Major Gifts enable Alma to make substantial changes that impact current and future students as well as the College’s long-range goals. These include:
Endowed Chair $1 million and Above
One of the most prestigious gifts is an endowed chair. This gift allows the College to attract and retain outstanding faculty by offering additional salary incentives outside the normal scale. The selected professor assumes the chair as part of their title, retaining the honor until retirement when the next endowed chair is named.
Professorship $250,000 and Above
Through the income of an endowed professorship the College can provide an increment beyond a full professor’s average salary. This enables the College to attract and retain the very best faculty, an important distinction for Alma College. The faculty member carries the named professorship title for the academic year.
Lectureship $100,000 and Above
Establishing a lectureship supports the cost of bringing nationally and internationally recognized speakers to campus annually. Emphasizing areas of personal interest, donors can assist in exposing undergraduate students to significant issues through a lectureship series named for the donor.
Achievement Awards $50,000 and Above
Recognizing outstanding faculty and student achievements with small stipends each year is another measure of institutional quality. Existing awards include the Alden W. Hanson Award for student creative problem solving, the Barlow Awards for Faculty Excellence, the Lobdell-Emery Teaching Prize recognizing a non-tenured faculty member, and the Barlow Trophy for student leadership and achievement. Other awards could be established to recognize student or faculty research, outstanding faculty scholarships, curricular innovation or other notable achievements. A donor may choose an area of interest and establish the selection criteria.
Academic Programs/Library Resources $25,000+
A gift to support a donor's area of interest enhances students’ coursework and enables the College to develop additional academic programs -- another measure of quality.
Areas which could be supported include library acquisitions, student overseas travel, Model United Nations Team, archiving historical or photographic collections, performing arts group tours, academic majors or minors and other special activities.
Named Endowed Scholarships $10,000 and Above
Donors can name the scholarship and also specify criteria for eligibility. These ongoing scholarship funds enable Alma College to maintain maximum enrollment and attract quality students in a competitive market.
If you have any question or would like more information on major gifts to Alma College please e-mail Vice President of Advancement Carol Hyble or Regional Director of Advancement Brent Domine or call 1-800-291-1312.