Winter 2000


Vision to be the Best support tops $170 million


Major gifts from alumni and other friends of the college have kept Phase II of the Vision to be the Best Campaign ahead of schedule to achieve its $200 million goal by 2004.

$170.1 million has been received of which $64.1 million supports Phase II of the campaign, according to Darrell Loyless, vice president for development and external affairs.

Phase II was launched on Sept. 10, 1999 after the Phase I goal of $100 million was achieved earlier than planned. “Phase II goals are focused on the needs of people—our students and faculty,” Loyless said. “It is vital that gifts also help to increase the college’s endowment.

“The endowment must be increased to ensure that Rose-Hulman can continue providing the outstanding education now available to our academically talented students,” he emphasized.

Rose-Hulman’s endowment was valued at $183.5 million on June 30, 2000. The figure is smaller than most of the member institutions of the American Association of Independent Technological Universities of which Rose-Hulman is a member.

Additional endowment resources would be used to :

• Continue to hire and retain the very best faculty;
• Ensure that the most academic-ally talented students could attend Rose-Hulman;
• Create and maintain modern facilities and laboratories;
• Provide the opportunity for the development and implementation of new ideas to enhance the educational offerings at Rose-Hulman.

Gifts to the campaign are still needed to increase scholarships, professional development opportunities, endowed chairs and professorships, and new technology for classrooms and laboratories.

Thus far, nearly $12 million of the $20 million scholarship goal has been achieved. Gifts totaling $6.5 million have been received to reach the $13 million goal for new technology.

Support to the annual fund is vital to the needs of the college, Loyless explained. Annual Fund gifts total almost $4.8 million of the $20 million annual giving goal.
“Alumni support to the campaign has set record levels,” Loyless noted. As of June 30, 2000, alumni had contributed $77 million to the campaign.

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