Colby-Sawyer receives record-setting $10.2 million gift

College will establish faculty chairs that allow professors to pursue research and other developmental opportunities

Colby-Sawyer College in New Hampshire has received the largest gift in its 183-year history—$10.2 million donation that will mostly boost the school’s endowment.

The gift, which Colby-Sawyer President Susan D. Stuebner called “transformative,” came form longtime college supporters William and Sonja Carlson Davidow, the later of whom is an alumna.

It will increase Colby-Sawyer’s $57 million endowment by 20%.

The college will use $4 million of the donation to endow two faculty chairs that allow professors to pursue research and other developmental opportunities.

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The Davidow Center for Art + Design, the college’s newest building, will receive $500,000 to create a maintenance and improvement fund.

Another $500,000 will launch a new scholarship for students who would not otherwise able to afford tuition at Colby-Sawyer.

The college will use $3 million of donation as matching gifts to endow three additional faculty chairs, and $2 million will match endowed scholarship funds. This will bring the full impact of the gift to more than $15 million.

“Colby-Sawyer is a college of the future,” William Davidow said. “At a time when many are questioning the value of a college education, Colby-Sawyer is producing graduates that are in great demand as they enter the workforce.”

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Matt Zalaznick
Matt Zalaznick
Matt Zalaznick is a life-long journalist. Prior to writing for District Administration he worked in daily news all over the country, from the NYC suburbs to the Rocky Mountains, Silicon Valley and the U.S. Virgin Islands. He's also in a band.

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