225th Anniversary Campaign closing in on June 30, 2010, deadline and $42 million goal
The 225th Anniversary Campaign is nearing its finish line of June 30, 2010, with an outstanding overall success story that still includes two areas where donor support is needed.
Contributors to the campaign have pushed the total to $41 million, just $1 million shy of the $42 million goal. Among notable areas of success are endowment funds for scholarships and the support of endowed chairs. Still needing funding are the Brown Science Center laboratory renovation project and completion of the goal of new student residence facilities.
“We’re gratified at the tremendous support we have received thus far,” said Mark Blankenship ’81, acting vice president for development. “Members of our Board of Trustees have demonstrated exceptional leadership throughout this campaign and have helped to inspire alumni, faculty and staff members, friends, and corporations and foundations to increase their giving.”
The $6 million goal for endowed scholarships has been more than doubled, with $14.7 million in contributions. The three endowed chairs have been funded, with one—the Lucille Little Endowed Chair in Theater—already occupied by drama professor Tim Soulis. The recent $2.9 million bequest from the estate of Margaret J. Lewis ’37 will fund the other two.
Among other campaign goals already realized are construction of the Glenn Building, the creation of a new Career Development Center suite, renovation of Haupt Plaza, and construction of three new tennis courts and renovation of three others. The Glenn Building, which houses a bookstore and Jazzman’s Café, was supported by a lead gift from the late trustee James F. Glenn.
The first stage of new residence facilities was realized in 2008 with the dedication of the $5.5 million Thomson Residence Hall, supported by a lead gift from trustee Joe Thomson ’66 and his wife, JoAnn. The University is currently studying plans for additional new residential space that would require new funding.
“Thomson Hall has allowed us to offer upper-class students suite-style amenities with more privacy, which is something many students have been used to in their home environment,” said Blankenship. “Our next stage of student housing will continue that trend and also help us lower the density in our more traditional residence halls.”
The largest single remaining need in the campaign is the $2.5 million required to complete lab renovations in Brown Science Center. Seven of the 11 spaces have been renovated and are in use by faculty and students. (See article on page 8.)
“Everyone who has given to this campaign thus far is helping to ensure the future of this historic institution,” said President Charles L. Shearer. “The many benefits to students and faculty are already having a measurable impact on improving the living and learning environment at Transylvania. We are very optimistic that we will reach all of our remaining goals by June 30.”