Philanthropy
On Oct. 26, 2007, Oregon State University publicly launched "The Campaign for OSU," a $625-million fundraising effort and the university's first comprehensive capital campaign. Originally intended as a seven-year effort, in October 2010 the campaign goal was increased to $850 million after gifts from more than 53,000 donors surpassed the initial goal nearly a year ahead of schedule. In March 2012 leaders announced a new goal of $1 billion to further provide opportunities for students, strengthen Oregon and conduct research that changes the world. Campaign priorities include initiatives supporting a diverse, high-achieving student body and those focused on three core areas of distinction in OSU’s strategic plan: sustainable earth ecosystems, health, and economic growth and social progress. The campaign will run through 2014 and will help propel the university to a new level of distinction and global leadership.
OSU launched the campaign in collaboration with the Oregon State University Foundation, the nonprofit organization chartered to raise and administer private funds in support of the university's education, research and outreach. A Campaign Steering Committee of alumni and friends is led by co-chairs Patricia V. Reser ’60, James H. Rudd and Patrick F. Stone ’74. The OSU Foundation is governed by a volunteer Board of Trustees. It holds assets of $563 million and manages the majority portion of the university’s endowment, valued at $412 million (June 31, 2011).
Read more about this topic: Oregon State University
Famous quotes containing the word philanthropy:
“I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.”
—Henry David Thoreau (1817–1862)
“Almost every man we meet requires some civility,—requires to be humored; he has some fame, some talent, some whim of religion or philanthropy in his head that is not to be questioned, and which spoils all conversation with him. But a friend is a sane man who exercises not my ingenuity, but me.”
—Ralph Waldo Emerson (1803–1882)
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)