Hotelie Magazine

Hotelie Fall 2011 no class notes

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Leading Off F 2 Cornell Now or 146 years, Cornell University has provided unimagined access and oppor- tunity to society's exceptional thinkers and doers, regardless of sex, race, reli- gion, or circumstances. It has admitted a great diversity of highly able students, taught them practical subjects, and exposed them to profound and far-reach- ing ideas. It has attracted a remarkable community of scholars to its faculty and postdoctoral ranks: great teachers, brilliant innovators, and relentless explorers. And the campus has grown, and grown, to provide the facilities need- ed to enable this marvelous enterprise. As our sesquicentennial anniversary in 2015 draws nearer, the university is more committed than ever to the ideals never could have come here in the past. It ensures that our student body is the most richly varied, talented, and aspiring cohort that it can possibly be. Not surprisingly, it also places a heavy burden on our operating budget. "Cornell's aid program gave me the opportunity to attend the university I love and study a subject I'm passionate about. It has allowed me the freedom to shape my career based on what I dream to do and embark on a rewarding career without the stress of student loan debt." — Ellease Bender '12 and purposes to which our founders, Ezra Cornell and Andrew Dickson White, gave form on this great hill between the gorges. Our policy of need- blind admission has been extended to ensure that students with family income under $75,000 graduate debt-free. For families earning less than $120,000, this policy now caps loan debt at $3,000 per year. This policy opens Cornell's doors to many wonderful students who Cornell is also in the midst of a major undertaking to renew the faculty, replacing the one-third who have been retiring in the past five years and the second third who will retire in the next decade or so. Some of these replace- ments are being made preemptively so that new faculty members can learn from those with the most wisdom and experience before they retire. Here in SHA, we are competing against top busi- ness programs as well as other hospital- ity programs to attract out- standing faculty members. We have gone to great lengths and expense to hire such excellent candidates, and we must expand our resources for fur- ther recruitment. Cornell has also been under- going a number of needed and overdue building projects, with many colleges renovating existing spaces and creating new ones. Recently completed projects include the Physical Sciences Building; Art, Architecture, and Planning's Milstein Hall; the addition to the Johnson Art Museum; the new wing on Human Ecology's Martha Van Rensselaer Hall; and the tower that we added onto Statler Hall. Other major projects are under construc- tion or on the drawing boards, and as I write this, Cornell is bidding aggres- sively on the opportunity to build a technology campus in New York City. In order to support the expense of these efforts to meet the future on our own terms, another great undertaking, School of Hotel Administration Cornell's capital campaign, has been extended in duration and scope. With a new name, Cornell Now, the campaign has a new deadline, December 2015, and a new goal: $4.75 billion. For our school, the new target is $120 million. Thanks to the great gen- erosity of our alumni and friends who have contributed to this effort so far, we expect to have received $80 million in gifts and commitments by the end of 2011, putting us on track to reach this very ambitious, but very much needed, total. We are greatly heartened by our recent fundraising successes, including a record-breaking year for the annual fund. Nearly 1,100 individuals contributed to the total of $1.3 million. We will be asking many more of you to join in this group effort this year and going forward, and we will welcome gifts of any size. It is especially important, in my view, that our new and recent grad- uates give back what they can through the annual fund. It proves that one need not give a million dollars to make a difference and creates a habit of what alum Chuck Feeney '56 calls "giving while living."

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