Skip to main content
Enter search terms below…

Member News

The Sage Colleges Raises More than $62 Million



The Sage Colleges announced that the recently-concluded Centennial Campaign for Sage raised $62,478,869, significantly surpassing its original $50 million goal. The campaign, which coincided with the celebration of Sage’s 100th year, was the most successful fundraising effort in its history. The 1994 Students & Scholars campaign raised $17.3 million.

“I am delighted to begin my leadership at The Sage Colleges with the momentum from the Centennial Campaign,” said Dr. Christopher Ames, who joined Sage as president in July 2017. “This successful campaign has provided a solid foundation on which to implement a new strategic plan and sets the stage for Sage’s second century.”

Gifts to the campaign have been used to support initiatives across both campuses, including academic programs, facility upgrades and strengthening the endowment for student and campus needs. From 2011 through 2017, gifts to the campaign have created a total of $20 million in operating support. Fifty-four new endowment funds were created -- including 39 endowed scholarship funds -- that increased the Sage endowment value by 60 percent. One hundred new estate and planned gifts will help ensure long-term financial stability.

The campaign also supported 34 major capital projects, including the purchase and renovation of the Armory at Sage College of Albany; renovations to the Shea Learning Center library at Russell Sage College; significant upgrades to classrooms, labs and recreation facilities and beautification projects including gardens and the installation of significant sculptures on both campuses.

“The Centennial Campaign was one of my most important initiatives during my tenure at Sage,” said Susan Scrimshaw, Ph.D., who stepped down as president of The Sage Colleges in June 2017. “I saw the positive impact on operations, the endowment, capital projects on both the Albany and Troy campuses, and ultimately, on Sage students.”

Leadership gift fundraising for the campaign began in 2011 and the public phase kicked off in 2015 with a goal to raise $50 million by the conclusion of Sage’s Centennial celebration in 2017. In October 2016, Scrimshaw announced the campaign had surpassed its original goal and set a new goal to raise $60 million. The campaign concluded at the end of the Sage’s Centennial celebration and fiscal year on June 30, 2017.

“I am so grateful to the entire Sage community,” said Campaign Chair Donna Robinson Esteves. “Because of the generosity of so many, we were able to raise far beyond what we initially imagined, continuing Sage’s journey into a bright second century,” stated the former chair of The Sage Colleges Board of Trustees and Russell Sage College alumna.

Besides being the most successful campaign in Sage’s history, the Centennial Campaign for Sage included two of the largest gifts ever to the institution: Esteves gave $12 million, including the initial $10 million gift that anchored the Centennial Campaign, and Lucile Shea, who attended Russell Sage College in 1937 and 1938, left a $12 million bequest gift.

“The advancement team worked incredibly hard during this campaign and celebrates this significant milestone with the rest of the Sage community,” said Sage’s Vice President for Institutional Advancement Melissa Komora. “We are inspired by and grateful for the extraordinary generosity and support from Sage graduates and friends from all over the United States.”

More details are available on Sage's Centennial page at https://centennial.sage.edu/campaign-progress/.

From 1883 to 2018 the means of drilling and blasting has changed, but the process has remained consistent; and so has the uniqueness of the Callanan family operation. It’s what has led employees to stay with the company for 30 years or more. With a woman at the helm of the most formative years of the company—something unheard of at the time—an…
The Tri-City ValleyCats and Community Resource Federal Credit Union have teamed up again in 2018 on the “Home Run Community Heroes Starting 9” initiative, a program that aims to highlight those that go above and beyond in the Capital Region community. A selection of nine nominees will be recognized in an on-field ceremony on Thursday, July 19…
The Rensselaer CSD Board of Education appointed Joseph A. Kardash as the next superintendent of schools, effective July 9, 2018. “I am honored and humbled to be selected to lead the Rensselaer City School District. It is exciting to become a part of a team with so much potential. Together, we will do great things for the students and community,”…
May
23
Learn tips and tricks on how to ask for a donation from local businesses. It can be intimidating to ask businesses to invest their money in your…
8-10 a.m.
May
23
Join us for a ribbon cutting celebrating the new Discovery Center at the Robert C. Parker School. A letter from the school: We are thrilled to announce,…
10 a.m.
May
25
Join us as we celebrate the grand opening of The Little Rice Ball! The Little Rice Ball believes that any restaurant can play their part in protecting our…
11 a.m.