Without state or other tax support, private residential liberal arts colleges rely on donors to help offset the true cost of this outstanding higher education. Whether from individuals, corporations or foundations, those contributions are vital for private liberal arts colleges’ ability to keep their educational experience available to all who can benefit. Each college manages an endowment – generally built over the years by those who believe in supporting higher education in perpetuity — that helps support financial operations, much of it student aid.
Philanthropy is a practice that is fostered among our students as well, not just to support their alma mater, but to be good citizens of the world. Investing in causes one believes in – be it higher education or other worthy efforts – includes both participation and financial support.