Based on current needs of the school, the dean determines the use of discretionary funds to broadly support SHA’s educational mission. Examples of discretionary-fund use include support for student travel to SHA-endorsed conferences and competitions, additional faculty research funds, bringing visiting faculty and industry leaders to campus, seed money for emerging programs, organizing academic conferences, and financing other needs that may arise.
For information on how to give to an existing fund or to establish a new fund, contact Meg Hardie Keibach ’88, associate dean of alumni affairs and development, at 607.255.9542 or firstname.lastname@example.org.
Cornell Annual Fund
No gift benefits SHA as broadly as one made to the Annual Fund. Meeting the current, daily needs of the school, the fund helps us send students to industry conferences, recruit renowned faculty who are trained in research, and provide those faculty with the resources they need to conduct studies and turn out findings that are critical to the hospitality industry. In 2014-15, more than 1,400 individuals made Annual Fund gifts, for a total of $1.85 million in current-use cash. This amount, which is the equivalent of a yearly payout from a $46 million endowment, is a remarkable example of the cumulative power of even modest annual giving.
SHA alumni are renowned as loyal alumni. By making a yearly gift, you can demonstrate that we have the highest level of alumni satisfaction and pride. Each year, requests are made of every alumnus/a of the university to support the Cornell Fund. We encourage you, as a Hotelie, to designate your Annual Fund gift to SHA. No gift is too small!
Endowed scholarships 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 to succeed. These policies ensure that we have a student body that is intelligent, culturally and socioeconomically diverse, leadership-oriented, entrepreneurial, and—most importantly—passionate about the hospitality industry.
We are pleased to showcase four students who are setting higher trajectories for their lives with the help of the donors who are funding their educations. Read more about Eduardo, Sean, Isabella, or Chris:
The school’s scholarship endowments—a list that numbers more than 350—provided a return of about $2.35 million this year, a very significant help but well short of our current financial aid budget of approximately $9 million. To meet this budget fully through investment payout would require more than $125 million in additional scholarship endowment. Every endowed scholarship eases this burden and frees up more funds for other areas of the school’s operating budget.
Meek Scholars Fund
Contributing to the Professor Howard Bagnall Meek Scholars Fund is a wonderful way to honor the man whose vision helped found the School of Hotel Administration. Every donation over $1,000 entitles the contributor to one plaque that will bear his or her name (or someone of the donor’s choosing) and be placed on a seat in the Statler Auditorium.
Gifts, no matter what the amount, help support every facet of Nestlé Library—from enriching our holdings and expanding our resources, to preserving our collections and improving our services with advanced technology. Outright gifts and collection endowments provide the donor with naming opportunities for him or herself or to honor current or past SHA faculty members, fellow colleagues, or someone’s memory. Endowments provide assurance that funding will be available in perpetuity to support the library’s collections and programs.
Book plates in individual volumes acknowledge support. A specific journal title or electronic resource can also be endowed, with credit to the donor’s name in the Cornell University online catalog.
Corporate or individual sponsors are being sought to support SHA’s Scholarly Commons digital library, where researchers and industry professionals from all over the world download over 1,000 important works by SHA’s scholars, our esteemed faculty, and other researchers each day. Over 1,200 papers in business, finance, real estate, and other hospitality-related fields are represented on the site. Its phenomenal level of usage shows SHA’s pre-eminence in its field and the reliance of researchers and professionals on the vital research done there. Please visit the site and contact SHA’s corporate relations team if you have any questions or interest in sponsoring this important aspect of SHA’s work.
Real Estate Databases
As real estate studies continue to grow in scope and popularity across the Cornell campus, access to industry databases is increasingly important. Students, faculty, and researchers rely on access to essential data to fuel coursework and research that is of value to the industry. These resources are seldom made available to universities and are very expensive when available. An endowment gift will ensure sustainable access to these databases, and continue to keep Cornell’s real estate research, tools, and publications output at the forefront.
SHA is committed to building a faculty of trained researchers and outstanding instructors who are regarded, by both the industry and academia, as the most distinguished in hospitality management. Since 2006, we have continued to build a faculty whose intellectual and pedagogical contributions will ensure the relevance and prominence of our academic program and industry outreach for decades to come.
In an effort to increase the current-use funding available to deans for faculty recruitment, the university initiated a Faculty Renewal Program. A gift of $500,000 (payable over five years) allows a donor to establish a faculty fellowship which will be matched by another $500,000 from the school for a total of a $1 million gift credit.
In recent years, the following faculty renewal gifts were received:
- Bradley Stone ’77 made a $500,000 gift to establish the Stone Family Faculty Fellowship, awarded to Matthew Clayton, associate professor of finance.
- Susheel Torgalkar ’99, managing principal at Westbrook Partners Real Estate, and his wife, Sohita Torgalkar, CALS ’98, who is a physician, made a $500,000 gift.
- Chuck Henry ’74, MGA ’76, president of Hotel Capital Advisers, and his wife, Deborah Buell, P ’14 (A&S), a partner in Cleary Gottlieb, Steen, and Hamilton, made a gift in honor of Professor Robert M. Chase.
- Rachel Etess Green ’98, director, owner and partner relations at Loews Hotels, and her husband, Jason Green, owner of Lifton Green, made a $500,000 commitment to fund faculty renewal fellowships.
- Stephen Weisz ’72, President of the Marriott Vacation Club International, and his wife, Linda, parents of Scott Weisz ’01 and Kristen Weisz ’04, made a gift of $920,000 to endow the Weisz Professor of Practice.
SHA sponsors many programs that not only enhance the quality of a student’s education, but also strengthen the entire hospitality industry. Program support comes from current-use gifts that are utilized immediately, or through a program endowment. Examples of endowed programs include:
Hotel Ezra Cornell (HEC) is an annual, weekend-long educational conference hosted by the students of the School of Hotel Administration for leaders of the hospitality industry. Composed of educational seminars, leisure activities, and food-and-beverage events, the weekend strikes a thoughtful balance between education and entertainment. The purpose of the weekend is for students to practice the skills they have learned in the classroom and to showcase their talents to industry professionals.
The Hotel Leadership Development Program (HLDP) is designed for ambitious students who are interested in hospitality operations as a career path. Students may apply to HLDP after having worked in any of the Statler Hotel operations departments for at least one semester. Upon acceptance, students embark on a self-directed path throughout departments in the Statler Hotel to gain skills, knowledge, practical experience, and real supervisory and managerial proficiency. Students in this program maintain a minimum GPA of 2.5, have met basic SHA course requirements, and have demonstrated outstanding job performance and positive attitude in their first job at the hotel.
The National Society of Minorities in Hospitality (NSMH) is a student-run organization with more than forty collegiate chapters nationwide. The organization was co-founded in 1990 by four students at the School of Hotel Administration. The NSMH provides students with a support network of peers, both locally and nationwide, who focus on enhancing their academic and professional growth.
Baker Program in Real Estate
The School of Hotel Administration manages giving on behalf of the Baker Program in Real Estate. To make a gift online, select “other” and designate the Baker Program in Real Estate in the instructions area.
|Individual offices (3)
|101 Sibley Lecture Hall
|Academic director position endowment
|Cornell Real Estate Industry Leadership Award
||$1 million endowment or $40,000 annual current use
|Support the Educational Mission
||minimum $100,000 endowment
|Distinguished Speaker Series
||$500,000 endowment or $20,000 annual current use
|Domestic trip during year one intercession
||$500,000 endowment or $20,000 annual current use
|International trip during year two intercession
||$1.25 million endowment or $50,000 annual current use