November 20, 2012
In honor of Philanthropy Week, which was celebrated Nov. 10-17, purple bows could be seen throughout campus. The bows mapped out the ways in which philanthropy shapes the Stonehill campus for the better. Many building, benches, and scholarships came into existence thanks to the generosity of many philanthropic alumni and friends. In fact, more than 200 bows filled the Financial Aid office, representing the 200+ scholarships created by a benefactor.
Last Monday, student volunteers spent hours hanging the purple bows. The effort was organized by Vice President of Advancement Francis X. Dillion '70 and the Advancement Division. Dillon has spent his professional life cultivating philanthropic support for the College. Below is a copy of a letter which was sent to Stonehill community members about the magnitude philanthropy has on educating Stonehill's students.
Dear Members of the Stonehill Community:
Imagine there was no MacPhaidin Library or Shields Science Center on campus. Imagine if the College didn't have 220 scholarships helping approximately 338 students this year (some scholarships are large enough to benefit more than one student).
Fortunately, we don't have to imagine such things. These resources, along with many others, are part and parcel of who we are today as an academic institution.
Without everyone's generosity, we would be unable to turn our dreams into reality. This isn't a solicitation letter but rather an appreciation for why philanthropy is so critical to Stonehill's future success. Consider, for example:
- Tuition only covers 85 percent of the cost of educating a Stonehill student.
- Capital projects, like the Sally Blair Ames Sports Complex or W.B. Mason Stadium, are only possible by securing loans and raising private funds from gifts.
- Thriving institutions have the ability to adapt and, with the gifts that we receive through the Stonehill College Fund, we have that adaptability.
Today, like many private, liberal arts institutions, Stonehill faces challenging times -- economic uncertainty, rising costs and a demographic decline in the number of high school graduates.
And, with rising college costs, families are questioning the value of a liberal arts education, particularly at a high-quality private college. A recent poll found that families ranked "availability of financial aid" and "cost of attendance" among the top factors driving their college choice.
These challenges aren't insurmountable, but they are big and they are real. Philanthropy makes the difference in our ability to meet these challenges with confidence. In Advancement, we look forward to collaborating with you, our campus colleagues, as we raise the funds to keep Stonehill on the path of continued progress and success.
Francis X. Dillon '70
Vice President for Advancement
For more information, contact Communications and Media Relations at 508-565-1321.