The Campaign for DePauw becomes the largest in university history
Having raised $380 million in gifts and commitments to date, The Campaign for DePauw officially became the largest campaign in university history this week.
University President Mark McCoy announced Wednesday that the campaign, which concludes on June 30, had surpassed all previous efforts in the school’s history.
“To achieve a campaign amount of this magnitude is a tribute to our alumni, trustees and committed donors around the world,” McCoy said. “The exceptional loyalty and generosity of alumni and friends reflect the quality of the DePauw experience and our tradition of producing leaders the world needs.”
David Hoover, 1967 graduate and co-chairman of DePauw’s National Campaign Committee, also applauded his fellow supporters of the university.
“DePauw alumni and friends have made a historic investment in our student experience through this campaign,” Hoover said, “particularly to ensure access to an education of the highest quality for generations to come.”
A cornerstone of the campaign, which was launched in October 2014, is support for student access and financial aid, which brought $93 million in new endowed funds for student scholarships, including $17.3 million in gifts and commitments to the Rector Scholarship Endowment announced last weekend at a centennial celebration of Edward Rector’s “Investment in Humanity” to establish the historic scholarship in spring 1919.
“We are so grateful to alumni and friends who are helping us position DePauw for the future,” said Sarah R. Wallace, a 1976 graduate who co-chairs the National Campaign Committee. “This campaign puts DePauw in a position to grow stronger through these challenging and changing times in higher education.”
In addition to $93 million for scholarships, gifts to the campaign included:
-- $71 million for academic life, including funds for student-faculty research across the curriculum, endowed chairs and support for the School of Music,
-- $40 million for student engagement and experiential learning,
-- $91 million in investments to the campus,
-- $48 million in unrestricted support and other areas,
-- $36 million in annual operating support through The Fund for DePauw.
DePauw’s previous campaign record total was $376.6 million set in 2000 at the close of The Campaign for DePauw: Leadership for a New Century.
“On behalf of the DePauw community, we are deeply grateful to all alumni and friends who provided support at all levels to The Campaign for DePauw to benefit current and future generations of students,” said Steve Setchell, class of 1996 and vice president for development and alumni engagement.
Although gifts to The Campaign for DePauw reached a record total, the university is always looking for alumni and friends willing to invest in the educational experience of DePauw students.