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Ithaca College Receives $4 Million Gift for Athletics and Events CenterContributed by David Maley on 04/13/09
"We had initially intended to break ground on the A&E center this spring and continue fund-raising for another year," said president Tom Rochon. "In the current economy, however, we didn't feel it was wise to move forward without sufficient gifts and commitments in hand. This gift is a great show of confidence by Atlantic Philanthropies in the project and brings us much closer to what we believe is needed in order to stick with our original construction timetable." With an overall budget of $65.5 million, the A&E center will include a 130,000-square-foot field house, an outdoor stadium with lighted turf field, six outdoor tennis courts, and an aquatics pavilion. The $4 million gift brings the college within $3 million of its goal. The College has set for itself a May 31 deadline to raise the final amount that will allow it to break ground this spring. "It's going to go down to the wire," said Shelley Semmler, vice president for institutional advancement. "We have received some substantial gifts for the A&E center since planning began, but we'll have to work hard to raise the final $3 million by the end of May." Atlantic Philanthropies had previously given $25 million -- which included a $7.5 million challenge grant -- toward the project. That gift from the foundation, which is closely associated with Ithaca alumna Caroleen Feeney '86, is providing the funds necessary to build the aquatics pavilion in the first construction phase. A $2 million gift from Edward Glazer '92, executive vice president of the Tampa Bay Buccaneers, will name the Shari and Edward Glazer arena in the new field house. The new $4 million gift is "a lifesaver," according to Rochon. "Without it, we would have had to go back to the drawing board and reconsider how much of the project we could build at this time. No one wanted to do that, and we were hoping against hope that we'd get just this kind of boost." "This building has been in the planning stages for many years now, and that first shovel of dirt will represent a tremendous step forward for the college," said Semmler. "Not only will the A&E center give IC athletes the facilities they need to train and compete, but it will also be the largest indoor venue on campus for events that benefit the entire Ithaca community." For more information about the A&E center, visit www.ithaca.edu/giving/aecenter.
Ithaca College Receives $4 Million Gift for Athletics and Events Center Comment from
cfers1 on
04/14/09
So...can I have some of my tuition back?
Ithaca College Receives $4 Million Gift for Athletics and Events Center Comment from
lromero1 on
04/14/09
Or... maybe can we lift that hiring freeze? Or even just keep the faculty we have currently? That would be nice too...
It doesn't make sense that we are choosing to spend money on something that is not an absolute necessity right now. Students are suffering, courses are being cut, and faculty members are being threatened with termination. More and more students are leaving IC because of the costs and THIS is what we choose to spend money on? Ithaca College Receives $4 Million Gift for Athletics and Events Center Comment from
mismith on
04/15/09
If the students are wondering why we are building this center (see comment thread) and ostensibly one of the rationales for building it is to attract students, one wonders why the college persists. Even if the college raises the funds for the building itself, the operating costs (estimated at $2 million/yr.) will have to come out of the regular budget. More faculty lines cut perhaps?
Ithaca College Receives $4 Million Gift for Athletics and Events Center Comment from
lromero1 on
04/15/09
I agree completely with Prof. Smith. Perhaps a poll of student opinion is in order. I reasonably certain that given the choice to build a new A&E center or maintain the current level of academic programming most students would choose the latter.
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