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Summer 2002 |
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The Lilly Endowment Inc. will match contributions totaling up to
$3.5 million to Rose-Hulman Institute of Technology until Dec. 31, 2003. The
Endowment's "Special Initiative to Strengthen Philanthropy for Indiana Higher
Education Institutions" is designed to encourage contributions from alumni,
faculty, staff, students, parents and others who have a special interest in
Rose- Hulman. Each of Indiana's 38 two- and four-year private and public
accredited colleges and universities is eligible to participate in the matching
gift program which could potentially provide $138 million to strengthen higher
education in the state. All the funds will be used for academic purposes. The
matching grant funds will be allocated at the discretion of each institution's
president, according to the Endowment. The breakdown of the challenge program
includes: Up $3 million must come from alumni. Up to $250,000 from parents and students (including parents of
alumni) Up to $250,000 from current or former faculty and staff. "This initiative is another example of the Lilly Endowment's
outstanding leadership that is providing vital support to the development of
higher education," said Rose-Hulman President Samuel Hulbert. "This initiative
will have a significant, positive impact on our efforts to achieve goals that
are important to Rose-Hulman's future." In announcing the program, Sara B. Cobb, Endowment vice
president for education, stated, "It is known that higher education institutions
that have broad support from their alumni and other interested parties are
frequently among the strongest institutions in the country. We hope that this
initiative will cause more of those closest to Indiana institutions to develop
habits of supporting them. We also hope that in providing that support they will
become more engaged in the affairs of their college or university. This program complements an earlier approved, potentially $38
million Endowment initiative for the same institutions. The "Initiative to
Strengthen Board Commitment" provides challenge grants to encourage giving by
members of the governing boards of Indiana colleges and universities. The General Motors Foundation has awarded Rose-Hulman Institute
of Technology $40,000 to support the college's continued efforts to recruit
women and minority students in engineering and science academic programs. The donation renews four annual GM minority or women
scholarships, including a summer internship at a GM production facility;
educational technology stipends that underwrite the costs of required laptop
computers for freshman students; and a commitment to recruit high school
students for Rose-Hulman's Operation Catapult pre-engineering/science summer
program. General Motors' support helps Rose-Hulman attract high quality
students and helps increase the diversity of the student body, according to
Richard Boyce, Rose-Hulman's director of corporate and foundation relations.
Rose-Hulman is considered one of General Motors Corporation's priority campuses
for the recruiting of new employees and ongoing support. Chet Huber, president
of GM OnStar, is the automaker's key executive contact with the college. A service learning project on campus this fall will be
construction of a Habitat for Humanity House on campus. After it is constructed,
it will be moved to a permanent location in Terre Haute. For more information
about the project or to provide support, contact Professor Caroline Carvill at
812-877-8284 or via e-mail at:
caroline.carvill@rose-hulman.edu. The annual Phonathon received $144,700 in pledges during the
2001-02 academic year compared to $98,126 the previous year. Students called
more than 14,000 alumni and friends in two Phonathon sessions in the fall and
spring. The fulfillment rate surpassed the amount pledged with $155,615 being
received. The average phonathon pledge fulfillment rate is 36 percent at other
colleges. |