US Campaign Update Autumn 2018

On September 15, we celebrated St Hilda’s 125th Anniversary, with a black tie gala at the College. It was an auspicious evening to reflect on our rich history and to herald a bold vision for our future.

In commemoration of our 125th Anniversary, the College has formally launched its first major capital campaign. The purpose of the 125th Anniversary Campaign is simple – to secure St Hilda’s future by ensuring that it remains competitive, continuing to attract the very best students and the most talented Fellows.

The 125th Anniversary Campaign will, as its initial goal, raise moneys to fund a transformational Building Program for the College, and longer term, to provide additional funding for student bursaries and scholarships and the endowment of key teaching and research posts to underpin its long commitment to academic excellence and equality.

The Building Program offers far more than simply “bricks and mortar”. When completed, our three new buildings will enable the College to realize its ambitious plans for the future. Student accommodation is the first priority – to give all undergraduates a College room throughout their time in Oxford. Beyond that, and central to the College’s mission, these cleverly-designed buildings will offer innovative space for world-leading teaching, research and academic collaboration to flourish, allowing Fellows and students to develop as an intellectual community and to share their work globally using the latest technology.

The Building Program will be undertaken in two phases:

Phase 1 will see a complete transformation of the entrance to the College providing two new, carefully designed buildings appropriate to our lovely riverside setting, and a distinctive tower to signal our place in Oxford. With 52 student rooms, along with tutors’ rooms, seminar spaces and social space, the new boundary building will also offer the best views of the Oxford skyline in all seasons. A suite of guest and meeting rooms will provide attractive facilities for College hospitality and meetings. Our riverside pavilion will be a calm and restful meeting place in College for both academic and social activities.

Phase 2, which is in the early stages of development, will provide the balance of the 125 student rooms the College needs, so that all undergraduates will be able to have a College room throughout their time at St Hilda’s. The building will also support the highest levels of interdisciplinary collaboration across the humanities and sciences, with seminar, workshop and lecture facilities. Its location next to the Jacqueline du Pré Music Building allows us to explore a wider vision to develop and share the College’s exceptional work in the performing arts and forge links to research groups across the humanities and sciences.

The brochure in your mailing pack offers the latest images of this major development. It is easy to see the transformative impact that it will have on our successors at St Hilda’s – and on Oxford! The new tower and entrance will contribute their own distinctive shape to the beautiful Oxford skyline.

The cost of the Building Program is estimated, at this time, to be £35 million ($45.2 million), which the

College plans to fund with:

• A bond of £20 million ($25.9 million), which has already been taken down on very

favorable terms.

• A capital campaign to raise the balance of the funds, estimated at this time to be

£15 million ($19.3 million), in hand or pledged, by 2021.

As the Chair of the US Campaign Board, I am delighted to be working with the other members of our Board to help the College realize this vision. We hope, with the generous support of the American Friends of St Hilda’s, we can reach, indeed exceed, our initial target of £15 million.

To date, the 125th Anniversary Campaign has raised £8.2 million ($10.6 million), which puts us over the halfway mark, with £6.8 million ($8.7 million) yet to raise. Warm thanks to the US alumnae and friends who have already contributed generously this year towards this sum. However, we have a long way to go yet, but I am confident that with your help we can go even further.

In the next few months, I, and my fellow Board members, will be contacting you to seek your support for the Campaign. I ask you to review Building the Future and consider how you might contribute to the 125th Anniversary Campaign. A description of naming opportunities and details of how your contribution can take advantage of US tax laws related to charitable giving can be found in the brochure and the mailing pack with the donation form. I urge you to be generous and to consider reaching for what may be a once in a lifetime capital gift. In order to facilitate those of you who are contemplating larger gifts than you might ordinarily consider, we are offering the opportunity to fund your campaign pledge over five years, with the first installment in 2018 and the last installment in 2022.

To conclude, I once again exhort you to remember that this is St Hilda’s moment and it is a very auspicious moment indeed. There will not be another time like this for St Hilda’s in our lifetimes. Nor will there be another opportunity for us to have such a transformational impact on St Hilda’s future.

On behalf of the entire Board, thank you for your continued generosity and support.

With all my best,
Regina M. Pisa,
Chairman Emeritus and Partner,
Goodwin Procter LLP
Chair, US Campaign Board

 

Regina Pisa