CAMPAIGN REPORT 2017
Maleni Palacios Delgado ’20
“I knew I was in the right place, surrounded by a community of women who also have an urgency to pay it forward...” “I vividly remember my first class at Barnard, Intro to Economic Development. Professor Tolonen introduced the course and made it seem as though this was the subject of the future. It made me realize how it truly is our duty as citizens to create parity across all spectrums and help individuals and institutions all develop, because at the end of the day we all live on planet Earth. The moment was striking. I knew I was in the right place, surrounded by a community of women who also have an urgency to pay it forward and help communities develop whether on a global or individual scale.” Maleni Palacios Delgado ’20 (See Cover) Double major in Economics and Computer Science
A Letter From The President
A S I G E T T O K N O W B A R N A R D better with each passing day and every encounter, I can say without hesitation that I cannot imagine a more exciting place to be. This is a community for whom academic excellence and intellectual rigor stand at the heart of all that we do. This is a community that values its legacy, its alumnae, its faculty and staff—and, most importantly, the students who come here to benefit from it all and go on to shape the world in so many positive ways.
Barnard is here to help them do just that. And with The Bold Standard, the future looks brighter than ever for these incredible young women. What the Campaign has done to date is truly impressive and speaks to the power of our collective commitment. Not only is the College a place for intellectual boldness, but we are paving the way for financial boldness as well. We have raised over $325 million to date and are grateful to all who have given so generously and with so much passion for our mission. We are eager to build on the success we have achieved thus far so that we can continue to secure Barnard’s position at the forefront of higher education. Building the endowment remains a focus of the Campaign, and the incredible $10 million matching gift from Diana and Roy Vagelos for endowed financial aid will certainly support our efforts in this regard. Endowed financial aid helps ensure that our students, regardless of need, can thrive at Barnard and graduate with the lowest possible financial burden. And because annual giving is also a vital component of what we do, we are excited about our new leadership annual giving program, The Blue & Bold Society. Each and every gift counts toward the Campaign, no matter the size, and we encourage everyone to participate. And soon, in Fall 2018, we will open the doors of The Cheryl and Philip Milstein Teaching and Learning Center. We are working hard on the final touches to the building, and I know that it will be a powerful reflection of Barnard’s spirit, ambition, and goals. I invite you to join us—together we can embrace all that lies ahead.
Sian Leah Beilock, President, Barnard College 1
Campaign Overview
— Campaign Progress $325 Million Raised As of December 31, 2017
$101.7 Million
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$57.1 Million
Planned Giving
Annual Operating Support
$74.6 Million Endowment
The Milstein Center
$91.7 Million
Campaign Overview
— Giving Opportunities The Bold Standard ensures that we will be able to sustain our institutional excellence far into the future. Join us in the most ambitious fundraising initiative the College has ever undertaken.
Endowed Funds
Planned Giving
Student Support: Fund the future by endowing a scholarship. Help Barnard meet its commitment to providing financial aid to all qualified applicants and receive the satisfaction that you will be making a difference in the lives of bright, hard-working young women for generations to come.
Planned gifts—including contributions through wills, trusts, retirement plans, and charitable gift annuities—have been a significant source of support for the College throughout its history.
Faculty Support: Bolster academic excellence by investing in great scholars and educators. Supporting Barnard’s faculty by establishing an endowed professorship or endowed faculty research fund is one of the most important and gratifying ways that donors can sustain Barnard’s excellence.
The Cheryl and Philip Milstein Teaching and Learning Center Raise academics to new heights by supporting The Milstein Center. Donors making leadershiplevel gifts will be able to choose from a variety of naming opportunities within the new building.
Annual Giving Annual gifts have immediate impact. Donors can choose to designate their gift for financial aid, faculty support, campus renewal, or wherever Barnard needs it most. Annual support is a critical priority of The Bold Standard. Thousands of gifts from alumnae, parents, and friends add up quickly to have a significant impact on the College each year.
For more information, please visit theboldstandard.barnard.edu.
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Impact of Philanthropy
— Igniting Intellectual Curiosity
Lisa and Tom Blumenthal P’19 believe that learning should never be boring. Good teaching is about igniting students’ intellectual curiosity, creating lifetime learners who constantly seek to connect the dots across disciplines in a rapidly changing world. Inspired by Barnard’s Committee on Online and On-Campus Learning—a Presidential Taskforce that makes small grants to enable the faculty to take bold academic risk—the Blumenthals established The Fund for Innovation in Teaching at Barnard this past year. For the Blumenthals, “Participation in The Bold Standard campaign, whether $10 or tens of millions, is a vote in support of Barnard’s mission, strategy, and culture. We endowed The Fund for Innovation in Teaching to provide dedicated support for the faculty’s creative ideas—digital or otherwise—to enhance students’ academic experiences and connect their classrooms to the world in which they live. We look forward to seeing the innovations that Barnard’s talented faculty will bring to the student experience.”
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Provost Linda Bell notes: “We are deeply honored to be the recipient of the Blumenthals’ generosity and farsighted philanthropy. Faculty members from across Barnard’s departments applied for funding and we are thrilled with the creativity that the first round of approved grants exhibits.” One of those projects is a new course designed by Associate Professor of History Premilla Nadasen, which focuses on welfare in America and interfaces with the Mississippi Low-Income Child Care Initiative (MLICCI). The course will combine classroom-based study of the history of economic inequality in America, training in GIS mapping and data digitization, and on-the-ground fieldwork with the MLICCI during spring break. The Blumenthals hope that their support of Barnard’s faculty will spark the imaginations and curiosity of future generations of women leaders.
Impact of Philanthropy
— Investing in the Future Barnard’s faculty is the heart of our academic excellence. A community of dedicated, highly distinguished scholars, faculty members maintain a high level of dedication as teachers and mentors, and consistently demand rigor and creativity from their students. Decades after graduation, our alumnae still warmly remember the professors whose words and guidance helped lead them to discover their passions. Supporting Barnard’s faculty is one of the most important and gratifying ways that donors can sustain the College’s excellence. Colleen Ritzau Leth ’08, inspired by her time performing research on cultural property law in Cairo while a junior at Barnard, chose to do just that by establishing an endowed faculty research fund.
Above — Paige West, Claire Tow Professor of Anthropology
Says Leth, “The tradition of giving back, especially to educational institutions, has been instilled in my family for generations; I wanted to honor that while supporting Barnard—a place and community close to my heart.” Paige West, the Claire Tow Professor of Anthropology, was the inaugural recipient of research grant funds from Colleen’s gift. West studies the relationship between societies and their environments. She does much of her field work in Papua New Guinea, and regularly involves Barnard undergraduates in that work—bonds that often endure well beyond the student’s time at the College. “I found my passion for teaching at Barnard,” says Professor West. “I realized almost immediately that these students would inspire me. Their energy in the classroom, their desire to learn, and their fierce engagement with ideas really drives me to be the best teacher I can be.” 5
Impact of Philanthropy
— Diversity and Inclusion Initiatives
Barnard’s core mission is to rigorously educate and empower women, providing them with the ability to think, discern, and move effectively in the world—a world that is different from when the College was founded. Now more than ever, the success of our mission depends on the extent to which our community is diverse, inclusive, and equitable. Academic excellence is impossible without the unique perspectives, ideas, approaches, and contributions that come from having the broadest diversity of students, faculty, and staff across the College. The Andrew W. Mellon Foundation, one of Barnard’s most generous institutional funders, awarded a Mid-Career Presidential Grant to Barnard last year to support activities connected to the College’s focus on diversity and inclusion. Funds from the grant were directed to three projects. A portion of the grant supported the work of the President’s Task Force on Diversity and Inclusion, chaired by Professor of Sociology Debra Minkoff. Following a year of analysis and discussion, the Task Force made a number of recommendations focused on developing new organizational 6
structures and practices that enhance diversity as we strive for a more inclusive community; fostering a shared community and commitment to diversity, inclusion, and equity; and instituting campus-wide mechanisms of assessment and accountability in order to ensure constant, sustained, and effective systemic change. Funds are also supporting a multi-part series on the topic of “inclusive pedagogy,” which will include a major keynote speaker event and ongoing discussions with faculty on their experiences implementing inclusive pedagogy practices. The final component of the Mellon grant supports the creation of an Inclusive Pedagogy Fund, which provides small grants for Barnard faculty to support research and promote curricular innovation relating to diversity and inclusion in higher education. Says Minkoff, “To become the inclusive community we aspire to be, we must treat each other equitably and with respect, creating an environment where no voices are silenced and all of us can thrive.”
Impact of Philanthropy
— Real World Experiences
To enhance students’ rigorous liberal arts foundation and guide them in their career development, Barnard was pleased to launch The Shvidler Fellows program during the 2016-17 academic year. Through a competitive application process, 16 students were selected to participate in the program. Over the course of two semesters, the Shvidler Fellows were invited as a group to a series of “Executive Sessions” at top-tier businesses and nonprofit organizations around New York. Each of these sessions were hosted by that organization’s leader, and Fellows had the opportunity to hear their personal stories, learn about their sectors and industries, and make what we hope will be valuable career connections. The program was funded through a generous gift from Eugene Shvidler P’20, who recognizes that a strong career development program is integral to the Barnard experience. As a master’s student at Fordham University, he had the opportunity to take part in a series of conversations with chief executives and business leaders around New York. The experience helped Mr. Shvidler land his first job and set him on his career path. Says Shvidler, “It was life-changing for me and I wanted to give
Barnard students a similar opportunity to meet people from different sectors and make useful connections in the real world.” During the 2016-17 year, Fellows met with Dr. Lida Orzeck ’68, CEO and co-founder of lingerie and sleepwear company Hanky Panky; Dr. Alison Estabrook ’74, Chief of the Comprehensive Breast Center at Mount Sinai-Roosevelt Hospital; Ari Rubenstein, CEO and co-founder of trading and technology firm GTS; Ruth Messinger, Global Ambassador of the American Jewish World Service; and Allen Salmasi P’17, Chairman and CEO of venture capital firm NLabs, Inc. The Fellows are also mentored by Barnard alumna Marina Lewin ’80, a seasoned executive recognized for her leadership and mentoring across industries. “The executives’ diverse points of view, the different things that motivate them to get up in the morning and strive to become still better at what they do, are proof that there is no single definition of success,” writes Fellow Cary Chapman ’18.
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Scholarship Support
Scholarship Donor Ann-Marie Halsted ’89 “As a first-generation college student from the small mill town of Windham, Connecticut, I thrived in the College’s metropolitan, multicultural environment. I established the Halsted Family Memorial Scholarship out of gratitude for the education and support that I received at Barnard and also to honor the memory of my mother-in-law, Dr. Crystie Halsted ’58, a Barnard chemistry major who went on to have a long career as a physician and a pioneer in treating AIDS and other infectious diseases in children.”
Scholarship Recipient Sainab Awokoya ’19 “Receiving financial aid from the College has played a big role in my success—just knowing that people are supporting me and my dreams by giving to this institution is incredible. Once I’m an alumna, I know I will give back to help someone else start their own chapter at Barnard.”
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Scholarship Support
Making Success Accessible Thanks to the generosity of donors, Barnard transforms the lives of students who would not be able to attend the College without financial aid. Barnard meets 100 percent of demonstrated need for incoming students each year. We adhere to a fully need-blind admissions policy, admitting increasingly diverse, selective classes of students regardless of their financial background. Approximately 50 percent of Barnard students receive some form of financial aid. More than $40 million in grants is awarded annually, and the average aid awarded is $47,069. As a result, Barnard women graduate with an average student loan burden of $17,039—well below the national average. Endowed scholarship funds ensure that aid money is available in perpetuity to help Barnard students afford tuition costs. These funds are permanently invested in Barnard’s endowment and, each year, an amount equal to approximately 5 percent of each fund’s value is made available in the College’s operating budget for financial aid support. Keeping the Barnard experience accessible to all students depends on strong financial aid powered by a growing endowment. Increasing the endowment—particularly for financial aid—is the College’s highest fiscal priority.
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Scholarship Support
Inspired Giving
“...there are many young women whose talents deserve investment by those of us who have had the benefit of a highDiana T. Vagelos ’55 and P. Roy Vagelos, M.D. understand the value of investing in students. Both quality undergraduate benefited from scholarships—Diana during her time at Barnard and Roy at his undergraduate alma education.”
mater, the University of Pennsylvania. The couple, who were both raised by immigrant parents from Diana T. Vagelos ’55 Greece, are renowned for a range of volunteer and philanthropic initiatives, including their “Having been a scholarship student myself, I fully generous $20 million lead gift to The Bold understand the challenge faced by ambitious, Standard. While the pair was being honored at Barnard’s 2017 gala, Roy surprised Diana by making self-reliant young women whose financial circumstances require that they rely on others an additional $10 million commitment for financial in order to achieve their educational goals,” said aid. This latest gift—the largest single endowed Diana. “Roy and I believe that there are many gift for financial aid in Barnard’s history—has been young women whose talents deserve investment established as a matching grant to encourage by those of us who have had the benefit of a additional contributions to the College’s financial high-quality undergraduate education.” aid endowment. The Vageloses’ generosity is designed to be inspirational and inclusive by offering other donors the opportunity to expand their own philanthropy in a significant way. Gifts to establish or add to an endowed scholarship fund are being matched dollar for dollar, immediately increasing the fund’s value and strengthening Barnard’s commitment to provide financial aid to all of its exceptional students regardless of their economic circumstances.
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Scholarship Support
Diana T. Vagelos ’55 and P. Roy Vagelos, M.D.
Donors can participate in this important challenge in a number of ways: Make a gift of $50,000 to $1 million to endow a new scholarship and receive a 1:1 match directed to your fund.
Make a gift of $5,000 or more to an existing endowed scholarship fund—such as a class scholarship or a regional scholarship—and have it matched 1:1.
Make a planned gift and have a contribution equal to 50% made in your name to The Bold Impact Scholarship Fund.
You will have the satisfaction of knowing that your gift will make a difference in the lives of bright, hard-working young women for generations to come.
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Big Dreams with the Square Footage to Match
The Milstein Center
AT THE HEART OF BARNARD’S MISSION
is a commitment to teaching and learning. This ongoing pursuit calls for a facility that brings technology fully into classrooms and research experiences and provides thoughtfully designed spaces for reflection and collaboration. The Cheryl and Philip Milstein Teaching and Learning Center, which is being built on the former site of Lehman Hall, has been conceived— in design, structure, and program—to celebrate our stellar faculty, ambitious students, and dedicated staff.
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A Home for Ideas and Activity
The Milstein Center
WHEN THE MILSTEIN CENTER OPENS
in fall 2018, it will stand at the core of both a Barnard education and our campus in Morningside Heights. It will bring students and faculty together, facilitating collaboration and fostering dialogue. With a base of five floors and a tower of eleven floors aligned with Altschul Hall, the Center will be nearly double the size of the building it replaces. To better serve the needs of a new generation of students, the Center will include a new kind of library—one that incorporates current technologies and learning spaces in an interactive setting. Furthermore, it will be a dynamic academic hub of the campus, linking departments and disciplines both physically and philosophically.
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The Milstein Center
— A Diverse Range of Innovative, Essential Resources The Milstein Center will provide the following—
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A library with a core collection of books and journals to support a strong liberal arts education. It will be 30% larger than our former library, with expanded space for special collections and archives.
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Innovative teaching centers for empirical reasoning, digital humanities, design, multimedia, movement, and pedagogy, which utilize new media and digital technologies.
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The Vagelos Computational Science Center, equipped to facilitate students’ understanding of how data technology can help find solutions to complex problems.
Additional Features Include * Flexible, technologically current classrooms for seminars and large group instruction * Conference facilities connected to meeting and event spaces in The Diana Center * Departmental offices for economics, history, political science, and urban studies
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* New homes for the Barnard Center for Research on Women and the Athena Center for Leadership Studies * Outdoor terraces that extend the green spaces on campus * Inviting student spaces that include a café and study areas for individuals and groups
The Milstein Center
— Teaching and Learning Center Name Revealed
During the 2016-17 academic year, Barnard proudly announced that its new teaching and learning center will be named in honor of Board of Trustees vice chair and alumna Cheryl Glicker Milstein ’82 and Columbia College alumnus and trustee emeritus Philip Milstein ’71. The Cheryl and Philip Milstein Teaching and Learning Center, a 128,000 square foot facility designed by the award-winning architecture firm Skidmore, Owings & Merrill LLP, is funded in part by a $25 million gift from the Milstein family to The Bold Standard campaign. Jolyne Caruso-FitzGerald, Chair of the Board, expressed the College’s gratitude: “On behalf of the Board of Trustees, we cannot be more grateful to the Milstein family or more excited to watch The Milstein Center take shape. This building will bring so much to our campus and our students, allowing the College to continue to produce the boldest and most inspiring young women—women who will go out into the world and change it. We owe Cheryl and Philip tremendous thanks for helping us open these doors.” 17
Planned Giving
— Thoughtful Planning, Bold Impact Enhancing Barnard’s future strength is at the heart of The Bold Standard campaign and that is what planned giving is all about.
Planned gifts can help donors meet their financial and charitable goals while supporting Barnard in the long term. And now, through our current matching gift program, planned gifts can also have an immediate impact on today’s students.
How You Can Participate:
1.
Name Barnard in your will or trust, as a beneficiary of your retirement plan, or set up another type of planned gift.
2.
The Bold Impact Scholarship Fund is an endowed fund designated for the support of students who are able to attend Barnard only with the help of financial aid. Barnard selects the students who will benefit from the scholarship fund each year, and all donors participating in the challenge will receive annual updates about the scholarship recipients.
Notify Barnard of your plans.
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A contribution equal to 50% of your planned gift will be made in your name now to The Bold Impact Scholarship Fund, supporting current Barnard students.
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To learn more about this special way to support Barnard, visit theboldstandard.barnard.edu/ boldimpactchallenge.
Planned Giving
Annette Kahn ’67 “‘ What are you going to do for a living with an art history major? ’ demanded my bewildered parents of their Barnard daughter, the first female on both sides of our family to attend college. After beginning what became a lengthy career as a magazine editor—something I had only dreamed of as a girl—they stopped asking. Barnard provided the educational framework for personal growth, an expanded world view, and the belief that aspirations can become realities. The gift in my will is a big ‘thank you,’ one that could not be more heartfelt. Barnard will enable many others to achieve their dreams or forge new paths.”
Diana Calvo ’98 “I grew up in a working class family; my mother was a school teacher, my father a postal worker. I was able to attend Barnard because of an extremely generous, anonymous grant from someone who believed in Barnard and its students. That unknown person has had a profound impact on my life. For me, there is nothing to debate when it comes to providing Barnard with financial support—now and for the future. I believe in Barnard, its role in shaping the lives of women, and the unlimited possibility of Barnard students and alumnae to continue making our world a better place.”
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Annual Giving
Michelle Hsu ’85 “I recall the uniqueness and diversity of my own experience at Barnard— discussing Maxine Hong Kingston in an English class, studying Chinese, volunteering at a soup kitchen, and attending ballet performances at Lincoln Center. Not many institutions can offer students that range of opportunities. I give to help ensure that other young women have the opportunity to experience the uniqueness of Barnard.”
Sarah Andrews ’10 “So much of what I gained at Barnard is because of the generosity of those who came before me. Now that I am in a position to give back, I do so to provide the next generation of young women— and leaders—with the fullness of what Barnard has to offer.”
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Annual Giving
— Lead by Example Annual giving is vital to Barnard’s mission and a critical priority of The Bold Standard. We were pleased to launch The Blue & Bold Society last year to recognize our most steadfast and generous annual donors. Leadership annual gifts make a bold impact. They help the College meet its immediate needs and set an inspiring example of paying it forward. By joining The Blue & Bold Society with an annual gift of $2,500 or more, donors provide critical funding for all the programs, activities, and services that enhance educational and student life at the College. Annual gifts reinforce the hallmarks of the Barnard experience—including fully need-blind admissions, a world-class faculty, student travel and internship opportunities, scholarly research, faculty-student research collaborations, career development programs, and a vibrant campus life.
Members of The Blue & Bold Society help to make a Barnard education accessible to all students. In return, we are pleased to provide them with unparalleled access to all that Barnard has to offer through a variety of unique opportunities and benefits that enrich their relationship to the College. To learn more, visit barnard.edu/blueandbold.
Alumnae who have graduated in the last 10 years have the opportunity to join at a special discounted rate.
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Office of Development B A R N A R D C O L L E G E Columbia University 3009 Broadway New York, NY 10027