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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
peopleour students and faculty, Loyless said. It is vital that gifts
also help to increase the colleges 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-Hulmans 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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