E-Newsletter, May 2011
May 2011
Dear Parents,
The members of the Class of 2011 proudly tossed their mortarboards in the air on Saturday, and this week we have members of the Class of 2015 coming to campus for Beginnings. Along with the new class, we are also excited to welcome Vice President and Dean of Admission and Financial Aid Daniel Lugo to the F&M community.
You recently received an email from Lawrence Bonchek, M.D., P’91, chair of the Franklin & Marshall Board of Trustees, announcing that President Porterfield’s Inauguration Weekend this fall will encompass Family Weekend and Homecoming. I encourage you to mark your calendar for September 23-25, 2011, which will be a celebration weekend like no other. Much more information will follow on this in the coming weeks, so please stay tuned and consider making your hotel reservations now.
Enjoy the spring weather!
Best,
Summer Send-Off Parties
Each summer, current F&M students and parents are cordially invited to connect with fellow alumni, parents and students to help send off the Class of 2015 to Lancaster.
Mark your calendar for these Summer Send-Off Parties:
Los Angeles
Sunday, July 10, 3 - 5 p.m.
Host: F&M West Coast Regional Admission Office
Woodley Park
6335 Woodley Ave
San Fernando Valley, CA 91316
Metro Baltimore
Sunday, July 31, 2 - 4 p.m.
Hosts: Alice Matsas Garten ‘89 & Maury Garten ‘89
3523 Englemeade Road
Baltimore, MD 21208
Metro Boston
Saturday, August 6, 3 - 5 p.m.
Hosts: Debbie & Alan Kanter P’14
2 Lincoln House Point
Swampscott, MA 01907
Westchester County, N.Y.
Sunday, August 7, 2 - 5 p.m.
Hosts: Kimber & Ray Sanseverino ‘68
65 Carolyn Place
Chappaqua, NY 10514
New Jersey
Sunday, August 7, 2 - 4 p.m.
Hosts: Adrienne & Reed Auerbach ‘80
366 Mendham Road
Private Road 366
House 4
Bernardsville, NJ 07924
Washington, D.C.
Sunday, August 7, 2 - 4 p.m.
Hosts: Kim & Scott Boylan ‘82
2809 34th Pl. NW
Washington, DC 20007
Metro New York
Sunday, August 14, 2 - 4 p.m.
Host: Doug McCormack ‘85
100 United Nations Plaza
48th St. & 1st Ave.
New York, NY 10017
Other Summer Send-Off Parties are in the works in these locations and details will be announced soon.
Connecticut (Litchfield County)
Pittsburgh
Metro Philadelphia
In addition, there will be two other Summer Gatherings for alumni, parents and students. Please plan to attend whether you live in the area or are vacationing nearby:
The Cape
Saturday, July 16, 5 - 7 p.m.
Hosts: Kimberly & Tony Kreisel ‘66
139 Woodland Way
North Chatham, MA 02650
Martha’s Vineyard
Saturday, August 13, 4 - 6 p.m.
Hosts: Carolyn & Winston Lowe P’10
McCurdy House
110 Weaver Lane
Vineyard Haven, MA 02568
Extra, extra!
Did you know that F&M has a weekly online newsletter? The Diplomat, which publishes every Thursday during the academic year, is the best way to stay apprised of news and events on campus. Signing up for weekly alerts is quick and easy. The Diplomat also includes links to the college’s Box Office and cultural events listings, as well as to campus, academic and athletic calendars.
Senior Parents
- Though your student is graduating, we will always consider you to be a member of the Franklin & Marshall community. We urge you to continue to read our website (and/or subscribe to The Diplomat) and to keep spreading the word about F&M. We would love to see you at on-campus and regional events. Keep in touch.
- Parents, families and friends unable to attend Commencement or those interested in a permanent record of the ceremony can order a DVD of Commencement 2011.
- Liberty Mutual has partnered with F&M’s Alumni Association to offer renters insurance to graduating seniors that protects possessions from theft, fire and some types of water damage. This coverage is in effect anywhere -- in the apartment, on vacation or in the car -- with affordable prices as low as $17 a month. More information at 800-524-9400.
The College’s Endowment -- a Primer for Parents
Franklin & Marshall College has a pooled endowment of approximately $300 million -- modest by the standards of many similar private liberal arts institutions. The portfolio contributes about 12% of the operating budget of the College, defraying expenses and enabling programs.
The endowment investment portfolio suffered a significant setback during 2008-2009, as did the economy as a whole. Since that time, returns have rebounded and the portfolio value has been recovering.
Growing this endowment through additional gifts is particularly important for two reasons. One is to support academic excellence by enrolling the most promising students, one of the College’s most important strategic priorities. Including academically talented students of modest means, who otherwise would not be able to afford F&M, strengthens the fabric and diversity of the student body and raises the quality of education throughout the College. The other reason is to reduce the College’s dependency on tuition alone as its primary funding source.
More information on endowment management, including F&M’s principles of socially responsible investing can be found on the Endowment Report for fiscal 2010.
Educational Improvement Tax Credit Program
Do you manage a business or know people who do? Franklin & Marshall College participates in Pennsylvania’s Educational Improvement Tax Credit (EITC) Program. The EITC Program provides a straightforward and cost-effective mechanism through which companies that do business in Pennsylvania can support high-quality educational programming in public schools. More information about the EITC Program can be found on the F&M website.
