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How To Win Friends And Influence People
by Marcia Landskroener M'02

Griswold photoFresh with the news that the Campaign for Washington’s College topped out at $103.4 million, Jay Griswold sat in his Fells Point office, reflecting on his role in the most successful fundraising campaign ever conducted by a liberal arts college in Maryland. All he did was talk to people. This Baltimore executive has the touch that lets development officers sleep at night. In his volunteer leadership role as Campaign Chair, he’s proven to be Washington’s own Dale Carnegie, winning new friends for the College and influencing others to give.

Dressed in a red sweater and speaking in easy, soft tones, Jay Griswold, director of the Brown Investment Advisory and Trust Company and Chairman of Washington College’s Board of Visitors and Governors, reminds one more of a kind uncle than of a corporate executive. He points out the window to the old Alex. Brown building where, in 1800, his ancestors moved their clipper ship business from Liverpool, establishing an international trading company that eventually would become Maryland’s first finance company. Suddenly, we’re old friends, talking about common interests and people we both know. So this is how it’s done. If I had a million dollars, I’d want to give it to him.

“People give to people,” Griswold says. “At the beginning of this campaign I wasn’t sure where we were going to get $72 million, and I certainly never dreamed of reaching $103 million. Let me say it couldn’t have happened without John Toll. He put a stamp of approval on the college, a validation that was very much needed at the time.”

When John Toll accepted the presidency of Washington College in 1995, Griswold was a sophomore board member, drawn into the college leadership position by College Trustee Jim Price, his friend and partner at Alex. Brown, and then-President Charles H. Trout. In 1993, Price was coming off the Board and encouraged Griswold to take his seat. Griswold, then the parent of a Washington College student, agreed.
“Sarah struggled at first,” Griswold says, “and there were people at Washington College who helped her throughout those six years it took her to graduate. I remember Dean [Maureen] McIntire called me, advising that Sarah come home, get a job and then come back when she was ready. I often think she would have been lost in the shuffle at another, larger school. I was impressed with the way she was treated at Washington College; it meant an awful lot to me and my family.”

Today, Sarah is happy and successful in her role as director of development for the Baltimore Educational Scholarship Trust. She graduated in 1994, and is married to a Washington College classmate, Matt Johnson ’94.

“People are a lot like horses,” says Griswold, whose affection for equestrian sports runs to fox hunting and steeple chase. “They don’t mature at the same rate. Some three-year-olds are ready to run, and some haven’t fully developed. To have a place like Washington College that is good at developing the individual is just marvelous. I was convinced of the value of Washington College by seeing what it did for my daughter, and for my son-in-law. Even though the school is larger now, at 1,300 students we can do what we do extremely well.”
Griswold Horse photoThat’s a message that Griswold has been sharing with potential donors throughout the Campaign, a belief in this institution he shared with John Toll and others who convinced him to accept the leadership of the most ambitious fundraising campaign in College history.

“It happened during a car ride I took with Louis Goldstein [Class of 1935 and former Chairman of the Board] and John Toll to see Finn Caspersen [chair of The Hodson Trust] back in 1997. “Dr. Toll had stayed in Annapolis the night before, and came to Baltimore with Louis. I woke up at 4:30 a.m., and Louis’ driver picked me up at Green Spring Station. From there we drove to New Jersey. By the time we got there they had me convinced I was to run the campaign, even though I had never done anything like that before. They didn’t say it would be easy, but nevertheless they made it known to me that it was important, and that I was the one to do it.”
“We had every confidence that Jay Griswold was the perfect choice to direct our volunteer leadership,” says John Toll. “One of his greatest strengths is his personal experience with the institution. He is a first-person advocate, a passionate solicitor for the college. And he’s just a heck of a nice guy. People respond to him.”
Griswold recalls attending a Board retreat at Wye Woods in Queen Anne’s County, with members debating whether the College should undertake a campaign at all. The College had recently weathered some financial difficulties. A feasibility study earlier had placed a $150 million price tag on the College’s total needs, but had recommended undertaking a five-year campaign of no more than $65 million. The Board eventually set a goal of $72 million, and then met that goal 18 months ahead of schedule.

“We were all sitting around a table, and I thought Louis was taking a nap,” Griswold says. “Suddenly he wakes up and says, ‘I’m in for a million dollars.’ Jim Price, who’s sitting next to Louis, chimes in, ‘I’m in for a million dollars.’ I was third in line, and was thinking, gee, I really don’t want to disappoint anyone, so I followed suit.”
Griswold, in agreeing to lead the campaign, offered something just as valuable—his time. Following the example of Michael Bloomberg, who led Johns Hopkins University’s $1.2 billion campaign, Griswold pledged to devote one day a week to Washington College. For the next five years, he and John Toll would be steady travel partners, calling on foundations and meeting one-on-one with potential heavy hitters from Chicago and Los Angeles to New York and Boston. He spent a lot of time on the phone—consulting with the College’s development staffers and fellow Board members, soliciting donors personally, and devising strategies with President Toll.

“Without Dr. Toll and his sidekick, the very capable Bob Smith, this campaign would have been very difficult if not impossible,” Griswold says. “The more people saw how John Toll operated, the more people got interested. The College’s earlier campaign, which raised $43 million, had been quite narrow. This was broader in scope, designed to fund the College’s priorities as outlined in our strategic plan. As the campaign progressed, we ran into very little difference in priorities between what the College needed and what people wanted to support.”
Griswold credits Smith, the College’s vice president for development (now retired) who earlier had worked with Toll at the University of Maryland, for laying the foundation for a successful campaign.

“Bob Smith’s arrival was very critical,” he says. “Trustees don’t generally understand the mechanisms that happen behind the scenes in fundraising. He helped build the infrastructure within the development office that would support the campaign.”

One of the earliest, and most heartening, validations of the Campaign for Washington’s College came from the Starr Foundation. The foundation, with College Trustee Emeritus John Roberts on its board, pledged $5 million to establish the Center for the Study of the American Experience.

“Charlie Lea [a College trustee] and I went with Dr. Toll to have breakfast with John Roberts in New York. We told him about the idea for the Center, and said we were backing it ourselves. John thought it was a good idea and said he’d like the foundation to put some money up. The Starr gift was the largest single gift they’ve given, and they’ve been supportive all along.”

The Starr Center was one of two academic centers established during the Campaign. The other—the Center for the Environment and Society—builds on the College’s environmental studies program and its location in the heart of the Chesapeake Bay region. Both are housed at the College’s Custom House, a striking Georgian structure that particularly appeals to Griswold’s sense of history. The former chairman of the Maryland Historical Society was instrumental in forging the College’s ties to Kiplin Hall, the English ancestral home of Maryland’s Calvert family. The University of Maryland was sending students of architectural history and preservation to Kiplin Hall each year. Griswold saw a broader potential for Washington College students, and brought it to the attention of the board and the faculty. The result: a summer study abroad session, directed by English professor Richard Gillin, that takes students hiking through England’s Lake District, in the footsteps of English lyric poets. The students are housed at Kiplin Hall.

“I’m intrigued by history,” says Griswold, who easily warmed to the idea of a campaign that drew attention to the school’s founding patron and its history as the first college chartered in the new nation. “What appeals to me is taking an institution that has a long and wonderful history and bringing that into the modern world, bringing it alive. Griswold photoWe’ve done that with Kiplin Hall, and with Washington College. It also speaks to my wonderful experience at Alex. Brown, where we took an older institution and gave it momentum through the 1970s, ’80s and ’90s.”

The campaign also capitalized on the College’s longstanding history with The Hodson Trust and its close relationship with Finn Caspersen, who each year awards seven-figure checks to four Maryland private colleges, Washington College among them. Griswold played a role in devising a giving incentive program funded by the Trust. The Hodson Trust would match dollar-for-dollar each gift of $100,000 or more to endowment, up to $15 million. In all, The Hodson Trust gifts accounted for $25.2 million, or 24.4% of the Campaign total. As market declines slowed the progress of the campaign in its final months, The Hodson Trust support became even more critical.

“The Hodson Trust was desperately important to this Campaign,” Griswold said, “because donors could get twice the bang for their buck. The $500,000 Adrian Reed endowment is a perfect example of how people give to people. Adrian was a friend of mine, and he had a lot of rich friends in New York. They didn’t necessarily know much about Washington College, but they were happy to give to the memory of someone who meant something to them.”

Asked what single achievement of the Campaign gives him the greatest satisfaction, Griswold is loath to play favorites. “Exceeding $100 million is certainly something,” he says. “That’s a pretty serious number, and represents a huge team effort.”

The campaign might be over, but Jay Griswold promises to stick around. As Chairman of the Board, he is committed to seeing the presidential transition through, and is already considering what steps the College must take in order to continue its momentum in the march toward its place among the nation’s top 50 or 60 liberal arts colleges.

“We’re going to take a little breather and then launch into another campaign,” he predicts. “I hope we don’t go through a quiet period, because the momentum we have is terrific. We’ll always need additional funds for scholarships and endowment. Earlier assessments have identified the need to improve the waterfront facilities, the library and the performing arts center, and the need for a student center. I’m not afraid to say that our athletic facilities are embarrassing. These projects, in part, will be driven by who comes up with the money. What concerns me is where the next group of donors will come from.”

Griswold possesses many strengths as a leader. First, he leads by example, putting money behind projects he believes in. The Princeton graduate admits to giving some money to his alma mater, but the lion’s share of his philanthropy comes our way. He says, “the resources I have won’t make much difference at Princeton. I can make a hell of a difference at Washington College.”

Second, he is a friend and mentor, an intensely likeable and trustworthy companion who is always just a phone call away. Whether it’s John Toll, Finn Caspersen or the newest board member on the line, Griswold always answers the call. It is imperative, he says, that a new generation of philanthropists step forward. And it is imperative that the next president be as successful at fundraising as John Toll has been.

“It was Dr. Toll’s credibility and genuineness that made him so successful at it,” he says. “And he has the connections. He knows people, and people respond to him.

“During the last campaign, Douglass Cater talked about putting Washington College into higher orbit. With this campaign, John Toll has lifted it even higher, and we are poised for truly great things. Now we have to go to Mars, instead of the moon.”

Marcia Landskroener is the senior writer for Washington College.



 
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