Record-breaking fundraising year boosts programs, faculty support, scholarships, and facilities

no image

The Marriott Student Learning Center will create a modern, multipurpose space in Statler Hall. (rendering by Woods Bagot Architects)

Through the generosity of alumni, corporate partners, and friends, the School of Hotel Administration had a record-breaking fundraising year in 2011-12. Gifts were dedicated to funding new initiatives, providing additional scholarships to students, and supporting faculty renewal and research.

Highlights and featured gifts

  • With $19.6 million in new gifts and gift commitments, we reached our highest one-year gift total and surpassed our goal of $9.6 million.
  • The annual fund reached its highest total ever at $1.44 million.
  • The average gift to the school was $11,719, the highest ever for a single giving year.

Baker Program in Real Estate

Richard ’88 and Lisa Baker made a gift in April to restructure the Cornell Program in Real Estate (PRE). The renamed Baker Program in Real Estate is now housed in and governed by SHA and the College of Architecture, Art, and Planning—the two Cornell schools most directly aligned with teaching, research, and professional careers in the field of real estate. The gift more than tripled the PRE's previous $5 million endowment. The Bakers’ total gift was $12 million and included $1 million for the Herbert F. Johnson Museum of Art.

Faculty renewal

Bradley Stone ’77 made a $500,000 gift to establish the Stone Family Faculty Fellowship. With many senior faculty members set to retire in the coming decade, faculty fellowships allow us to hire new outstanding PhDs in advance of position openings. The school is seeking gifts to fund four more fellowships before 2015 to help replenish the faculty as the best candidates become available.

Endowed scholarships

SHA raised more than $3 million this year for new endowed scholarships or new commitments to existing endowed scholarships. These gifts help us maintain our policies of need-blind admissions and need-based financial aid, making it possible to admit students solely on the basis of their potential.

Marriott Student Learning Center

Building upon last year’s lead gift from the J. Willard and Alice S. Marriott Foundation, fundraising for the Marriott Student Learning Center continued. Navin Dimond P ’14, Kirk Kinsell MPS ’80, and Shirley Rodriguez ’57 are among the donors who have given gifts to name spaces within the center. The project, which will be completed in time for the fall 2012 semester, will transform the Nestlé Library, the George B. Mallory ’54 Student Lounge, and the World Atrium into a fully digitized information center with optimized study and meeting space. As technological innovations and developing curricula change the way students learn, the Marriott Student Learning Center will provide Hotelies with the equipment and space they need to succeed.

More Spotlights

service excellence

Service Excellence Online Training

Cornell University Launches New Service Excellence On-Demand Training for groups and organizations.

Read more »
Reflection and transparency in office-building windows

New commercial real estate certificate launches

The Hotel School—powered by eCornell—announces a new online certificate that prepares real estate professionals to successfully develop and manage real estate assets.

Read more »
HR in Hospitality Conference and Expo

HR in Hospitality Conference and Expo

As a Cornell alumnus/alumna or friend, you save $125.00 with Promo Code CIHLER on the only conference on how to use your HR strategy to drive organization-wide success.

Read more »
HLDP Fellows visit Coors Field in Denver, CO

Four Seasons Hotels and Resorts signs on to sponsor HLDP

Four Seasons Hotels and Resorts Signs on to Sponsor HLDP

Read more »
Nathalie Corredor

Featured Advisory Board Member: Nathalie Corredor

Nathalie Corredor is senior vice president of strategy for Hilton Worldwide...

Read more »
Wine Barrels

Statler Hotel's Taverna Banfi donates to earthquake relief effort

Statler Hotel's Taverna Banfi donates to earthquake relief effort

Read more »