Berklee today

OCT 2015

Berklee today is the official alumni publication of Berklee College of Music in Boston, Massachusetts. It is a forum for contemporary music and musicians.

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Endowed Scholarship Support Through Soundbreaking prominent institutions, such as the Isabella Stewart Gardner Museum, WGBH, the Museum of Fine Arts, Boston Symphony Orchestra, Amherst College, North Bennet Street School, and Belmont Hill School. In 1997 the Hostetters established the Barr Foundation, now recognized as the largest source of nonproft funding in the region. Their endowed fund at Berklee will provide additional schol- arship support for deserving and tal- ented students. With this increase in scholarship support, Berklee will strengthen its ability to attract and retrain students from diverse back- grounds by reducing fnancial barriers and rewarding truly exceptional talent. Berklee is extraordinarily grateful for the generosity of Barbara and Amos Hostetter and looks forward to a pro- ductive, enduring, and meaningful partnership for many years to come. With generous support from do- nors such as the Connaughtons and Hostetters, Berklee has been able to maintain strong momentum beyond the frst year of the Soundbreaking campaign. These kinds of gifts en- sure that unbelievably talented students from around the world will have the opportunity to study at Berklee, now and in the future. Endowed scholarships not only create a lasting legacy on behalf of the donor but also serve as the foun- dation for the future of the college. Emma Stapleton is Berklee's director for corporate and foundations relations vide an annual source of funds to sup- port the newly founded Institute for Creative Entrepreneurship at Berklee (BerkleeICE). Given the dynamic na- ture and fast-pace of today's music industry, developing the entrepre- neurial mindset among students, fac- ulty, and alumni is at the forefront of BerkleeICE. Through the institute, stu- dents can access an online and on- campus curriculum where music and academic collaboration are catalysts for creative innovation. They will re- search projects aimed that rethink the future of music, attend creative entre- preneurship workshops, enjoy guest lectures by successful innovators, dis- rupters, and entrepreneurs, and take part in internship fellowships at in- dustry-leading companies. Monies from the Connaughton Endowed Fund for BerkleeICE will be distributed at the discretion of the institute's managing director, Panos Panay '94, and will encourage essential and nimble re- sponses to the changing industry and needs of students and faculty. As with all endowed funds, the annual income level will be determined by the endow- ment-spending policy. Berklee is honored to welcome a new donor into the fold with the es- tablishment of the Hostetter Endowed Scholarship Fund. This gift has been made through generosity of Barbara and Amos Hostetter, longtime cham- pions of artistic, cultural, educa- tional, and environmental causes in Boston. Together, the Hostetters serve as board members at many Scholarship support is a top priority for Soundbreaking. An anticipated out- come of the $100 million campaign is to direct half of the funds raised to scholarships. Berklee is honored to an- nounce the establishment of three new endowed funds, which together generate more than $3 million in cam- paign support. Recognizing the tradition of mu- sical excellence at Berklee College of Music, and to ensure that the college continues its role as a leading insti- tution for contemporary music ed- ucation, John Connaughton and his wife, Stephanie, recently established two endowed funds at Berklee. As the managing director of Bain Capital LLC, Connaughton serves on sev- eral private and public boards and is a former member of Berklee's board of trustees. Bain Capital has served as a presenting sponsor for Berklee's Encore Gala for more than a decade. Through his involvement with Berklee, Connaughton has offered business experience, networking opportuni- ties, recording industry knowledge, and a special enthusiasm and love for music. In his own words, "The excite- ment and energy of Berklee is infec- tious," Connaughton says. "I believe the school has a unique role to play in contemporary music and signifcant advantages in developing and pro- moting new and existing contempo- rary genres. I also believe that it is a unique asset in the Boston community that can be leveraged for community outreach to support the school and community. It should be more promi- nently featured and understood as an asset that makes Boston great." The newly established Connaughton Endowed Scholarship Fund will beneft not only Berklee stu- dents who are fnancially and academ- ically deserving, but more importantly, those that carry the potential to make a signifcant contribution to society through music. Each year, Berklee's scholarship committee will select students to receive this scholarship award, taking into consideration the college's endowment-spending rule. In addition to the endowed scholarship fund, the Connaughton Endowed Fund for BerkleeICE will pro- By Emma Stapleton Special Thanks. . . By Cindy Albert Link 10 Berklee today Soundbreaking: The Campaign for Berklee has encouraged us all as sup- port has come in for the campaign's three themes: (1) creating a global lab- oratory for musical discovery and artistry; (2) promoting the power of music to change people's lives for the better; and (3) transforming the cur- rent model of higher education. Our goal is that more than half of the campaign's target—that's $50 mil- lion—will be directed to scholarship programs, enabling extraordinary musicians from around the world to study at Berklee. To date, we have raised more than $74.5 million toward Soundbreaking's $100 million goal. None of this would have been pos- sible without support from generous donors. Alumni, parents, trustees, members of the Presidential Advisory Council, faculty, and staff share a common conviction that Berklee is a worthy recipient of their support. We thank all who directed philanthropic generosity to Berklee during the fscal year (June 1, 2014 through May 31, 2015). As the number of generous donors has grown, we are delighted by the happy challenge of acknowledging a list of donors that has outgrown space in Berklee today. Like many other colleges, we developed an online technology that seems particularly appropriate for the tech-savvy environment of a con- temporary music institution. Thus, it is a great pleasure to share the URL for our new online site. Visit berklee.edu/ soundbreaking/donor-honor-roll to view the complete list of those who generously supported Berklee with gifts during the last fscal year. Cindy Albert Link is Berklee's Senior Vice President for Institutional Advancement Curtis Killian Currently, 63 percent of Berklee students receive scholarship assistance. Scholarship support is integral to Soundbreaking's three major themes. Kelly Davidson

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