Has Trinity contemplated closing the campaign in view of the present economic environment?
As challenging as the past two years have been, we still remain committed to a very ambitious campaign and what its success will mean for students, the campus, and the educational opportunities that help define Trinity. The Trustees, President Jones and his senior team, and key campus committees are taking a careful look at the College’s budget because of the expected shortfall of endowment income precipitated by the decline in the value of Trinity’s endowment. The strategic planning and goal setting that will be the outcome of that process will surely yield changes to the campaign’s ambitions and needs. What about the campus improvement goals of the current campaign? What are the short-term plans? As noted in our April 30, 2009 update, the Long Walk Renovation and Restoration has been an unqualified success. However, we continue to need $3 million in philanthropy to complete the financing for that project. The intended expansion of Austin Arts, projected to cost roughly $70 million in
