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Phillips Academy Andover Announces Monumental Campaign Gift

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Board President Amy Falls Increases Support to $20 Million

$20M donated to Andover’s Knowledge & Goodness Campaign

ANDOVER, Mass.--(BUSINESS WIRE)-- Phillips Academy, Andover, announced a milestone gift increase, making Amy Falls ’82, P’19, ’21 the most prominent female donor in the school's fundraising history. President of the Phillips Academy Board of Trustees and its campaign co-chair, Falls and her husband, Hartley Rogers, have donated more than $20 million to the Knowledge & Goodness fundraising campaign.

Every aspect of the school is touched by this gift—student scholarships, wellness programming, faculty support, the Tang Institute, the Addison Gallery of American Art, equity and inclusion, and capital projects, including the renovation of the library and a new music building.

“This moment reflects the passion that Amy and Hartley have for educational endeavors and their desire to increase opportunities for students and faculty today and in the future,” said Head of School Raynard Kington, MD, PhD, P’24. “It is also a statement of profound confidence in our faculty and staff and the work they do to support our mission.”

With over 30 years of investment and management experience, Falls is Vice President and Chief Investment Officer at Northwestern University. She oversees Northwestern’s $15 billion investment portfolio, which supports a wide range of university operations. A former Managing Director at Morgan Stanley and CIO at Rockefeller University, Falls was also the inaugural CIO at Andover, establishing the school's New York-based investment team and managing the school’s endowment through both prosperous and challenging times.

Hartley Rogers is the Chairman of Hamilton Lane (NASDAQ: HLNE) and is a Trustee and the Treasurer of the Institute of International Education, which manages the Fulbright and Gilman Scholar programs on behalf of the U.S. Department of State, among other activities. He serves as Chairman of the advisory board of the Vice Provost for Advances in Learning, the online learning initiative of Harvard University.

“Hartley and I have made it our mission to proactively support education and have committed over $50 million across multiple institutions,” said Falls. “This contribution to Andover is near and dear to my heart because Andover changed my life and continues to change the lives of so many amazing young people. We are not a perfect institution—no place is. But what our students and faculty accomplish every day is astounding.”

The Knowledge & Goodness campaign launched in 2017 and set out to raise $400 million for priorities vital to the school’s distinctive mission and vision for the future. Together, campaign donors have the power to elevate the student experience, enhance the school’s beautiful campus, and connect with a global community in new and exciting ways.

Tracy M. Sweet

tsweet@andover.edu

Ellery Smith

ellery@fullyvested.com

Source: Phillips Academy, Andover

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hamilton lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. the firm has been dedicated to private markets investing for more than two decades and currently has 250 employees operating in offices throughout the u.s., london, hong kong, rio de janeiro, tel aviv and tokyo. with over $239 billion in total assets under management and supervision*, hamilton lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. the firm has been named an inc. 5000 fastest-growing company and a “best places to work in money management by pensions & investments. for more information please visit www.hamiltonlane.com. * as of september 30, 2015