8
Campaign moves into high gear
The Kresge Foundation approves $750,000 challenge grant
he Campaign for Siena Heights
University took a giant step
forward this summer when The
Kresge Foundation approved a $750,000
challenge grant for Siena Heights.
The Kresge grant, designated for an expansion of the Fieldhouse, is contingent on
Siena’s ability to raise all remaining funds
for the campaign by December 31, 2003.
All gifts received by that date—whether for
the Fieldhouse, another campaign project,
endowment or the Annual Fund—will help
Siena Heights meet the Kresge challenge
and qualify for the $750,000.
$750,000 grant. To receive the grant, SHU
must first raise all other remaining funds for
the campaign.
The Kresge Foundation of Troy, MI, is an
independent, private foundation created by
the personal gifts of Sebastian S. Kresge,
and is not affiliated with any corporation or
organization.
The $12.5 million campaign includes funds
for capital projects, endowment growth,
academic programs and operations support.
All projects will help SHU support students,
achieve academic distinction and ensure a
vibrant campus environment.
University leaders have now intensified
their focus on raising approximately $3
million by the end of 2003 to qualify for the
For complete information on giving
opportunities in The Campaign for
Siena Heights University, contact
Vice President for Advancement Tom
Kavanagh at 517/264-7148 or toll-free
at 800/693-0506. All campaign and
annual fund gifts help satisfy the Kresge
Challenge.
CMS Renovation:
From one successful challenge to the next!
n May, Siena Heights received a
$50,000 check from the George
I. Alden Trust in Worcester, MA,
supporting the $1.9 million renovation of
the facilities in the Division of Computing,
Mathematics and the Sciences (CMS).
“We are pleased, proud and very excited to
receive this endorsement from The Kresge
Foundation,” President Rick Artman said.
“Everyone involved in the campaign is dedicated to raising the funds needed to meet the
challenge set forth by Kresge.”
Campaign Opportunities:
To qualify for the Alden money, which like
the Kresge gift was a challenge grant, SHU
needed to raise $150,000—three new dollars
for each $1 from the Trust—from alumni,
friends and corporate donors. In fact, the
University raised $218,996 in qualifying
gifts
and
pledges from
86 alumni,
six
corporate donors
and
one
foundation.
Dr. Donita
Sullivan ’52
(shown with
President
Artman) and
Drs. Thom
’78
and
Sue Kessler
Gross
’78
headed up
the challenge response, first by contributing
generously themselves and then by leading
a fund-raising campaign among other CMS
alumni.
With the Alden challenge now met, Siena
Heights invites CMS alumni and friends to
embrace the Kresge challenge! The University still seeks about $350,000 to complete
the funding for the CMS renovation. All
gifts received by December 2003—including contributions to the CMS project—will
help SHU qualify for the Kresge grant.