Venturing Forward

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By Christopher L. Eisgruber ’83

Published Jan. 31, 2022

4 min read

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Venture Forward sidewalk graphic installed on campus this fall.

Photo: Nikki Fischer

This fall, Princeton announced the public launch of Venture Forward, an engagement and fundraising campaign.

We’ve been laying the foundation for this campaign since the Board of Trustees embarked on a strategic planning process seven years ago. In doing so, we were guided by Princeton’s core values: scholarly excellence; talent and truth-seeking; access, affordability, and inclusivity; and service broadly understood.

“Venture Forward” captures our intention to move into a new day for Princeton and the world—while remaining firmly anchored in and faithful to the values that define us.

Throughout its history, Princeton University has planned carefully for growth while investing boldly in human potential and groundbreaking inquiry. We have sought to address the most complex challenges of each age with depth of purpose and creative collaboration.

Princeton’s distinctive model and mission have given scholars the freedom to focus on profound questions that matter greatly over the longer term. From alumnus James Madison 1771, whose study of philosophy and political theory shaped America’s Constitution; to Alan Turing *38, whose research into the theoretical frontiers of abstract mathematics helped lay the foundation for the digital revolution; to Sonia Sotomayor ’76, whose path led from a housing project in the South Bronx to her position on the Supreme Court, Princetonians have envisioned the possible in ways that their predecessors could scarcely have predicted.

Now, through the Venture Forward campaign, we have the opportunity to ask new questions that will move us from the present to the possible.

We’re focusing the goals of this campaign not on a specific dollar amount, but rather on three areas of impact: deepening engagement of our alumni community; providing a platform to communicate Princeton’s service to humanity and its vision for the future; and securing philanthropic support for the University’s strategic initiatives.

Working closely with alumni leaders, the University will create new and enhanced opportunities for volunteer service, lifelong learning, events, digital communications, and other initiatives. A recent example is Orange & Black Day, a new digital tradition launched by the Alumni Council this year on the 275th anniversary of the University’s founding.

In support of the engagement goals of Venture Forward, I look forward to speaking at alumni gatherings in cities near you this year and next, starting with San Francisco in March and New York City in April. And of course I look forward to welcoming thousands of alumni back to campus for Reunions this spring.

Annual Giving is another core priority of the Venture Forward campaign. Each year, unrestricted gifts from alumni, parents, and friends help provide the “margin of excellence” that sustains and enhances the University’s distinctive academic programs.

Princeton’s strategic plan shapes the campaign’s other key fundraising initiatives, including college access and affordability, financial aid, data science, bioengineering, the environment, American studies, and many other important areas of inquiry.

Through your support, Princeton looks forward to a day when we can offer a transformative educational experience to an even greater number of talented students. Since 2001, our groundbreaking no-loan financial aid program has made Princeton affordable to students from all backgrounds. Over the last 20 years, the program has benefited more than 10,000 undergraduates and allowed 83 percent of recent seniors to graduate debt-free. The new residential colleges under construction will allow us to admit more students, making it necessary to secure new scholarships and fellowships.

It will also be important to continue providing the support and resources students need to be successful once they matriculate. The newly launched Emma Bloomberg Center for Access and Opportunity serves as a hub for Princeton’s access and success programs, and promotes research and information-sharing with colleges and universities across the country.

Through Venture Forward we look forward to a day when the world’s most innovative thinkers respond to the climate crisis with a roadmap for achieving a carbon-neutral economy; to a day when data science balances an exponential leap in knowledge with the preservation of privacy and promotion of social equity; and a day when bioengineers harness the potential of complex biological systems for advancements in health, medicine, and quality of life.

To learn more about the campaign and its priorities, I invite you to visit the campaign website (alumni.princeton. edu/venture-forward) and to view and share the “Dare to Venture” video series, which offers a window into the transformative impact that Princeton is making in the world.

As I lead this University, I think back often to the profound impact that Princeton has had upon my own life, first as a student and then as a faculty member. When I look out now from my office in Nassau Hall or walk the grounds of this beautiful campus, I marvel at the vitality of our students, the insight of our scholars, and the achievements of our alumni. This is a place where spirits soar and people achieve the spectacular—as happened this fall when, in the month that we launched this campaign, five Princetonians were awarded Nobel Prizes.

The creativity and accomplishments of this community are endlessly inspiring. I am grateful for your engagement and support as we Venture Forward.

3 Responses

Lawrence W. Leighton ’56

2 Years Ago

Focusing on Students and Alumni

While I applaud the Venture Forward campaign and its focus on research, there is a very significant absence in all of its written, video, and verbal communications.

Princeton is a leading research university, but it is a university. It derives its greatness from attracting, recruiting, admitting, and teaching future leaders. These future leaders then become prominent alumni who we are all proud of. From a national standpoint growth in research is paramount, but Princeton is an academic institution and Venture Forward needs a focus on our wonderful students and alumni.

Marie Betts Bartlett ’79

2 Years Ago

Contradiction of Words and Actions

Princeton’s unofficial motto, “In the nation’s service and the service of humanity,” and Princeton’s endowment are in conflict with each other, and President Eisgruber ’83’s recent page (February issue) describing the Venture Forward campaign does little to untangle the contradiction of words and actions.

Princeton’s endowment invests in fossil fuels. This means that Princeton supports the network of actions that puts buried, fossilized carbon into our air. In pursuit of financial profit, Princeton hopes for the successful expansion of fossil-fuel use. This only furthers climate change and the destruction of life as many know and cherish it. Surely Princeton and Eisgruber recognize that vigorously working to put more carbon in our atmosphere is not a service to humanity.

Financial success that comes from fossil-fuel investment comes with costs that do not offset possible benefits. What is the use of an even more amazing Princeton if our coastal cities and communities collapse from rising waters or if more people starve because crops fail due to dramatic weather shifts? 

Eisgruber’s Venture Forward campaign has admirable, forward-thinking goals that include “innovative thinkers [who] respond to the climate crisis with a roadmap for achieving a carbon-neutral economy.” An immediate step Princeton can take towards a carbon-neutral economy is to disinvest from the fossil-fuel economy. This would eliminate our investments in a product and process that literally fuel the loss of humanity. It is not, as Eisgruber wrote in September 2017, a question of making “political statements,” but a question of aligning our investments with being in “service of humanity.”

John M. Chludzinski ’85

2 Years Ago

Fossil Fuel Investments Do Serve Humanity

The assertion that fossil fuels “literally fuel the loss of humanity,” as Ms. Betts Bartlett ’79 states in her letter to PAW in the April 2022 issue, and many in the Princeton community believe,  could not be more wrong on the facts. The world’s population has grown from 1 billion people 200 years ago, to over 8 billion now, and the capacity of the world’s farms and farmers to feed these burgeoning human populations directly depends on the extraction and refining of fossil fuels — namely natural gas for fertilizer feedstocks — and transportation fuels to ship that food to us. Without fossil fuels, the world’s farms would be unable to feed us, and there would likely be mass extinction of the poorest populations from starvation. In addition, without fossil fuels for heating our homes, humans would rapidly strip the world’s forests for wood to heat homes, leading to mass extinction of birds, animals, and flora. Is this future for the world that Ms. Betts Bartlett desires? As for me, I thank god for dead white men like John D. Rockefeller and their oil extraction companies, and German chemist Fritz Haber’s invention of fertilizer, without which at least half the world’s humans would starve. And can you imagine if Jeff Bezos’ Amazon delivery trucks had to ship us our products in wooden wagons with wheels clad in bog iron hoops instead of rubber tires? No, fossil fuel extraction is the very heart and soul of service to humanity, and it is incumbent upon Princeton to invest endowment funds wisely in natural resource development through oil exploration and production companies, to ensure that the future humans on this planet can be fed, clothed, and sheltered, not driven into starvation. 

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