Hamilton IMPACT 2021

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

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ADVANCEMENT 24 ACADEMICS 34 SUPPORTING STUDENT OUTCOMES

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LETTER FROM THE CHAIRMAN

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GLOSSARY AND NOTES

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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.

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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

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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.

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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

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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

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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

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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.

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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

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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

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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

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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

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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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