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News from PRINCETON UNIVERSITY For immediate release: Feb. 7, 2002 Contact: Marilyn Marks, 609-258-3601 James E. Crawford III named chair of Princeton University Annual GivingPrinceton, N.J. -- James E. Crawford III has been appointed national chair of Princeton University's Annual Giving efforts. Crawford, a managing partner at Frontenac Company, a Chicago-based private equity investment firm, is a member of Princeton's class of 1968 and a longtime volunteer for Princeton. As chair of the University's Annual Giving effort, Crawford will lead the 40-member committee of senior volunteers that provides overall planning and direction for each year's fundraising campaign. Crawford succeeds Brian J. McDonald '83, who was recently named Princeton's vice president for development. "I am honored to chair Annual Giving," said Crawford. "The annual support offered by Princeton's alumni, parents and friends provides unrestricted funds that are vital to helping the University realize its vision. I am looking forward to working with the many dedicated alumni who give so much of their time and energy every year." Before joining the Frontenac Company, Crawford was a partner in the investment banking firm of William Blair & Company and a general partner in William Blair Venture Partners, a venture fund affiliated with Blair & Co. He led that firm's investments in a number of information technology, industrial manufacturing and retail investments. He is a former chairman of the Board of Trustees of Lake Forest Country Day School, and served as chairman during the school's Centennial Capital Campaign. For the past 16 years, Crawford has been a member of the board of directors of the Children's Home and Aid Society of Illinois, one of the largest statewide providers of children's and family services in Illinois. He served as chairman of that board for three years, overseeing a capital campaign for construction of a new residential treatment center. Crawford graduated from Princeton Phi Beta Kappa after earning his bachelor of science degree in electrical engineering. He then studied economics at Balliol College, Oxford University, on a Rhodes Scholarship. "Jim has been an outstanding leader for many years, and he knows the University and its mission from several perspectives -- as a student, an alumnus, a parent, and a volunteer working to help Princeton maintain its margin of excellence," said Annual Giving Director William M.Hardt '63. Annual Giving is the yearly appeal carried out by some 2,500 volunteers among Princeton's alumni, parents and friends for unrestricted funds, which can be used immediately to meet the University's most important needs, including faculty recruitment and retention, financial aid, and library and computer resources. Annual Giving funds allow Princeton to solve problems as they arise and to seize unexpected opportunities to further the University's mission. In 2000-01, Annual Giving raised a total of $36.7 million,
with a participation rate of 59.4 percent among
undergraduate alumni. |
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