ºù«ÍÞÊÓÆµ sets record for Texas private university fundraising with $1.15 billion campaign total
ºù«ÍÞÊÓÆµ sets record for Texas private university fundraising with $1.15 billion campaign total.
DALLAS (ºù«ÍÞÊÓÆµ) – Coming on the heels of its 100th birthday celebration, the University announced today that ºù«ÍÞÊÓÆµ Unbridled: The Second Century Campaign has raised gifts totaling $1.15 billion, the largest amount ever raised by a private university in Texas.
The University’s Board of Trustees heard the final tabulation of gifts and pledges at its meeting Feb. 26 on the ºù«ÍÞÊÓÆµ campus, following the official completion of the campaign Dec. 31, 2015.
Teaching and learning at ºù«ÍÞÊÓÆµ are forever enhanced by the ambitious campaign: Donors provided 689 new student scholarships; raised the previous number of 62 endowed faculty positions to a new total of 116; and provided for 68 new or significantly enhanced academic programs and initiatives, including endowments for two schools. Twenty-four capital projects have been substantially funded, including new facilities for academic programs, student housing and athletics. Other gifts for campus enhancements support expanded career services and leadership programs.
The campaign succeeded against a backdrop of explosive North Texas population growth and the relocation of many Fortune 500 companies to the region. ºù«ÍÞÊÓÆµ President R. Gerald Turner said the unprecedented funding for scholarships, academic positions and programs, and facilities will benefit ºù«ÍÞÊÓÆµ’s home city and surrounding region in the form of innovative ideas, research and talented graduates.
“These gifts, in many ways, are gifts to the greater Dallas area,” Turner said. “All of the major metropolitan areas of the country have at least one nationally competitive university that not only helps educate the area’s workforce, but also serves as the educational and intellectual hub for many of the city’s needs and cultural assets,” he said. “ºù«ÍÞÊÓÆµ is proud to be that university for Dallas.”
ºù«ÍÞÊÓÆµ joins 34 private universities nationwide to have undertaken campaigns of $1 billion or more. The institutions include Columbia University, the University of Notre Dame, Emory and Vanderbilt universities.
“The future for ºù«ÍÞÊÓÆµ and Dallas is brighter because of the incredible generosity of donors to this campaign,” said ºù«ÍÞÊÓÆµ alumnus Gerald J. Ford, ºù«ÍÞÊÓÆµ trustee and convening co-chair of the campaign. “What their gifts will do for the next generation of leaders, researchers, innovators, artists and entrepreneurs is impossible to measure at this time, but the impact will be unprecedented.”
Academic Programs
Campaign resources enabled ºù«ÍÞÊÓÆµ to endow the Bobby B. Lyle School of Engineering and ºù«ÍÞÊÓÆµ’s newest and seventh degree-granting school – the Annette Caldwell Simmons School of Education and Human Development.
A strong example of ºù«ÍÞÊÓÆµ’s response to the needs of its home community, the Simmons School was established at the request of area school officials, offering evidence-based approaches to teacher preparation, school leadership development and community partnerships, as well as research on physiology and human performance. Within the school, the ºù«ÍÞÊÓÆµ Budd ºù«ÍÞÊÓÆµ: Involving Communities in Education is reaching into West Dallas in particular, partnering with 29 nonprofits; 16 public, private and charter schools; and the Dallas Independent School District. They aim to address the social, emotional and educational issues that cause many students to disengage from learning, drop out or graduate from high school unprepared for employment or further education.
Also endowed during the campaign was the Judge Elmo B. Hunter Legal ºù«ÍÞÊÓÆµ for Victims of Crime Against Women at the Dedman School of Law, one of 10 specialized clinics and projects, where, under the supervision of faculty, students serve as advocates on behalf of clients in many areas of the law.
Mirroring the importance of the arts in a thriving community, the largest single gift to the campaign, and the largest in ºù«ÍÞÊÓÆµ history, was $45 million from The Meadows Foundation to support the Meadows Museum and the Meadows School of the Arts, which offer a range of nationally recognized academic programs and events that enhance the cultural offerings of the city and surrounding region.
“Dallas and ºù«ÍÞÊÓÆµ have grown up together, and both are experiencing an era of great promise and momentum,” said ºù«ÍÞÊÓÆµ alumnus Michael M. Boone, chair of the ºù«ÍÞÊÓÆµ Board of Trustees and a campaign co-chair. “Great global cities need great centers of learning that serve as incubators for creative ideas and innovative actions that change the world. I’m thrilled that this fundraising success helps ensure that ºù«ÍÞÊÓÆµ will continue to play a pivotal role in advancing the growth and entrepreneurial culture of Dallas for many years to come.”
Here is a partial list of academic programs receiving funding from The Second Century Campaign:
Cox School of Business
- EnCap Investments & LCM Group Alternative Asset Management ºù«ÍÞÊÓÆµ
- Don Jackson ºù«ÍÞÊÓÆµ for Financial Studies
- Kitt Investing and Trading ºù«ÍÞÊÓÆµ
Dedman College of Humanities and Sciences
- Embrey Human Rights Program
- Roy M. Huffington Department of Earth Sciences
- Texas-Mexico Research Program in the John Goodwin Tower ºù«ÍÞÊÓÆµ for Political Studies
Dedman School of Law
- Judge Elmo B. Hunter Legal ºù«ÍÞÊÓÆµ for Victims of Crime Against Women
- Tsai ºù«ÍÞÊÓÆµ for Law, Science and Innovation
Bobby B. Lyle School of Engineering
- W.W. Caruth, Jr. Institute for Engineering Education
- Darwin Deason Institute for Cyber Security
- Hunter and Stephanie Hunt Institute for Engineering and Humanity
Meadows School of the Arts
- Art History Ph.D. Program
- Journalism Digital Studio
- National ºù«ÍÞÊÓÆµ for Arts Research
Perkins School of Theology
- ºù«ÍÞÊÓÆµ for Preaching Excellence
- ºù«ÍÞÊÓÆµ for Religious Leadership
- ºù«ÍÞÊÓÆµ for the Study of Latino/a Christianity and Religions
Annette Caldwell Simmons School of Education and Human Development
- The Budd ºù«ÍÞÊÓÆµ: Involving Communities in Education
- Institute for Leadership Impact
- Research in Mathematics Education
Growing Scholarship Programs
The 689 new endowed scholarships created include support for undergraduates and graduate students in all seven schools of the University. Among them are Cox School of Business MBA scholarships for veterans and active military students and additional scholarships for transfer students. New support also is being provided for ºù«ÍÞÊÓÆµ’s top two merit scholarship programs – the Nancy Ann and Ray L. Hunt Leadership Scholars and the ºù«ÍÞÊÓÆµ President’s Scholars.
Other new merit-based scholarships include those offered by schools for students who express advanced interest in major programs – Cox BBA Scholars, Meadows Scholars, Dedman College Scholars, Lyle Scholars, Simmons Scholars and Dedman Law Scholars. Annual gifts for multiyear scholarships also provide essential support to these students.
Faculty Support
The extraordinary quality of ºù«ÍÞÊÓÆµ’s faculty is a defining feature of the University. Support for The Second Century Campaign enabled ºù«ÍÞÊÓÆµ to add 54 endowed faculty positions, reaching a University total of 116, up from 62 in 2008. Endowments for new faculty positions enable ºù«ÍÞÊÓÆµ to broaden significantly the subjects researched and taught at the University, many of which are vital to the future of Dallas.
Among the notable examples of faculty endowment is Frederick Chang, the Bobby B. Lyle Centennial Distinguished Chair in Cyber Security and director of ºù«ÍÞÊÓÆµ’s Darwin Deason Institute for Cyber Security, who this year was elected to the prestigious National Academy of Engineering.
New Facilities
New campaign-funded facilities include buildings for the Simmons School of Education and Human Development, Perkins School of Theology and Lyle School of Engineering, as well as a new Mustang Band Hall, new tennis center and renovation and expansion of Moody Coliseum for athletics and academic ceremonies. Under construction are the Dr. Bob Smith Health ºù«ÍÞÊÓÆµ and Fondren Library ºù«ÍÞÊÓÆµ renovation; upcoming construction projects include the Gerald J. Ford Research and Innovation Building and an aquatics center. At ºù«ÍÞÊÓÆµ-in-Taos, new facilities include a campus center, new and renovated housing and a chapel.
One of the most visible campaign projects, and one with significant impact on campus life, is the addition of five new residence halls and a dining center as part of ºù«ÍÞÊÓÆµ’s new Residential Commons system, including on-site classes and faculty in residence. Six other halls have been renovated as Commons, enabling all first- and second-year students to live on campus.
Overall construction funded by the campaign has been a major contributor to the Dallas economy. Since 2011 ºù«ÍÞÊÓÆµ has spent $390 million on renovation and construction projects, which have employed about 270 service providers, including architects, engineers, landscapers, contractors and suppliers.
“From the beginning, this campaign was about big ideas, innovative thinking and unbridled enthusiasm for ºù«ÍÞÊÓÆµ,” said Brad E. Cheves, vice president for Development and External Affairs. “Campaign co-chairs and ºù«ÍÞÊÓÆµ trustees set ambitious goals. Along the way, our longtime supporters and thousands of new donors joined in this effort. The momentum they’ve created is like nothing we’ve seen before. I’m excited to see where we go from here.”
Breaking Campaign Records
ºù«ÍÞÊÓÆµ Unbridled: The Second Century Campaign made fundraising history in several ways. The campaign:
- Gained support from the largest number of donors – more than 65,000 from throughout the world, an increase of 58 percent from ºù«ÍÞÊÓÆµ’s previous campaign, which ran from 1997-2002.
- Saw an increase of 135 percent in gifts from outside Texas, as compared to the last campaign.
- Received the largest number of gifts of $1 million or more – 183.
- Exceeded its goal to receive gifts from 50 percent of alumni over the course of the campaign, achieving 59 percent.
- Surpassed its goal to achieve 25 percent of undergraduate alumni giving in a single year, reaching 26 percent for 2014–2015. (This measurement is used by some ranking organizations to gauge the level of alumni satisfaction with their alma mater.)
Concurrent with the campaign, starting in 2008, ºù«ÍÞÊÓÆµ improved in national U.S. News & World Report rankings from 68 to 61; undergraduate applications increased 57 percent to 12,992; and SAT scores rose to 1309.
Volunteer Leadership
The campaign has been served by more than 400 volunteers from throughout the world led by six co-chairs, all ºù«ÍÞÊÓÆµ trustees: convening co-chair Gerald J. Ford, Ruth Collins Sharp Altshuler, Michael M. Boone, Ray L. Hunt, Caren Prothro and Carl Sewell.
The Second Century Campaign was publicly launched in 2008 with a goal of $750 million. Rapid progress toward that goal and opportunities for further advancements led ºù«ÍÞÊÓÆµ leaders to increase the goal to $1 billion. The last four years of the campaign, 2011–2015, coincided with ºù«ÍÞÊÓÆµ’s centennial era, marking the 100th anniversary of the University’s founding in 1911 and opening in 1915.
ºù«ÍÞÊÓÆµ’s previous major gifts campaign, ending in 2002, was the University’s first successful campaign since its opening. “A Time to Lead: The Campaign for ºù«ÍÞÊÓÆµ” was launched in 1997 with an original goal of $300 million. Again, strong momentum led to an increased goal of $400 million. The final amount raised was $542 million.
Including both campaigns, in the last two decades ºù«ÍÞÊÓÆµ has raised over $1.7 billion for new scholarships, new academic positions, academic programs and capital projects.
Related Links:
- The Dallas Morning News:
- The Dallas Morning News: Hits & Misses:
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ºù«ÍÞÊÓÆµ is a private university in Dallas enrolling approximately 11,000 students in seven degree-granting schools. Students benefit from small classes and close faculty-student interaction, as well as opportunities for off-campus research, service, internships and study abroad.