Bennington College announces $150M capital campaign
BENNINGTON, Vt. (AP) — Bennington College in Vermont has announced a capital campaign of $150 million, the largest-ever campaign for the school.
The Bennington Banner reports the campaign announced Thursday is intended to support five priorities for the college: financial aid, campus renewal, field work term, public action and the Bennington Writing Seminars.
College President Mariko Silver says they have already raised $78.5 million over the course of four years.
The college is planning to establish a $100 million endowment in support of the campaign’s priorities.
Officials say the endowment is now at $40.8 million, due to an infusion of $22.8 million since the campaign began.
The college’s last capital campaign raised $92 million against a goal of $75 million.
Silver estimates the current campaign will last between six and eight years.