According to UI Foundation officials, Campaign Illinois gifts and pledges
totaled $603,780,961 through March 31. The universitywide fund drive's goal
is to raise $1 billion in private gifts and grants for the Urbana-Champaign,
Chicago and Springfield campuses by the end of 1998.
Of the $700 million goal sought for Urbana-Champaign, $441 million has been
collected.
The key priority of Campaign Illinois is increasing the institution's endowment
that will support, in perpetuity, the university's people and programs.
By increasing endowment, the UI strengthens its overall financial base and
produces usable income while leaving the principal intact.
More than 75 percent of the Campaign Illinois goal seeks support of endowed
faculty positions, academic programs and student financial assistance. The
March 31 campaign report shows new endowments totaling $257.5 million of
the $603.8 million now committed.
Campaign Illinois also has raised $63.5 million in student financial aid
for scholarships and fellowships.
Gifts benefit programs at UIUC Seventeen gifts totaling almost $16 million
earmarked for programs at the Chicago and Urbana-Champaign campuses of the
UI were announced April 26 in Chicago at the Presidents Council spring meeting.
The council is the UI's highest donor recognition program.
Private gifts made to the Urbana-Champaign campus that were recognized during
the meeting include:
-- $1.5 million from Stanley and Joan Golder of Winnetka to create the Stanley C. and Joan J. Golder Distinguished Endowed Chair in Corporate Finance in the College of Commerce and Business Administration.
-- $1.5 million from John and Lou Georges of New Canaan, Conn., brings closer the establishment of the John A. Georges Institute for Corporate and Educational Leadership in the College of Commerce and Business Administration and the College of Engineering.
-- $1.5 million from the Stewart S. Howe Foundation over several years to support the University Archives' collection relating to fraternity and student life at American colleges and universities.
-- $1.1 million from the estate of the late Richard and Mary Shelton to support the university's newly established James Newton Matthews Scholars, which provides funding for National Merit Scholars, Campus Honors students, and highly qualified out-of-state students.
-- $1 million from H. Richard and Sally McFarland of Indianapolis, Ind., to help establish the College of Agricultural, Consumer and Environmental Sciences Information and Alumni Center.
-- More than $750,000 since 1981 from the Orland Park-based Aileen S. Andrew Foundation in support of several programs at the University's Chicago and Urbana-Champaign campuses.
-- An estate provision of more than $500,000 from Loren and Kristan Schroll of Warrenville to fund undergraduate scholarships within the College of Commerce and Business Administration.
-- A $500,000 estate provision from Richard T. Orr of Chicago creating the Richard Tuttle and Lois Marie Orr Endowment, that will fund student support and fellowships in the department of journalism and scholarships in the School of Art and Design.
-- A commitment of more than $400,000 from former Illinois legislator and U.S. Secretary of Labor Lynn S. Martin to create the Lynn S. Martin Awards for Distinguished Women Teachers in the College of Liberal Arts and Sciences.
###