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Benefits of an endowment

by Melinda Pradarelli

Cornell’s mission is to empower students for success through productive careers and service to the global community. The college realizes this mission through a commitment to a rigorous curriculum, an active intellectual and co-curricular life on campus, and through faculty and staff members who serve as mentors. An appropriate endowment can provide forever for students:

• The most outstanding teaching faculty available in the marketplace.
• The means for fine students to afford a Cornell education through scholarships.
• The experience to learn within academic centers of excellence that fit the needs of our times.
• The opportunities to engage, as a routine and not an exception, in a range of exciting research projects with their professors.
• The opportunities to choose among many study-abroad options.
• The exposure to public figures and cultural experiences that forever broaden their lives.
• The advantages of familiarity with cutting-edge technology in their learning experiences in every major field offered by Cornell.
• A leg up among their peers in competitive career searches through early opportunities to participate in donor-funded work internships.

Endowments (in millions and per student) of the Associated Colleges of the Midwest (ACM) and the Great Lakes Colleges Association (GLCA) for 2002-2003. [Endowment source: Chronicle of Higher Education; endowment per student is derived from 2002-03 enrollment statistics from 2004 Higher Education Directory, published by Higher Education Publications Inc., edited by Jeanne M. Burke.]
COLLEGE	ENDOWMENT	PER STUDENT
Albion Antioch Beloit Carleton Coe Colorado Cornell Denison DePauw Earlham Grinnell Hope Kalamazoo Kenyon Knox Lake Forest Lawrence Macalester Monmouth Oberlin Ohio Wesleyan Ripon St. Olaf Wabash Wooster	127 26 86 452 44 372 50 399 376 301 1,112 104 117 125 44 56 164 436 28 538 114 34 153 298 184	76,598 44,674 67,135 233,954 33,208 192,746 50,150 192,197 160,821 278,704 847,561 34,267 92,563 80,593 39,819 43,277 119,360 236,957 25,712 188,904 59,623 34,448 50,312 326,754 99,138