Claremont, Calif. (October 5, 2006) – Pitzer College has been awarded a $750,000 grant by The Kresge Foundation toward the construction of three replacement residence halls on its campus. In order to secure the Kresge challenge grant, Pitzer must raise the balance of its $19 million capital campaign—$2,633,258—by July 1, 2007.
Rip Rapson, President and CEO of The Kresge Foundation, indicated that “With the aid of the challenge grant, we hope that your campaign can become an even more strategic opportunity for you to connect with your stakeholders and reach out to new donors, volunteers, participants, and the general community. Your compelling plan to sustain the higher levels of giving after the campaign concludes will help strengthen your organization well into the future.”
“The Pitzer College community is grateful for the financial support provided by The Kresge Foundation. The grant will help to strengthen the College and encourage giving from private individuals, corporations and foundations,” Pitzer College President Laura Skandera Trombley said.