ATHENS, Ohio (May 18, 2004) -- Benefiting from staunch local support and an impressive commitment from faculty and staff, Ohio University announced the achievement of its Bicentennial Campaign by exceeding its goal, raising $202.3 million in gift commitments during a celebration and ceremony today at the rotunda of Walter Hall. The campaign officially ends June 30.
The campaign's success to date has been driven in large part by the more than 3,447 supporters in Athens and its contiguous counties whose generosity netted more than $10.5 million, with the average gift totaling $3,046. Of the community donors, about half, or 1,710, are university alumni. Nearly 500 community donors gave gifts of $1,000 or more and 16 donors committed gifts of $100,000 or greater. An additional $10 million has been raised in gifts and commitments from 2,688 faculty and staff, with an average gift of $3,745. This impressive effort far exceeded the $6 million goal for the faculty/staff portion of the campaign.
"Ohio University has a long and proud legacy of offering the type of educational experience that allows young people to reach their personal and professional goals," Ohio University President Robert Glidden said. "The support generated by this campaign positions the university favorably to continue that tradition and to meet future challenges. The bottom line has been, and continues to be, providing excellence in education."
Overall, more than 85,000 donors contributed to the largest fund-raising effort in the history of the university, which sought to provide money for scholarships, endowed faculty positions, technological enhancements, innovative academic programs and some capital improvements.
"Community members and university employees treasure this institution as evidenced by this outstanding support. Ohio University is proud to be a part of southeastern Ohio and takes its role as a regional resource very seriously," Vice President for University Advancement Leonard Raley said.
The generous support of the donors makes it possible for the university to eventually establish eight new Endowed Chairs and 35 new Named Professorships to support continued excellence in teaching and research and to assure $40.1 million to support many existing scholarships as well as to create 1,226 new scholarships - including 68 Cutler Scholarships. The campaign also raised $11.6 million for new or improved capital facilities, $29.3 million for innovative programs and $13.2 million in technological enhancements.
"Many of these areas were generously supported by the faculty and staff in our portion of the campaign. These are all reasons for us to cherish Ohio University's past, even as we celebrate its future," said Samuel Crowl, Trustee Professor of English and co-chair of the faculty/staff campaign.
Louis Wright, chair and professor of physics and astronomy and co-chair of the faculty/staff campaign, said, "With the reduction in support by the State of Ohio, private giving becomes an increasingly important way of building the reputation of Ohio University and of giving students the opportunities they deserve."
Much of the money raised will be placed in the university's endowment and projects will be funded with the endowment's investment earnings. Ohio University's endowment has grown from $69.3 million in 1991 to nearly $168 million this academic year. The endowment got a boost during the university's last fund-raising effort, the Third Century Campaign, which ran from 1988 to 1993 and raised $132 million. For more information about the campaign or to make a gift, visit the Web at www.ohiou.edu/campaign/.
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Media Contact: Media Specialist Jack Jeffery, (740) 597-1793, or Vice President for University Advancement Leonard Raley, (740) 593-0061
Editor's Note: Photos from the event can be downloaded from the Web at: