Randolph College announced a new $1 million gift for infrastructure from an anonymous alumna in a news release Wednesday afternoon.
At the same time, the school also announced it received two additional $250,000 challenge grants for infrastructure: one from The Cabell Foundation and one from The Mary Morton Parsons Foundation.
Randolph looks to use those challenge grants to raise another $750,000. That would bring the total raised for infrastructure improvements since March of last year to $5.35 million.
“This type of support allows the college to maintain and improve its beautiful historic campus,” President Bradley Bateman said in the release. “These gifts provide a positive effect on the day-to-day life of our students, faculty, and staff.”
Board of Trustees president Cathy Havener Greer said earlier this year dealing with delayed maintenance needs on campus has been a focus for the board.
In the fall, the school announced it had secured $1.1 million in pledges from the Best Portion Foundation. According to the new release, that’s “a Chicago foundation headed by an alumna, and long-time supporters of the College and community philanthropists, Elliot and Rosel Schewel.”
An anonymous trustee gave the school $2 million in March 2015.
“For 125 years, our alumnae have served as the backbone of this institution, providing support both financially and through volunteerism,” Bateman said. “This year, as we celebrate this momentous milestone event in the history of the college, we are especially grateful for the continued involvement of our generous and talented alumnae, and now alumni. Together, we are able to ensure that this excellent, student-centered, liberal arts education will continue to help Randolph College students live the life more abundant.”