Jack ’76 and Carol ’76 Kramer have made a combined outright and planned $1.35 million gift commitment to Geneseo to fund four endowments.
GENESEO, N.Y. — State University of New York at Geneseo President Denise A. Battles has announced a combined outright and planned $1.35 million multi-purpose gift from alumni Jack and Carol Kramer in support of four endowments to enhance the quality of the educational experience at Geneseo.
Speaking at a Geneseo Foundation recognition event, Battles said the blended gift will include $100,000 to create the Jack ’76 and Carol ’76 Kramer Faculty in Excellence and Innovation Endowment to support faculty and innovative teaching practices.
“We are enormously grateful for their transformational gift,” said Battles. “The Kramers’ longstanding generosity and passion for Geneseo is inspirational. They believe wholeheartedly in transformational learning and preparing our students to be global thinkers, innovators, entrepreneurs and socially-responsible citizens in the 21st century.”
In addition to the Jack ’76 and Carol ’76 Kramer Faculty in Excellence and Innovation Endowment, a planned gift commitment of $1.25 million will support four objectives: to create the Jack ’76 and Carol ’76 Kramer Study Abroad Endowment; to increase funding for the existing Carol Kramer ’76 Endowed Scholarship and Jack Kramer ’76 Endowed Scholarship; and to add to the Jack ’76 and Carol ’76 Kramer Faculty in Excellence and Innovation Endowment.
The gift to Geneseo is the latest in Jack and Carol Kramer’s long history of support for the College. In addition to endowing the GREAT Day Lecture series — the Jack ’76 and Carol ’76 Kramer Endowed Lecture —the Kramers have provided major support for other Geneseo programs.
The Kramers believe the Faculty in Excellence and Innovation Endowment will support a vital area in the educational process.
“The faculty members are the ones who are actually making the magic happen, so we need to support them,” said Jack Kramer, former chair of the Geneseo Foundation Board. “That’s what Geneseo has always had — an amazing teaching faculty. They are doing research with their students because it helps their students learn.”
“The Kramers’ gift affirms the quality education students are receiving at the college,” said Stacey Robertson, Provost and Vice President for Academic Affairs. “Their commitment strongly validates their belief in an exemplary liberal arts education.”