MISSION (adopted as part of the Strategic Plan approved by the Board of Directors in December 2010; reaffirmed by the Five College Board of Directors, May 2017)
Five Colleges, Incorporated, sustains and enriches the excellence of its members -- Amherst, Hampshire, Mount Holyoke, and Smith colleges and the University of Massachusetts Amherst -- through academic and administrative collaboration. The consortium facilitates intellectual communities and broad curricular and cocurricular offerings; affording learning, research, performance and social opportunities that complement the distinctive qualities of each institution.
STATEMENT OF PURPOSE (from the Articles of Incorporation as revised March 8, 1994)
- The primary purpose of the corporation is to promote the broad educational and cultural objectives of Amherst College, Hampshire College, Mount Holyoke College, Smith College and the University of Massachusetts (the “five institutions”):
i. by encouraging and fostering closer cooperation and understanding among the faculty, staff and students of the five institutions;
ii. by promoting and developing opportunities for joint lectures, concerts, plays, games and other activities for sharing the use of the educational and cultural facilities of the five institutions;
iii. by promoting and developing opportunities for a better understanding of the peoples, cultures and institutions of other nations;
iv. by facilitating the development of curricula;
v. by facilitating the development of, or acting as participant in, research or educational facilities, projects or other undertakings;
vi. by arranging or providing for inexpensive transportation for faculty, staff and students of the five institutions within the United States and to foreign countries; and
vii. by engaging in any other activities that the members deem appropriate to promote the broad educational and cultural objectives of the five institutions.
In furtherance of that primary purpose, the corporation shall have all of the powers specified in Massachusetts General Laws, Chapter 156B, section 9, except those provided in paragraph (m) thereof and all other powers permitted by law from time to time and shall have the power to be a partner in any enterprise which the corporation would have the power to conduct by itself.
No part of the net earnings of the corporation shall inure to the benefit of any member, associate, trustee, officer or other private individual, no substantial part of the activities of the corporation shall consist in carrying on propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements), any political campaign on behalf of any candidate for public office.
Except as may be otherwise required by law, the corporation may at any time liquidate and wind up its affairs and dissolve by the affirmative vote of two-thirds of the total number of members of the corporation having the right to vote, provided, however, that any liquidation or winding up of the affairs of the corporation its entire assets remaining after providing for the payment of its debts and obligations shall be conveyed, transferred and set over to and among Amherst College, Hampshire College, Mount Holyoke College, Smith College and the University of Massachusetts, in equal shares, for their general educational purposes.