Bates College has received a $50 million gift, the largest in the school’s history.
The school says the gift will be used to support science, technology, engineering and math facilities. Bates College President Clayton Spencer says scientific knowledge, like all knowledge, is becoming more interdisciplinary.
“So we will build a new facility that emphasizes the crossfertilization of the scientific disciplines,” she says.
The gift, from Bates alumni Michael Bonney and Alison Grott Bonney, was announced as the school publicly launches a 5-year, $300 million capital campaign.
The aim of the capital campaign is to increase financial aid resources, support academics, improve facilities, expand student programming and augment the college’s endowment and annual fund.