Comprehensive campaign raises $100 million
Posted: February 03, 2009
By Tom Evelyn
LEWISBURG, Pa. – Bucknell University alumni, parents, grandparents, faculty, staff and friends have committed more than $100 million in gifts and pledges to Bucknell’s comprehensive campaign, the largest such fundraising effort in the University’s history, Bucknell President Brian C. Mitchell announced today.
As of this past weekend, 18 months into the campaign, the University has raised $101 million, more than one-fourth of the $400 million goal. Record levels of new state and federal support contributed an additional $15 million.
“On behalf of Bucknell, I thank all of our donors for their generosity and continued support,” President Mitchell said. “This accomplishment is particularly meaningful in the current economic climate, which has adversely affected fundraising throughout higher education.” || See president's message.
More than 26,000 individuals have contributed so far to the comprehensive campaign, which remains in its private phase and launched in July 2007. More than $30 million of the campaign total has come from seven individual donors, six of whom are trustees or trustee emeriti of the University.
“This campaign is the most ambitious in Bucknell’s history, and has six or seven more years of hard work ahead,” Mitchell said. “We recognize that we must take the long view, since our goal is both to preserve assets for future generations of Bucknellians, as prior generations have done for us, and to continue to make new investments where donor commitments allow.”
Scholarship giving, the top priority of the campaign, has exceeded $27 million – more than 25 percent of the total commitments.
The campaign is helping to establish new endowments for professors to expand the University’s capacity to recruit and retain the best teacher-scholars in the nation; increase scholarships, fellowships and research opportunities; and support the development of new academic programs and centers to enhance Bucknell’s value as a learning community.
The campaign has already helped to create 12 fully funded new scholarships, establish three endowed faculty positions, and added new internships and research funding.
Major gifts providing support for academics include:
- A $4 million bequest from the late Ellen Peterson Williams, Class of 1919, for the Music Department.
- A gift of $2 million from a long-time generous donor to Bucknell, Leanne Freas Trout, Class of ’50, for the French Department to endow a faculty position, the David Morton and Leanne Freas Trout Professor of French. A significant additional gift from Trout will fund an endowed scholarship for students of French.
“This campaign is a testament to generations of Bucknellians, their consistent generosity and their understanding of the value of a Bucknell education,” said Sam Lundquist, vice president for development and alumni relations. “But this is more than a quid pro quo. A campaign speaks to a shared sense of responsibility and pride, a shared sense that the Bucknell we all appreciate requires private giving – and that every Bucknellian can share in the impact of the University year after year, generation after generation.”
Contact: Division of Communications