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Campaign chair Wally Weisman joins Warren and
Katharine Schlinger, whose $20 million pledge pushed Caltech’s campaign
over the $1 billion threshold.
Campaign
Crosses $1 Billion Mark
By Vannessa
Dodson
On January
25, the campus community gathered in Caltech’s Beckman Auditorium
for an important announcement: With three years to go, the Institute’s
benefactors have already provided $1 billion in new gifts and pledges
toward the $1.4 billion “There’s only one. Caltech”
campaign goal.
Opening the
afternoon event’s program, campaign chairman Wally Weisman remarked,
“The last time I addressed the Institute community was at the public
launch of the campaign in October 2002. We have been working hard and
wanted to give you an update on the campaign’s progress.”
Progress
indeed. For example, $45 million has been raised for professorial chairs,
including the Richard and Barbara Rosenberg Professorship of History and
Social Science, now occupied by Philip Hoffman; $20 million for graduate
fellowships, such as the Oringer Fellowship in Information Science and
Technology (see article, page 8); and $72 million for research initiatives,
including the Engineering Immunity project funded by the Skirball Foundation.
Likewise, the campaign’s first capital project—the restoration
of Dabney Hall—is already complete; renovation of the South Houses
is scheduled to begin in summer 2005; and Caltech is moving forward with
plans for a number of new facilities, among them the Cahill Center for
Astronomy and Astrophysics; the Walter and Leonore Annenberg Center for
Information Science and Technology; and the Campus Center, which received
its lead gift from Benjamin Rosen ’54, who stepped down earlier
this year as chair of the Caltech Board of Trustees. Moreover, $158 million
of the $300 million committed by the Gordon and Betty Moore Foundation
has been designated to campaign objectives that include the Thirty Meter
Telescope (TMT), new nanoscience initiatives, and the Tectonics Observatory.
In all, grant funding for eight projects has already been approved through
the Moore Foundation’s campaign commitment.
“But
we’re not finished,” Weisman said. To reach Caltech’s
financial goal, nearly $400 million more must be raised during the next
three years. Funding is still needed to fulfill projects like the improvement
of the student houses, to launch the Global Environmental Science initiative,
to support the Information Science and Technology research centers, and
to build much-needed endowment.
Anneila Sargent,
PhD ’77, the Rosen Professor of Astronomy and director of Caltech’s
Owens Valley Radio Observatory, told the audience how the campaign is
supporting faculty research initiatives. “We are encouraged to dream,”
she remarked. And benefactors are helping her in realizing her own dream,
the Combined Array for Research in Millimeter-wave Astronomy (CARMA).
Once complete, CARMA will provide instrumentation an order of magnitude
more powerful than present radio-telescope arrays, making it possible
to conduct studies that will directly address some of the most important
questions in astrophysics today.
Providing
a student’s perspective, Caltech sophomore Ben Golub commented on
the impact that philanthropy has already had on his academic career. As
the 2004 beneficiary of the Associates SURF (Summer Undergraduate Research
Fellowships) award, Ben had the opportunity to pursue a summer research
project in pure mathematics. “At the deepest level, you are funding
a feeling of freedom, and a knowledge of the nature of science at its
best,” he said.
Finally,
Caltech benefactor Carl Larson ’52 explained that for him and his
wife, Shirley, supporting the Institute is an investment. In return, he
said, “we are allowed to feel we’re part of this great institution.”
Like a good investment, “you give us back more than we put in.”
Before closing
the afternoon event, Caltech president David Baltimore announced the generous
gift responsible for propelling the campaign over the $1 billion threshold.
“Just as Gordon and Betty Moore’s commitment launched us into
this campaign effort, another Caltech couple is responsible for pushing
us over the $1 billion mark,” Baltimore remarked. “I am pleased
to announce that Warren and Katharine Schlinger have graciously increased
their campaign pledge to $20 million. Their additional commitment provides
the lead gift toward a new facility for Chemistry and Chemical Engineering.”
The new building will be named the Warren and Katharine Schlinger Laboratory
for Chemistry and Chemical Engineering, in recognition of their generosity.
Schlinger is a three-time Institute graduate (BS ’44, MS ’46,
PhD ’49).
“You
may be wondering just how you raise $1 billion,” Baltimore said.
“One donor, one dollar at a time.” From building Caltech’s
endowment to funding vital capital projects, support raised through the
campaign will enable faculty, research staff, and students to carry out
the Institute’s ambitious research and academic objectives.
“Reaching
$1 billion is a significant achievement,” Baltimore said. “But
there is much more to do. Funds raised through the campaign will fuel
the next generation of Caltech luminaries who are working to answer the
most intriguing questions of our time. Every gift and pledge to our campaign
helps us reach our goal.”
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