‘Forever LSU’ fundraising campaign at $485 million
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The “Forever LSU” fundraising campaign is up to about $485 million, university officials announced Wednesday.
The campaign to raise $750 million by the end of 2010 had close to $425 million by the end of 2007. It is the largest capital fundraising campaign in LSU’s history.
Interim LSU Chancellor William Jenkins and national Forever LSU campaign chairman and former Congressman Henson Moore made the announcement in Alexandria.
The trip is part of the beginning of the Tiger Tour, an annual celebration in which LSU coaches and officials tour Louisiana to meet with university supporters and fans.
“We have made great progress and are more than halfway to our goal, but we need a strong finish to this campaign,” Moore said in a prepared statement.
“We only have 32 months to go, and we intend to reach our goal,” Moore said. “This is the most important philanthropic challenge alumni and LSU supporters have ever been asked to undertake, and this is our chance to make a difference.”
LSU is well behind most of its flagship university peers nationwide.
The Forever LSU campaign combines the efforts of the university’s three main fundraising bodies — the LSU Alumni Association, the LSU Foundation and the Tiger Athletic Foundation — in raising cash, pledges and in-kind gifts.
The campaign — named after the last line of the school song — officially started in June 2006, nearly 18 months after former LSU Chancellor Sean O’Keefe became chancellor.
But close to $200 million was raised before the starting in 2001 — the “silent phase” — under former Chancellor Mark Emmert and then under O’Keefe.
The campaign faced some disruptions in January when O’Keefe resigned under fire and some of his big-business supporters threatened to withhold contributions.
The campaign’s contributions support four major areas: students, faculty, university programs and campus infrastructure.
The private funds help attract and retain the most talented students by funding merit-based and need-based scholarships, as well as graduate fellowships. LSU also dedicates funds for increasing the number of endowed chairs and professorships for its faculty.
The campaign to raise $750 million by the end of 2010 had close to $425 million by the end of 2007. It is the largest capital fundraising campaign in LSU’s history.
Interim LSU Chancellor William Jenkins and national Forever LSU campaign chairman and former Congressman Henson Moore made the announcement in Alexandria.
The trip is part of the beginning of the Tiger Tour, an annual celebration in which LSU coaches and officials tour Louisiana to meet with university supporters and fans.
“We have made great progress and are more than halfway to our goal, but we need a strong finish to this campaign,” Moore said in a prepared statement.
“We only have 32 months to go, and we intend to reach our goal,” Moore said. “This is the most important philanthropic challenge alumni and LSU supporters have ever been asked to undertake, and this is our chance to make a difference.”
LSU is well behind most of its flagship university peers nationwide.
The Forever LSU campaign combines the efforts of the university’s three main fundraising bodies — the LSU Alumni Association, the LSU Foundation and the Tiger Athletic Foundation — in raising cash, pledges and in-kind gifts.
The campaign — named after the last line of the school song — officially started in June 2006, nearly 18 months after former LSU Chancellor Sean O’Keefe became chancellor.
But close to $200 million was raised before the starting in 2001 — the “silent phase” — under former Chancellor Mark Emmert and then under O’Keefe.
The campaign faced some disruptions in January when O’Keefe resigned under fire and some of his big-business supporters threatened to withhold contributions.
The campaign’s contributions support four major areas: students, faculty, university programs and campus infrastructure.
The private funds help attract and retain the most talented students by funding merit-based and need-based scholarships, as well as graduate fellowships. LSU also dedicates funds for increasing the number of endowed chairs and professorships for its faculty.
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