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Above & Beyond CORNELL SEEKS TO RAISE
$4 BILLION
AT A PRESS CONFERENCE HELD AT WEILL CORNELL MEDICAL
College in New York City on October 26--just as this issue of
CAM was going to press--University officials announced a fiveyear
capital campaign with a goal of
$4 billion. This fundraising effort is
the largest in Cornell's history.
Co-chairs for "Far Above . . . The
Campaign for Cornell" are trustees
Jan Rock Zubrow '77, Stephen Ashley
'62, MBA '64, and Robert Appel
'53. President David Skorton will play a major role in meeting
with prospective donors to explain the campaign's importance to
the future of the University. Funds will be raised for both the
Ithaca and New York City campuses, as well as for collaborative
efforts focusing on biomedical research. The campaign priorities
center on three areas: students, with an emphasis on increasing financial
support for both undergraduates and graduate students;
faculty, especially with regard to recruiting the "next generation"
to replace the many faculty expected to retire in the coming
decade; and facilities, including the
Life Sciences Technology Building,
Milstein Hall, a new physical sciences
building, and an information
science campus, as well as planned
renovations to the historic buildings
on the Arts Quad.
The quiet phase of the capital campaign began two years ago,
and nearly $1 billion has been raised so far. The Board of Trustees
approved the $4 billion goal in September, and the public phase
of the campaign is expected to conclude on December 31, 2011.
Look for a more extensive report on the campaign priorities in
the next issue of CAM.
Koolhaas Connects FAMED ARCHITECT OFFERS
THIRD DESIGN FOR
MILSTEIN HALL

"THIS HAS BEEN A LONG JOURNEY," AAP
Dean Mohsen Mostafavi told the more
than 800 people who attended the unveiling
of Milstein Hall: Take Three in Bailey
Hall on September 19.He wasn't just waxing
dramatic. The new design is the latest
chapter in an architectural saga that began
in 2000, when philanthropist Paul Milstein
and his family gave $10 million toward a
new building for the College of Architecture,
Art, and Planning. The initial
design--a seven-story cube by Steven Holl Architects--proved
unworkable, while a
long, narrow structure proposed by a
Berlin firm in 2002 faded with more of a
whimper than a bang. The new version, by
renowned Dutch architect Rem Koolhaas,
appears to be on the fast-track for construction:
groundbreaking on the $40 million
project is planned for early 2007, with
completion two years later.
Unlike its predecessors, the latest Milstein
design doesn't require the demolition
of Rand Hall; instead, it fills the rather grim construction-staging
area
behind Sibley, which Koolhaas repeatedly
called "a war zone" during his presentation,
and links the two buildings with the
Foundry at the edge of Fall Creek Gorge.
The aim, Koolhaas told the Bailey Hall
audience, was to "create a place where
there is no place, create a connection
where there is disconnection." The threestory,
43,000-square-foot structure--
whose upper floors will stretch across
University Avenue--will include an auditorium,
a vast roof deck, the Fine Arts
Library, studios, and a long-desired lecture
hall. Its modernist design features
floor-to-ceiling windows, a grid of skylights,
and a "bump" that both defines the
shape of the auditorium and creates a
central lobby.
Undecided CU PONDERS OPTIONS ON EARLY DECISION
THE SEPTEMBER ANNOUNCEMENTS THAT HARVARD AND PRINCETON WILL DISCONTINUE
early decision in admissions as of next fall may have made headlines,
but Cornell has
been questioning the value of the practice "for some time," says
Provost Biddy Martin. Early
decision--which offers applicants the chance to settle their college
plans months in advance
of the regular deadline in exchange for a binding promise to attend
the university that
admits them--has been criticized as unfair to needier students, on
the grounds that it keeps
them from comparing potential financial aid packages offered by multiple
schools.
"Because of our concerns about the potential for inequities, we have
worked to limit
the percentage of early decision matriculants at Cornell,"Martin
says. "We are reviewing
the data we have collected over time, comparing our policies to those
of our peers, and
consulting with a number of constituencies as we consider what would
be best for Cornell
and the public good."
The exact nature of any changes is still up in the air, but possibilities
include switching
from binding early decision to non-binding early action, further limiting
the number of students
admitted early, and ending early decision altogether. The issue is complicated,Martin
says, by the fact that each undergraduate college at Cornell uses early
decision differently.
The Rating Game SOME UP, SOME DOWN
CORNELL MOVED UP A NOTCH IN U.S. NEWS & WORLD REPORT'S ANNUAL
rankings of the best national universities, tying for twelfth place
with Washington University
in St. Louis. It also stayed in first place for a second year for the
best undergraduate engineering
physics program. And Cornell was one of only three universities profiled
in adjacent
articles, along with UCLA and Virginia's Liberty University.
Among colleges that are "engines of social mobility,"Cornell
ranked eighth in the Washington
Monthly's second annual survey. Although the highest rating among
the Ivies, it was
a four-place drop from 2005. The Monthly weighs indicators of community
service, research
of value to society, and social mobility factors such as the number
of low-income students a
school graduates.
The University also dropped in Black Enterprise magazine's "Top
50 Colleges for African
Americans" rankings. This year, Cornell placed twenty-sixth, two
notches down from 2004,
the last year the survey was conducted
Cornell Divests UNIVERSITY PULLS FUNDS OUT
OF SUDAN
IN AUGUST, PRESIDENT DAVID SKORTON announced that Cornell will no longer
invest its
endowment assets in oil companies doing business in Sudan because of
the ongoing genocide
in the Darfur region. "It is impossible for us to stand by idly
and tolerate the complicity
of the Sudanese government in this human tragedy," Skorton said. "Given
that more than
half of the Sudanese government's revenues are derived from oil,
the Cornell community is
sending an unequivocal message to the oil companies about the impact
of their own actions
in this crisis."
As of June 30, Cornell had about $10.3 million invested in oil companies
operating in
Sudan, according to University Treasurer Patricia Johnson. The University's
investment managers
were instructed to divest these holdings and refrain from any further
investments until
the Sudanese government deals with the humanitarian crisis. In his inaugural
address, Skorton
noted this action and added that "divestment is not enough," saying
that he and Provost
Biddy Martin will be "pursuing other avenues where Cornell can
be a positive force in that
and other troubled parts of the world." |