Transcript Slide 1

A State of Minds: The Campaign for West
Virginia’s University
Bob Bragg
October 12, 2012
College Footprint
Faculty
Staff
Academic Departments
Undergraduate Students
Graduate Students
Total Annual Exp.
Annual Research Exp.
Alumni
In-State Alumni
Avg. Annual Charitable Gifts
Endowed Funds
College Campaign Goal
135
160
7 + Extension & Outreach
3,314
697
~$60 million
$33 million
~20,250
22%
$4 - $7 million
~$48 million
$165 million
A State of Minds:
The Campaign for West Virginia’s University
•
•
•
•
•
Public Announcement June 2, 2012
July 1, 2007 – December 31, 2015
$750 million goal
$538 million raised
Six goals:
– Enhance the undergraduate student experience and global
education
– Advance the research initiative of the University
– Enable WVU to improve West Virginia’s health, economy and
quality of life
– Foster faculty excellence
– Enhance WVU through professional and graduate education
– Support healthcare through research, education and patient care
College Goals
1. Enhance the undergraduate student experience and
global education
– Grow our student body to 4,000
– Increase scholarships – 200 new endowed
scholarships or their equivalent
– Fund student opportunities, capstone projects,
national competitions – Need $200,000 annually
2. Foster faculty excellence
– Chairs and professorships – Increase endowed
positions from 10 to 16 and have one position in
every department
College Goals
3. Enhance graduate education
– Increase Ph.D. graduates - Provide 15 graduate
fellowships from endowment
4. Advance the research initiative of the University
• Support each department’s research initiatives – double
our overall endowment from $32 million to $60 million
• Expand our college
footprint to include a
new Advanced
Engineering Research
Building - $20 million
College Goals and Results
Gifts and
Pledges
Statler College Campaign Summary
Enhance the undergraduate student experience and
Undergraduate Scholarships
Student opportunities, capstone projects and competitions
Advance the research initiative of the University
Academic Programs/Research
Advanced Engineering Research Building
Equipment Fund
Foster faculty excellence
Chairs and Professorships
Enhance graduate education
Graduate Fellowships
Undesignated Expectancies
Undesignated
Total
$
$
5,202,085 $
345,646 $
Campaign
Goal
7,500,000
5,000,000
$ 35,178,105 $ 35,000,000
$ 8,650,030 $ 15,000,000
$
650,170 $ 5,000,000
$ 11,408,649 $ 15,000,000
$
1,180,871 $
7,500,000
$ 3,025,001 $ 3,000,000
$ 65,640,557 $ 93,000,000
In-Kind Gifts
$ 71,443,772 $ 72,000,000
Total Raised for the Campaign
$ 137,084,330 $ 165,000,000
Sources of Campaign Funding (2007-2012)
Source
Alumni
Corporation
Donor Advised Fund
Estate
Foundation
Government*
Individual
Organization
Trust
Total
* WV Research Trust Fund
Gifts and Pledges
$ 41,273,814.96
$ 76,397,029.66
$
106,050.00
$
466,675.71
$
498,643.16
$ 15,808,142.00
$ 1,775,774.38
$
215,666.54
$
542,533.32
$ 137,084,329.73
Statler College
Endowment and Naming Opportunities
(Minimum gift required payable over five years)
Department/Division
$8 million
Faculty Enrichment Fund
$50,000
Distinguished Chair
$3 million
Student Enrichment Fund
$25,000**
Chair
Distinguished
Professorship
$1.5 million*
General Endowment
$25,000**
Library Endowment
$10,000***
Professorship
$500,000*
Named Laboratories
$100,000
$1 million*
New and Existing Buildings Consultation
Scholarships
Named Scholarship
Program
$1 million
Presidential Scholarship
$100,000
Graduate Fellowship Caps
$50,000
General Scholarships
$25,000
*Supplements institutional base salary
** Raises to $50,000 January 2015
*** Raises to $50,000 January 2015
What Counts?
1. Outright gifts of tangible assets: cash, securities, property, insurance.
2. Face amount of pledges made before December 31, 2015.
3. Planned Gift
– Charitable Trust through the WVU Foundation
– Pledges to make a gift by will (only for donors who will be 70 y.o.a. by
December 31, 2015).
4. Matching funds from WV Research Trust Fund (funding not available
for this fiscal year).
• All gifts must be received through the WVU Foundation.
Public Campaign Events
October 24 – Boston, MA
November 12 – 13 – Denver, CO
January TBA – Naples, FL
February 6 – Tampa, FL
March 19 – Cleveland, OH
June 7 – Woodburn Circle / Alumni
Weekend – Morgantown, WV
June 18 – Raleigh, NC
College Campaign Team
Gregory S. Babe, CEO of Orbital
Engineering, Inc.
Jess C. Ball, President of Cornerstone
Assets
George B. Bennett, Goodmeasures
E. J. “Jed” DiPaolo, energy partner for
Growth Capital Partners, L.P.
Sharon O. Flanery, leads the Energy
Team for Steptoe & Johnson, LLP
Margaret M. Hall, retired from IBM
Global Business Services
Glen H. Hiner, retired Chair and CEO
of Owens Corning
Mike John, President of Northeast
Natural Energy
Bret A. Marks program leader with
Boeing Military Aircraft
William H. McCartney is an energy
trader with Vitol S. A., Inc.
Robert O. Orders, President of Orders
Construction Company, Inc.
Verl O. Purdy+, CEO and Founder of
Cadrillion Capital
Fred D. Rine, CEO and founder of
FDRsafety, LLC
Benjamin M. Statler*, chairman of
Pachiraco
H. Wood “Woody” Thrasher,
President and CEO of Thrasher
Engineering, Inc.
Charles M. Vest, President of the
National Academy of Engineering
+ - National Committee Co-Chair
* - College Committee Chair