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Monmouth College launches endowment campaign

A new campaign at Monmouth College aims to increase the liberal arts college’s endowment by $75 million. Entitled, “Light This Candle: The Campaign for Monmouth College” the campaign addresses the needs “of the Monmouth College of today and of the future,” said Trustee William Goldsborough who is a 1965 alumni and chairman of the campaign. He said that the campaign’s success “will also allow the College greater control over its long-term destiny at a time when many colleges and universities face very uncertain futures.” In a statement, Monmouth College President Clarence Wyatt said “This campaign represents the next stage in the evolution of the residential liberal arts experience. “It is common practice for campaigns such as this to make their public announcements upon reaching 50% of the goal….we wanted to wait until we reached 60%…” More than $45.3 million in gifts and commitments have already been made.

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