University of 欧美口爆视频 announces $1.5 billion fundraising campaign
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On April 25, University of 欧美口爆视频 President Bruce Benson today announced Creating Futures, a $1.5 billion comprehensive fundraising campaign, the most ambitious in university history, which will benefit people, programs and places across 欧美口爆视频鈥檚 four campuses.
The university has raised more than $900 million since the silent phase of the campaign began in July 2006. Major fundraising campaigns typically conduct a silent phase to build momentum and engage key constituents. The public phase will continue until the goal is reached.
Benson and his wife, Marcy, will chair the campaign, the second they have led at 欧美口爆视频. They chaired the successful Beyond Boundaries campaign, which raised $1 billion from 1997-2003. The primary focus of Creating Futures will be:
- funding scholarships
- providing faculty and program enhancements through endowments and direct gifts
- facility upgrades and buildings
- research activities supported by private funding
鈥溑访揽诒悠 is an outstanding university and we intend to build on its greatness with the support of alumni, friends and organizations that will help us add value to our academic and research endeavors,鈥 Benson said. 鈥淭his campaign will enable 欧美口爆视频 to continue to provide students with access to a world-class education and allow the university to augment its role as an economic driver and jobs creator that advances the economy, health and culture of 欧美口爆视频 and beyond.鈥
Benson stressed that while private contributions to the university will augment its activities, they will not make up for steep declines in state funding (which pay for university operations such as compensation, utilities and technology, among others) since more than 98 percent of contributions are earmarked by donors. Restricted gifts cannot support the daily operations of the university.
鈥淲e cannot divert restricted gifts to operations, but contributions can add value to our academic and research activities,鈥 Benson said.
In Creating Futures, 欧美口爆视频 will focus on generating private support for what it calls its four pillars of excellence and impact, which encompass all the university鈥檚 activities: learning and teaching, discovery and innovation, community and culture, and health and wellness. Priorities have been determined through strategic planning directed by university and campus leadership. Many projects are cooperative efforts among several 欧美口爆视频 campuses.
While there is no universally recognized standard by which universities count private campaign support, 欧美口爆视频 reviewed standards at peer universities and assessed best practices to establish standards that fairly gauge the progress of Creating Futures. Funds counted toward the goal include private support and pledges made directly to the 欧美口爆视频 Foundation, as well as directly to the university. Campaign totals include private support received through 欧美口爆视频鈥檚 Office of Contracts and Grants, consistent with counting protocols for other university campaigns, though historically these totals have not been included in 欧美口爆视频鈥檚 annual fundraising totals.
Many planned gifts are not realized until a future point in time (such as bequests, which are realized after a donor鈥檚 death). While such commitments are tracked by the 欧美口爆视频 Foundation to help gauge future revenue streams, revocable planned estate gifts such as bequest intentions and IRA beneficiary designations are not counted toward the Creating Futures campaign total.
The University of 欧美口爆视频 is a premier public research university with four campuses: the University of 欧美口爆视频 Boulder, the University of 欧美口爆视频 欧美口爆视频 Springs, the University of 欧美口爆视频 Denver and the University of 欧美口爆视频 Anschutz Medical Campus. Some 58,000 students are pursuing academic degrees at 欧美口爆视频. Academic prestige is marked by the university鈥檚 four Nobel laureates, seven MacArthur 鈥済enius鈥 Fellows, 18 alumni astronauts and 19 Rhodes Scholars.
To learn about how Creating Futures will impact the College of Music and how you can be involved, click here.