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Has Art Center’s endowment grown under the leadership of Richard Koshalek?

April 26, 2017art center endowment leadership Richard

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Has Art Center’s endowment grown under the leadership of Richard Koshalek?

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Yes. Art Center’s total endowment was $16.9m when Richard arrived in 1999. Under Richard’s leadership, the endowment has nearly tripled—growing to $42.9m in less than a decade. In 2005, the College received the largest endowment gift in its history—a $13m endowed gift for scholarships.