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Colby's Alumni Fund will play a critical role in Reaching the World: A Campaign for Colby. Fifteen percent of the total $235-million campaign goal is expected to come from Alumni Fund giving, and recent changes in the fund's gift clubs are designed to help achieve that.
Colby's gift club levels remained unchanged for more than 30 years. In response to changing economic times, most of our peer institutions have increased their giving levels, which contributed to a disparity between the size of their funds and Colby's. This disparity translates into a difference in the programs and resources those schools can offer.
Colby's new gift club structure was carefully crafted in consultation with many alumni volunteers. Beginning this fiscal year (July 1, 2006, through June 30, 2007) the entry level for the President's Club increased from $1,000 to $1,500. The 1813 Guild ($250-$499) and the Lovejoy Associates ($500-$999) have been eliminated. Young alumni may join the President's Club at $250 (one to four years post-graduation) and $750 (five to nine years post-graduation).
"We feel strongly, and we hope you will agree," said Alumni Fund Committee Chair Jessica D'Ercole Stanton '92 in a letter to alumni, "that these changes help establish reasonable goals for Colby alumni. We believe this new structure will contribute greatly to the vitality and competitiveness of the College. Your dedication ensures that Colby can continue to provide exceptional academic opportunities for future generations of students." Stanton expressed her gratitude, on behalf of the College, for past and future support of the Alumni Fund.
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