBS POSTED
1990–99 15.4%
2010–2019 24.3%
110
NANCY L. FORD
2000–2009 14.6%
42
S U P P O R T I N G S T U D E N T O U T C O M E S
HCN Attendees by Graduation Decade TOTAL MY HAMILTON CONNECT USER ACTIVATIONS:
1970–79 9.6%
5,218
1960–69 2.8%
Pre-1960 0.8% 2020–2024 19.0%
TOTAL MY HAMILTON CONNECT ALUMNI ACTIVATIONS:
3,772
1980–89 13.5%
VIRTUAL PROGRAMS MAKE ALUMNI MORE ACCESSIBLE TO STUDENTS
The Hamilton Career Network (HCN) is an event series that connects alumni with other Hamilton graduates, students, and community members around shared career interests. Before the pandemic, when HCN events were held almost entirely in person, very few students could attend, but when the pandemic forced HCN programming to become virtual, nearly 20 percent of attendees were current students or 2020 graduates.
TOTAL MY HAMILTON CONNECT MESSAGES SENT BETWEEN USERS:
2,468 JOBS POSTED
1990–99 15.4%
2010–2019 24.3%
110
2000–2009 14.6%
Fellowship 2.0%
In Transition 2.0%
SUCCESSFUL OUTCOMES
Looking for a Job 1.7%
Even in the midst of a worldwide pandemic, within 10 months of graduation 98.3 percent of Hamilton’s 2020 graduates were employed; pursuing graduate studies, internships, or fellowships (e.g., Fulbrights and Watsons); or were otherwise transitioning to their careers.
Graduate School 14.7% Unpaid Internship 2.2% Paid Internship 2.9%
Employed with a Job 74.4%
Successful Transition 98.2%
SUPPORTING STUDENT OUTCOMES
43
PROOF POINTS Percentage of students who are assigned a career advisor before they arrive on campus:
CAREER PREPARATION Percentage of seniors graduating with at least one internship:
100%
98%
Percentage of all students applying to law school who are accepted:
Typical percentage of all students applying to medical school who are accepted:
82%
80%
Percentage of graduates who were employed or pursuing graduate studies, internships, or fellowships within 10 months of graduation:
Hamilton offers a developmental and comprehensive career preparation program so that students are well prepared to pursue graduate study or seek employment after leaving College Hill.
Percentage of seniors graduating with at least two internships:
83%
98%
Percentage of seniors graduating with four internships:
Percentage of seniors who said they had served as a leader of a campus organization:
76%
19%
EMPLOYMENT FIELDS FOR THE CLASS OF 2020 Finance
15.7%
Business Management
14.2%
Education
11.4%
Healthcare
10.2%
Science & Technology
8.0%
Consulting
6.2%
Marketing & Sales
6.2%
Nonprofit
6.2%
Government
5.6%
Advertising & PR
4.6%
Legal Services
3.7%
Arts
2.8%
Unknown & Other
2.5%
Media
2.2%
Sports & Leisure
44
POSTGRADUATE PLANS FOR THE CLASS OF 2020
GRADUATE STUDY FIELDS FOR THE CLASS OF 2020
Law 5.0%
NUMBER OF ALUMNI WITH CEO, PRESIDENT, EXECUTIVE VICE PRESIDENT, OWNER, FOUNDER, DIRECTOR, OR SIMILAR TITLES:
2,056
Arts 1.7%
Communications 1.7%
More than half of the Class of 2020 secured jobs in finance, business management, education, or healthcare following graduation. A third of the class pursued graduate study in science or math.
Unknown 1.7%
Business Administration 6.7% Science & Math 33.3% Humanities 11.7%
NATIONAL FELLOWSHIPS AND SCHOLARSHIPS (E.G., FULBRIGHT, GOLDWATER, MARSHALL, WATSON) awarded to students since 2000
285
Healthcare 16.7%
Social Sciences 21.7%
0.6%
S U P P O R T I N G S T U D E N T O U T C O M E S
SUPPORTING INTERNSHIPS ELAINE YIP ’21, outside The Rockefeller University during her internship in New York City. JUSTIN LEIGH ’20, at Dutchess Stadium during his internship with the Hudson Valley Renegades in Wappingers Falls, N.Y. MADELEINE DALE ’20,practices soccer during her internship for South Bronx United, where she taught and coached. JAMES ARGO ’22, Outside Goldman Sachs headquarters during his summer internship in New York City. CAROLINE WASHINGTON ’21, Strolls through the Garden Square Arts District in Cleveland, where she participated in an arts program internship.
CAREER CENTER
45
BOB HANDELMAN
LETTER FROM THE CHAIRMAN
Impact is Hamilton’s annual report to its stakeholders.
Following Steve as board chair is a blessing and a curse.
It was first published five years ago because we believe
The College is in a remarkable position because of his
Hamilton is a cause worth your support, and you
leadership and the support you have provided. There is
deserve to know how the College is managing the re-
much more we need to do, however, to secure Hamilton’s
sources you provide.
place among the best liberal arts colleges in the country. We must move ahead even more aggressively to protect
The pages throughout this issue of Impact provide evi-
the value of a Hamilton education and to ensure that to-
dence of the College’s progress in the past year and over
day’s students and those who follow have the same oppor-
time. Even in light of worldwide uncertainty, Hamilton
tunities as those who came before.
pressed forward, achieving remarkable results in student recruitment, alumni engagement, financial security, and,
It is an honor to serve Hamilton, and I’m grateful for the
most importantly, student accomplishment.
opportunity we have to further enrich the education we provide students. Please do what you can to maintain the
I’m grateful for the leadership Steve Sadove ’73 provided
momentum we have built over time. Host an intern, volun-
as board chair the past eight years. Where others may have
teer, attend events, and yes, donate to the Hamilton Fund
seen reason to retrench or maintain the status quo, Steve
and the Because Hamilton campaign. Hamilton’s current
saw opportunity, and the results support his approach.
stability is due, in part, to your past support.
Hamilton continues to get better for our students, and the communities into which they have begun their careers are
Thank you,
benefitting from the leadership and influence our graduates learned on College Hill. David Solomon ’84, P’16 Chairman Board of Trustees
FROM THE CHAIRMAN
47
GLOSSARY AND NOTES COMPREHENSIVE FEE: The comprehensive fee charged by a college includes tuition, room, board, and all required fees. Books, travel, and miscellaneous travel expenses are not included in the comprehensive fee, but are taken into account when Hamilton considers a student’s financial need. DISCOUNT RATE: The Association of Governing Boards of Colleges and Universities defines tuition discounting as the process by which a college offsets its published price (sticker price) with institutional grant aid for enrolling students. The result is the discount rate, the ratio of total institutional grant aid relative to gross revenues at an institution. ENDOWMENT: Investopedia defines an endowment as “a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific purpose. ‘Endowment’ can also refer to the total of a non-profit institution’s investable assets, also known as ‘principal’ or ‘corpus,’ which is meant to be used for operations or programs that are consistent with the wishes of the donor. Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts.” Hamilton’s endowment consists of more than 1,000 separate funds, established by donors, that provide income for College priorities such as student financial aid, faculty salaries, stipends for student summer research and internships, facilities maintenance, and special programs (e.g., performing arts, scientific equipment acquisitions, campus
48
arboretum, choir tour, art acquisitions), among other purposes. In most cases, endowed funds exist in perpetuity and grow to become much larger than the donor’s original gift. Management of Hamilton’s endowment is overseen by a committee of 18 trustees. Due to the generosity of alumni, parents, and friends, and outstanding stewardship provided by the College’s Investment Committee, income earned from Hamilton’s endowment will provide $44.6 million to operate the College in 2020-21. FISCAL YEAR: Hamilton’s fiscal year is July 1 to June 30. HAMILTON FUND: The Hamilton Fund provides approximately four percent of the revenue needed to operate the College each year. Donations are used in the year in which they are received. HEERF: The Higher Education Emergency Relief Funds (HEERF) are several appropriations authorized by Congress to support students and colleges due to the effects of the coronavirus pandemic. JOEL BRISTOL ASSOCIATES: The Joel Bristol Associates is the name of the organization established in 1996 to recognize alumni and friends who have reported to the College that Hamilton is part of their estate plans. Individuals who reach age 70 before the close of the Because Hamilton campaign on June 30, 2023, and who inform the College that Hamilton is part of their estate plans, may
have their intention included in the Because Hamilton totals. MACLENNAN MATCH: Led by an estate gift from James MacLennan ’58, a $12.23 million pool of matching funds is helping donors establish new endowed scholarships of at least $100,000 or add to an existing fund. Gifts of $50,000 or more payable over one to five years are being matched until the pool of money is depleted. NEED-BLIND: Hamilton practices need-blind admission for all first-year domestic applicants, meaning an applicant’s financial need will not be a factor in the admission decision. Family finances may be considered for all international and transfer applicants, and for students offered admission from the waiting list or January admission. It is believed there are only between three and four dozen colleges and universities that practice need-blind admission and that meet the full demonstrated need of the students they admit; Hamilton is one of them.
Hamilton’s peer group is Amherst College, Bates College, Bowdoin College, Carleton College, Colby College, Colgate University, Colorado College, Connecticut College, Davidson College, Grinnell College, Haverford College, Lafayette College, Middlebury College, Mount Holyoke College, Oberlin College, Pomona College, Skidmore College, Smith College, Swarthmore College, Trinity College, Vassar College, Washington & Lee University, Wellesley College, Wesleyan University, and Williams College. PELL GRANT: Pell Grants are need-based grants from the federal government to lowincome students. The percentage of Pell Grant recipients enrolled at a college is an indicator of that institution’s socioeconomic diversity. YIELD: Yield is the percentage of accepted students who choose to enroll at a college. The higher the yield, the more desirable a college.
NESCAC: Hamilton is a charter member of the New England Small College Athletic Conference, which also includes Amherst College, Bates College, Bowdoin College, Colby College, Connecticut College, Middlebury College, Trinity College, Tufts University, Wesleyan University, and Williams College. PEER GROUP: For comparisons, Hamilton references a peer group of 25 colleges that includes all NESCAC colleges (minus Tufts) and other similar liberal arts colleges.
G L O S S A RY A N D N O T E S
ISTOCK PHOTO
Should you have any questions, please contact the relevant divisional head listed below:
DAVID WIPPMAN
President dwippman@hamilton.edu
LORI RAVA DENNISON ’87, P’16
SUZANNE KEEN
KAREN LEACH
MELISSA RICHARDS
MONICA INZER
GILL KING P’16
TERRY MARTINEZ
JOE SHELLEY
Vice President for Advancement ldenniso@hamilton.edu
Vice President for Enrollment Management minzer@hamilton.edu
Vice President for Academic Affairs and Dean of Faculty skeen@hamilton.edu
Chief of Staff and Secretary to the Board of Trustees gking@hamilton.edu
Vice President for Administration and Finance kleach@hamilton.edu
Vice President and Dean of Students tmartine@hamilton.edu
Vice President for Communications and Marketing mfrichar@hamilton.edu
Vice President for Libraries and Information Technology jshelley@hamilton.edu
We encourage you to continue to stay up-to-date on your investment with Hamilton by regularly visiting hamilton.edu/impact2021.
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