Don’t Fear Fund Raising, Part 2
David D. Perlmutter. “Don’t Fear Fund Raising, Part 2.” Chronicle of Higher Education, July 18, 2014, pp. A24-25.
July 14, 2014
Don't Fear Fund Raising, Part 2
Matching donor passion to your department’s needs
By David D. Perlmutter
An acquaintance who was a department chair at a small liberal-arts college described one of the nightmare-come-to-life scenarios of every academic administrator faced with fund raising. He had met an alum with "a very high capacity"—the development term for wealth available to give—who was ready to make a major gift. The catch was that the donor embraced "fringe phenomena" (let’s call them leprechauns here to protect his privacy). His ambition was to finance an endowed chair in leprechaun studies—not as in folklore but as in scientific fact.
To their credit, my friend, his faculty, the college foundation, and the upper administration stood tall and politely turned down the proposed gift.
The anecdote, although unusual, typifies a common apprehension of academics who are thinking about becoming administrators and thus entering...