Hobart and William Smith Colleges have announced a record-breaking fundraising year, securing $113 million in new gifts and commitments between July 1, 2024, and June 30, 2025—marking the largest annual total in the institution’s history.
The milestone comes as part of the Colleges’ capital campaign, Further Together: the Campaign for Our Third Century, which has now raised $324 million toward its $400 million goal. The past two years alone have brought in a combined $216 million in donations.
A cornerstone of this year’s success was a historic $70 million gift from L. Thomas Melly ’52 and Judith Hershey Melly, one of the largest higher education donations nationwide in 2024.
“As we move forward with our historic Further Together Campaign, I am moved by the deep support of our community,” said President Mark D. Gearan. “Their enthusiastic investment shows a powerful belief in our mission and has strengthened our ability to equip students with the experiences and knowledge necessary to lead lives of consequence.”
Board Chair Joseph Stein III ’86 called the fundraising results “a strong endorsement of HWS’ institutional strategy,” adding that it provides momentum for priorities including academic excellence, financial aid, scholarships, and student life.
Community participation also played a key role. More than 3,200 supporters gave over $1 million during the 2025 Annual Athletics Day of Donors—surpassing its goal by 161% for a third consecutive year. An additional $270,000 was raised during the 2025 Scholarship Day of Donors, helping to fund more student awards in the coming year.
“While the financial milestones are truly remarkable, the surge in alumni engagement is equally exciting,” said Vice President for Advancement Steve Caraher. “We are committed to innovation and to creating new avenues for alumni to contribute their talent and passion.”
The campaign’s next phase will include expanded outreach to alumni, with a goal of engaging 50% of the alumni base in the months ahead.
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