UofL launches largest fundraising campaign in its history
Nov. 10, 2010
LOUISVILLE, Ky. – The University of Louisville unveiled the largest fundraising campaign in the institution's history today at a kickoff event at the Brown & Williamson Club, Papa John's Cardinal Stadium. The goal of the comprehensive campaign, called “Charting Our Course – The Campaign for Kentucky’s Premier Metropolitan Research University,” is to raise $750 million by June 2013.
UofL President James Ramsey said the "Charting Our Course" theme “reflects the determination, vision and will of our students, faculty, researchers and staff to secure UofL’s state-mandated goal of becoming a premier metropolitan research institution.” He said most of the money raised would go toward student services, scholarships and recruitment as well as retaining and recruiting the best faculty members.
UofL has already raised $370,734,805 during the three-year silent phase of the campaign.
The kickoff event featured performances by the UofL Cardinal Singers and Jazz Ensemble as well as testimonials from those who have benefited from the university’s teaching, research and economic development missions.
Monica Marks, a 2009 UofL graduate and 2010 Rhodes Scholar, joined the gala event via Skype, telling the guests that the personal attention she received from UofL faculty enabled her to be where she is today.
Lindy Street, a cancer survivor who was treated at the university’s James Graham Brown Cancer Center, said that Louisville is fortunate to have a great medical school with the brightest faculty and researchers.
Charles Denny, UofL alumnus and regional president of PNC Bank, said, “UofL is the engine that drives change in our community. We have got to feed that engine and provide it with the resources it needs to be exceptional.”
The campaign has been split into four main categories. Fundraising targets are:
· $330 million for academic support, scholarships and programs for students
· $285 million for faculty recruitment, research and professional development
· $120 million for infrastructure enhancements and upkeep of athletic facilities
· $15 million for support of the university's academic units and libraries
Chairpersons for the campaign are Owsley Brown Frazier, UofL Board of Trustees chairman; Henry Heuser, UofL Board of Overseers chairman; and Chester Porter, UofL Foundation chairman.
"There is still much to do to reach our goals," Ramsey said. "We are, and will continue to be, challenged by tightening budgets and decreasing state support—a fact that makes this campaign that much more urgent."
To learn more about the campaign, see www.chartingourcourse.org or contact Keith Inman, vice president of university advancement, at 502-852-6924.