Seniors work to raise $30,000 for clock tower
By Katherine Shim
Efforts to raise funds to install the 1990 senior class gift, a freestanding clock tower, are entering an important stage, according to senior class gift coordinator, Stacy A. Segal '90. A telethon of members of the senior class will be conducted tomorrow between 8 and 10:30 pm.
The fund-raising effort will be completed within the next month, though most soliciting will occur within the next two weeks, according to Segal. The goal of students working in the fundraising process is to raise $30,000.
The clock tower will be erected before the fifth year reunion of the Class of 1990, according to Segal. The design of the clock tower will begin once the exact amount of money raised has been determined.
The location of the clock tower will be decided by Senior Vice President William R. Dickson '54, who oversees the planning office and the grounds, but students have been assured of a "location of prominence," according to Segal.
"The clock tower is supposed to be a freestanding structure, somewhere outside near the Student Center," said Segal. "The sophistication of the clock really depends on how much money we raise. The magnitude of the project depends on the amount of money we raise. For a really nice project, we need about $30,000."
The fund-raising effort will take advantage of the Koch Challenge Fund. The fund stipulates that, if an alumnus makes a contribution of over $100 that is an increase over his previous year's contribution, the Koch fund will contribute one-half of the difference. The Koch challenge will end on June 31.
Fund-raisers for the senior class gift will also take advantage of the challenge fund of the 50th year reunion class, the Class of 1940. This $6000 challenge will match any contribution between $1 to $24 and will contribute twice the amount of any gift over $25.
Students who contribute $100 will be given membership to the alumni Century Club, and students who contribute $250 will be given membership to the Great Dome Society.
"This effort for a class gift is the biggest of any recently graduating class," Segal stated. "Other classes typically raise $6000. We're shooting for $30,000."
In the three dormitories that have already been solicited, the average contribution was $50 per person, according to Segal.
Selection of the class gift idea
At a booth in Lobby 10 last fall, seniors were asked to respond to a two-question survey that asked who they would like to see as the commencement speaker and what they would like to give as the class gift.
Of the ideas collected from the surveys, three had the most support: a clock tower, a lounge across from the coffee house on the third floor of the Student Center, and tables and benches across from the barbecue pits. The clock tower won overwhelming support from students who responded.
A flyer informing seniors of the decision to install a clock tower as the class gift was circulated in March. Questions have been raised that the picture of the clock tower on the flyer may have given students the impression that the picture was the actual drawing of what the tower would look like.
"The flyer should not have given any wrong impression," Segal stressed. "It stated that the picture was not what the tower would look like, and above all, we won't know what the clock tower will look like or how grand it will be until we have a precise amount of money to work with."