Fundraising efforts working to raise $40 million by end of 2008
March 13, 2007
DEARBORN / March 13, 2007---Fundraising efforts at the University of Michigan-Dearborn are on track to meet the goal of raising $40 million by the end of 2008, according to Tom Baird, vice chancellor for institutional advancement.
With approximately 77 percent of the campaign time-line elapsed, the campus has raised more than $32 million, or more than 80 percent of the goal.
UM-Dearborn’s campaign is part of the Michigan Difference: Campaign for Michigan, which is working to raise $2.5 billion in voluntary contributions to support projects and units on all three campuses. That effort reached the $2.4 billion mark earlier this year.
“We still have important areas where we need to raise more endowment contributions, especially for scholarships and faculty support,” Baird said. “We are doing great and are confident that we will meet our goal, but we still have a lot of work ahead of us.”
In the last quarter of 2006 the campus brought in nearly $700,000 in gifts, “including a number of generous gifts from our own staff and faculty,” Baird said. Some of the gifts led to the establishment of scholarship funds in memory of former Dean Joachim Bruhn, to support overseas study, and of Prof. Linda Fisher, to support students in the natural sciences.
In addition, a $100,000 endowed scholarship to benefit students in industrial and manufacturing systems engineering was funded by Roger Klungle, a 1965 alumnus and adjunct faculty member. A fund totaling $112,000 for need-based scholarships was endowed through an estate gift from Mary-Jo Hewitt, a long-time donor to the campus who died in October. And a $50,000 pledge from alumnus Keith Talbot will support the engineering internship program.
“In addition, approximately $55,000 in expendable need-based scholarships was raised right before the end of the year,” Baird said.
Campus development staff are working with alumni, staff and faculty members, and corporate and foundation partners to generate contributions.
Among other projects, Jeanette Schumacher, the campus’s long-time director of alumni relations, is leading enhanced efforts to increase contributions to the annual fund, and to the Legacy Scholarship endowment which supports students who are related to campus alumni.
“We’ve been able to mobilize more of our alumni to show their gratitude toward UM-Dearborn for the opportunities they enjoyed here,” Baird said. “Their support is going to be essential to the success of our campaign. Our ability to attract the most qualified faculty and the most talented students will ensure the continued leadership role of our graduates in the local and global communities.”