Unrestricted endowed funds give Bates the flexibility to address emerging and ongoing priorities, ensuring the college can respond dynamically to opportunities and challenges.

By filling gaps in funding for programs such as community-based learning, climate change education, entrepreneurial initiatives, diverse faculty hiring, mental health resources, and campus-wide digital innovation, unrestricted endowments empower Bates to uphold its mission and adapt to the evolving needs of its community.

• Name of Endowed Fund: The John R. Hester ’75 Endowment Fund
• Current Book Value: $2,776,931.98
• Current Market Value: $2,852,487.38
• Amount Spent to Support Bates This Year: $147,250.74

Given by John R. Hester ’75, the fund is a permanent, unrestricted endowment fund for the general purposes of the college.