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spring 2000  
Paganuccis Endow Chair in Italian
Another chapter is written in a long history of support
  Campaign for Colby tops $150 million
  Davis Electronic Research Classroom

by Stephen Collins '74

In the previous issue, Colby reported that The Campaign for Colby, launched in 1994 as a $100-million capital fund drive, was an unprecedented success that raised $145 million. But after an unexpectedly strong final month, the campaign closed December 31 having raised $150,598,315. It was the most successful private fund-raising effort in Maine history.

The campaign raised two and a half times the cumulative amount raised by all previous Colby capital campaigns. Various gifts in late December helped to push the final tally past $150 million, among them a $100,000 gift from trustee Paul Schupf for a sculpture garden that will bear his name at the Museum of Art and his gift of the Alex Katz painting Pas de Deux to the museum's permanent collection. The 11-foot tall, 30-foot long oil painting, considered a signature piece by Katz, had been on long-term loan to the museum as part of the Katz oeuvre exhibited in the museum's Schupf Wing.

"The College is much stronger as a result of the campaign, but the campaign has not made Colby wealthy," said Vice President for Alumni Relations and Development Peyton R. Helm. "People supported this effort so generously because we have a long history of fiscal prudence. Colby will-by necessity and by choice-continue that tradition of financial discipline."


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Colby Magazine, Spring 2000, vol 89 n 2
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