University raises $12.7M
A university is looking to the public to help close on the remaining $12.3 million of its $25-million campaign to support continued growth.
Davenport University announced last week the public launch of its $25-million Investing in the Vision Campaign to support a new 60,000-square-foot facility for the Donald W. Maine College of Business, facilitate continued development of the College of Urban Education and expand the university’s scholarship endowment.
The university began the five year, $25-million campaign in 2013 and has raised roughly $12.7 million in funds during the silent phase of the campaign, due to contributions from members of the business community, university alumni, employees and board members.
Richard Pappas, president at Davenport University, said having $12.7 million raised to date is a tremendous start in less than two years and the comprehensive campaign is new for the university.
“We have raised money for facilities before, but not a comprehensive campaign,” Pappas said. “We did a feasibility study, and this would have been a stretch. But we have had the generosity of the business community, so many of our alumni, our employees and our board members. Everybody believes in the vision, and the vision is driving what we do.”
The Investing in the Vision Campaign consists of three pillars, including constructing a roughly $15.5-million Donald W. Maine College of Business facility, allocating about $5.5 million toward supporting curriculum development and new programming in the College of Urban Education and expanding the university’s scholarship fund by nearly $4 million to provide students access to higher education.
Tracy Graham, chairman of Davenport’s Board of Trustees, co-chair of the campaign and managing principal at Graham-Allen Partners, said the campaign is an exciting opportunity for the public to join Davenport to achieve the three outcomes.
The three pillars of the campaign will “provide Davenport students with truly transformational opportunities,” Graham said.