Impact: Student Support, Home and Away
Ensuring that all aspects of Bates life are open to students, from study abroad to campus life, the Bates endowment supports the college’s mission to educate the whole person, fostering teamwork, leadership, and a sense of belonging.
Investing in Inclusion

The Gorayeb Family Fund for Equity and Diversity
- FY24 Book Value: $2,148,602.85
- FY24 Market Value: $2,354,369.62
- Amount Spent to Support Bates Students in FY25 $119,122.68.
The Gorayeb Family Fund was established to support work at the college designed to promote an inclusive campus environment and sustain Bates’ institutional commitment to principles of equity and diversity, with a preference for innovative programming that allows all Bates students to experience the transformative power of their differences.
Expanding Global Perspectives

By the time they graduate, more than half of all Bates students will study abroad. Endowed support for off-campus study opportunities enable students to broaden their perspectives, apply classroom learning to real-world settings, and engage in transformative experiences.
The David S. Barlow Endowment for Study Abroad
- FY24 Book Value: $1,549,607.40
- FY24 Market Value: $1,653,639.94
- Amount Spent to Support Bates Students in FY25: $85,363.99
Given by David S. Barlow ’79, the fund provides broad support for the college’s off-campus study programs.
The Barlow Fund also supports students’ return to campus, including a photography exhibit mounted during the annual Mount David Summit, which gives returning students the opportunity to share their experiences with the college community.
Boosting Athletic Excellence
Endowed funds support the experience of Bates student-athletes by providing funding for expanded travel and training opportunities, better equipment, and stepped-up recruiting efforts — as well as support that’s more intangible, such as reaffirming the Bates culture of giving back.
Timoll Family Endowment for Women’s Basketball
- FY24 Book Value: $108,606.49
- FY24 Market Value: $109,147.90
- Amount Spent to Support Bates Students in FY25: $5,621.51
Among the endowed funds that support Bates athletics is the Timoll Family Endowment for Women’s Basketball. Established by Garth A. L. Timoll Sr. ’99 and other donors, the endowment supports the women’s basketball program by covering costs such as recruiting, travel, and assistant coaching salaries, offsetting expenses not included in the program’s annual operating budget. A complementary endowed fund support the men’s basketball team.