Reunion Gift Progress
FINAL RESULTS AS OF 06/30/22
CLASS GOALS SET BY THE REUNION GIFT COMMITTEE
GOAL
$60M
IN GIFTS
AND PLEDGES
AND PLEDGES
$89,437,256
IN GIFTS AND PLEDGES
GOAL
45%
CLASS
PARTICIPATION
PARTICIPATION
43.81%
CLASS PARTICIPATION
GOAL
$720K
CHALLENGE
DOLLARS
DOLLARS
$576,000
IN CHALLENGE DOLLARS
The Alder and Bailey Challenge
Your Participation Matters
Jim Alder ’72 and Doug Bailey ’72, 50th Reunion Gift Committee Co-Chairs, are challenging our Class to participate in giving to MIT this year! The more classmates who give, the greater their gifts will be!
For our 50th Reunion Gift Campaign, we are emphasizing Student Life as our theme. This encompasses wellbeing, student community and enhanced student spaces. You can help us achieve our campaign goals by giving toward MIT’s priorities to support Student Life, which include the Student Center Capital Renovations Fund; the Student Life, Wellness, and Support Fund; and the Student Residential Experience Fund.
You may also wish to consider our own well-established funds, which include the Class of 1972 Scholarship Fund; the Class of 1972 Fund for Educational Innovation; the Class of 1972 UROP Fund; the Class of 1972 Bonny Kellermann Scholarship Fund; the Class of 1972 Priscilla King Gray Public Service Center Fund; and the Class of 1972 President’s Fund.
In addition, the Student Center 4th Floor Renovation Fund and the Brain and Cognitive Sciences Graduate Fellowships Fund are funds that are meaningful to us as Co-Chairs and support Student Life at MIT. Alternatively, if there is a particular designation that resonates most with your own MIT experience or your personal philanthropic priorities, you may support any designated MIT fund of your choosing for reunion gift crediting.
Make your gift by June 30, 2022 to count toward our class participation and The Alder and Bailey Challenge.
For our 50th Reunion Gift Campaign, we are emphasizing Student Life as our theme. This encompasses wellbeing, student community and enhanced student spaces. You can help us achieve our campaign goals by giving toward MIT’s priorities to support Student Life, which include the Student Center Capital Renovations Fund; the Student Life, Wellness, and Support Fund; and the Student Residential Experience Fund.
You may also wish to consider our own well-established funds, which include the Class of 1972 Scholarship Fund; the Class of 1972 Fund for Educational Innovation; the Class of 1972 UROP Fund; the Class of 1972 Bonny Kellermann Scholarship Fund; the Class of 1972 Priscilla King Gray Public Service Center Fund; and the Class of 1972 President’s Fund.
In addition, the Student Center 4th Floor Renovation Fund and the Brain and Cognitive Sciences Graduate Fellowships Fund are funds that are meaningful to us as Co-Chairs and support Student Life at MIT. Alternatively, if there is a particular designation that resonates most with your own MIT experience or your personal philanthropic priorities, you may support any designated MIT fund of your choosing for reunion gift crediting.
Make your gift by June 30, 2022 to count toward our class participation and The Alder and Bailey Challenge.
“50 Days to 50 Years” Reunion Challenge
In the celebration of our 50th Reunion and of Student Life, our Class has a unique opportunity, to name a new Student Lounge on the Fourth Floor of the Stratton Student Center and establish a legacy for the Class of ’72.
Samer Khanachet ’72 and Alan Henricks ’72 have each generously committed $50,000 to increase donor participation over the 50-day period leading up to our 50th Reunion. For this “50 Days to 50 Years” Reunion Challenge, they will designate the entirety of their combined $100,000 in Challenge gifts to the Student Center Fourth Floor Renovation Fund (the “Fourth Floor Fund”) to help support this naming opportunity.
For each new donor after April 6 who makes a Reunion gift, each of our two Challengers will make a $500 gift to the Fourth Floor Fund for a total of $1,000. Class members may donate any amount, and to any designation.
Furthermore, for any Classmate (including prior and new donors) who designates a gift of any amount to the Fourth Floor Fund, at any time during the current fiscal year ending June 30, each Challenger will make an additional $500 gift to the same Fund for a total of $1,000. Therefore, new donors making such a gift designation will cause our Challengers to contribute a total of $2,000 to support the legacy recognition of our Class.
Samer Khanachet ’72 and Alan Henricks ’72 have each generously committed $50,000 to increase donor participation over the 50-day period leading up to our 50th Reunion. For this “50 Days to 50 Years” Reunion Challenge, they will designate the entirety of their combined $100,000 in Challenge gifts to the Student Center Fourth Floor Renovation Fund (the “Fourth Floor Fund”) to help support this naming opportunity.
For each new donor after April 6 who makes a Reunion gift, each of our two Challengers will make a $500 gift to the Fourth Floor Fund for a total of $1,000. Class members may donate any amount, and to any designation.
Furthermore, for any Classmate (including prior and new donors) who designates a gift of any amount to the Fourth Floor Fund, at any time during the current fiscal year ending June 30, each Challenger will make an additional $500 gift to the same Fund for a total of $1,000. Therefore, new donors making such a gift designation will cause our Challengers to contribute a total of $2,000 to support the legacy recognition of our Class.
Co-Chairs
Jim Alder
Doug Bailey
Doug Bailey
Leadership Giving Chair
Bob Mohr
Planned Giving Chair
Bonny Kellermann
Honorary Chair
Larry Bacow
Gift Committee
Janice Bertozzi
Brad Billetdeaux
Doug Breeden
Wendy Elaine Erb
Steve Henry
Samer Khanachet
Allan Kirkpatrick
Howard Klein
Kathy Kram
Phyllis Lantos
Rich Levin
Sarah Simon
Charlie Sprouse
Cindy Tobias
Victor Tom
Steve Ushiyama
Brad Billetdeaux
Doug Breeden
Wendy Elaine Erb
Steve Henry
Samer Khanachet
Allan Kirkpatrick
Howard Klein
Kathy Kram
Phyllis Lantos
Rich Levin
Sarah Simon
Charlie Sprouse
Cindy Tobias
Victor Tom
Steve Ushiyama
Jim Alder
Reunion Gift Co-Chair
Reunion Gift Co-Chair
Jim Alder and his wife, Muguette, live in Boerne, Texas, just north of San Antonio. They have been in Texas for most of the past 48 years. Their two daughters also live in Texas. One teaches at Texas Tech University in Lubbock and the other works for the State of Texas in Austin.
Jim worked for Celanese, a global specialty materials and chemical company, for 38 years before retiring in 2011. He subsequently served on the Board of a private equity owned company. Prior to the pandemic, Jim and Muguette traveled extensively internationally and especially enjoyed family trips with their two grandsons to China, Southeast Asia, Africa, Peru and the Galapagos. They hope to resume traveling soon.
Jim began volunteering as an Educational Counselor following his 40th Reunion and has been engaged with MIT since. They own a condo just across the Charles River in Beacon Hill, making it easier to participate in MIT activities.
Doug Bailey
Reunion Gift Co-Chair
Reunion Gift Co-Chair
Doug Bailey, a Midwestern native, has lived in Westport, CT since 1985 with his wife, Sara, whom he married at the MIT Chapel in 1974. Following his graduation from Harvard Business School in 1978, they lived near Corning, NY where their daughter, Laura, was born. Sara, a Boston native, is a retired school teacher, while today Laura is an independent film maker.
Doug has held numerous leadership positions and co-founded American Bailey Corporation, a family office private equity firm, in 1984. Its business activities have included companies in manufacturing, minerals and natural resources, energy and environmental, along with venture capital financed startups.
He began his MIT volunteering activities with the 25th Reunion and has served as Reunion Gift Committee Chair or Co-Chair for each Reunion thereafter. Doug is a past Chair of the Annual Giving Board and has been a member of the Corporation Development Committee since 1998. He also was Capital Campaign Chairman for the historic renovation of his MIT fraternity, Sigma Chi.
As his pastime, Doug has been a competitive ballroom dancer for 18 years and practices daily. The favorite getaway for Doug and Sara is Key Largo, FL where they have a second home.
Questions?
Please email reuniongiving@mit.edu with any questions, or if you would like to learn more about volunteering to support your class’s reunion efforts.