Hobart and William Smith Colleges Receive $1.25 million Gift Toward Studio Arts Building Project – Hobart and William Smith Colleges \
The HWS Update

Hobart and William Smith Colleges Receive $1.25 million Gift Toward Studio Arts Building Project

Katherine D. Elliott Building for Studio Arts Named in Recognition

(May 2, 2005) GENEVA, N.Y. – President Mark D. Gearan announced today that Katherine D. Elliott ’66 has pledged $1.25 million to Hobart and William Smith Colleges for the construction of a new studio arts building at the Houghton House estate. Elliott’s gift is the largest personal contribution to the Colleges from a William Smith alumna.

A member of the Board of Trustees for seven years, Elliott is the Chief Operating Officer for Petner Asset Management, LLC, a hedge fund where she specializes in investment management operations. She has served on the Enrollment Management, Education and Appointments, Investments and Student Life committees during her tenure with the Board.

Gearan said the new building, which will be named in honor of Elliott’s gift, will house studios for printmaking, painting, drawing and metal casting/sculpture and additional classroom spaces for the growing visual arts and architecture programs at HWS.

“Katherine Elliott’s gift to her alma mater for this important academic space is an extraordinary opportunity for the Colleges to enhance our students’ experience in the visual arts. As we look to the Centennial of William Smith College in 2008, Katherine Elliott’s historic gift shows the deep commitment of our alumnae and we are most grateful for her dedication,” Gearan said.

Hobart and William Smith Colleges are coordinate, private, liberal arts institutions, located in Geneva, N.Y., the heart of the Finger Lakes region. The Colleges, which have a combined enrollment of 1,800, offer a remarkably broad array of majors and minors, with a cross-disciplinary flavor intended to better inform both professional and intellectual pursuits. The Colleges are noted for an ambitious emphasis on international study, and for their programs in community service. Hobart College for men and William Smith College for women share faculty, facilities and curriculum, but maintain separate deans' offices, athletic programs, student governments and traditions.

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The Finger Lakes Times featured this gift.