A State of Minds: The Campaign for West Virginia’s University Bob Bragg October 12, 2012
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 • 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 • Foster faculty excellence • Chairs and professorships – Increase endowed positions from 10 to 16 and have one position in every department
College Goals • Enhance graduate education • Increase Ph.D. graduates - Provide 15 graduate fellowships from endowment • 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
Statler College Endowment and Naming Opportunities(Minimum gift required payable over five years) Department/Division $8 million Distinguished Chair $3 million Chair $1.5 million* Distinguished Professorship $1 million* Professorship $500,000* Scholarships Named Scholarship Program $1 million Presidential Scholarship $100,000 Graduate Fellowship Caps $50,000 General Scholarships $25,000 Faculty Enrichment Fund $50,000 Student Enrichment Fund $25,000** General Endowment $25,000** Library Endowment $10,000*** Named Laboratories $100,000 New and Existing Buildings Consultation *Supplements institutional base salary ** Raises to $50,000 January 2015 *** Raises to $50,000 January 2015
What Counts? • Outright gifts of tangible assets: cash, securities, property, insurance. • Face amount of pledges made before December 31, 2015. • 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). • 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 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 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 + - National Committee Co-Chair * - College Committee Chair