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Purdue fund-raising efforts
exceed year's expectations
By Laura Pelner
Campus
Editor
Purdue alumni are generous.
So generous, in fact, they're willing to help shape
this University's future by donating large monetary gifts.
For the 2000-2001 academic year the University
received $173.9 million in gifts and pledges, half of which came from
alumni.
The almost $174 million is $60 million higher than
last year's raised funds, which totaled $113.3 million, and more than
$50 million higher than the University's goal for the year.
"I think this past year has been very successful,"
said President Martin Jischke. "It represents a terrific team effort
by the people at Purdue … It's a strong indication that our alumni
and friends share our ambitions for Purdue and are pleased to help us."
Broken down, the gifts came as follows — $43.2
million in pledges, which are essentially gifts that come in installments;
$95 million in outright gifts of cash and securities; $20.4 million
in irrevocable deferred gifts, which come from legal documents and trusts;
$550,697 in real estate; $514,152 from the annual telefund campaign;
and $14.6 million in gifts-in-kind, which include computers, software
and laboratory equipment.
The gifts were from alumni, corporations, foundations
and friends of Purdue.
"A lot of our donors look at making a gift as making
an investment," said Carolyn Gery, associate vice president for advancement.
"They feel like they're taking the money they've earned and donating
it to help a child or society."
Gery said the University's raised funds will make
a visible difference on campus. She said the money will go toward scholarships
for incoming students, endowed professorships for faculty and new buildings.
When Jischke came to Purdue last year one of his
goals was to increase fund raising, which he's obviously done. "This
last year there's been a re-emphasis, renewed energy and excitement
about what Purdue's about," Gery said.
Along with this, the University Advancement Office
was restructured this year and a new administrator, Murray Blackwelder,
senior vice president for advancement, was added to the team.
Blackwelder said with the reorganization, the University
is preparing a "major capital campaign," which includes a $200 million
fund-raising goal for next year.
In another effort to highlight fund raising on
campus, the University is hosting Discover Purdue Week through next
Friday. Each day, for the next week, beginning Sept. 7, the University
will unveil a gift it's received.
The announcements include plans for a nanotechnology
center and Discovery Park Friday, a gift to the Center of Urban and
Industrial Pest Management Monday, a gift to the School of Technology
and one to the School of Consumer and Family Sciences Tuesday, a gift
to the forestry department Wednesday, a gift toward an interdisciplinary
effort Thursday, and a gift to mechanical engineering and one for the
Ross-Ade Stadium renovation Friday.
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CAMPUS DESK PHONE:
(765)
743-1111 ext. 253
Campus editor:
Laura Pelner
Assistant campus
editors: Kurt Esposito,
Dave Stephens
To
send a letter to the editor, please email opinions@purdueexponent.org
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