Texas Christian University last night announced what it calls “the most ambitious philanthropic campaign” in its nearly 150-year history. The $1 billion goal of Lead On: A Campaign for TCU will raise funds to invest in support for student scholarships, endowed faculty and academic programs.
The four high-level priorities that mirror the goals of the university’s strategic plan, Vision in Action: Lead On: aimed at strengthening: the school’s academic profile and reputation; the university’s endowment; the TCU experience and campus culture; and the workforce for both employees and graduates.
“For TCU, the mission to impact the greater good has never felt more urgent,” Chancellor Victor J. Boschini, Jr. said. “Now is the time to make a transformational investment in the people and programs that not only enrich our campus experience for today, but also lead positive change in the world for generations to come. If we are to achieve our goals, we must secure philanthropic investment in proportion to our ambitions. With this campaign, we charge forward to strengthen our university and to change the world for the better.”
During an Oct. 24 launch celebration on campus, TCU officials noted the support the campaign has garnered to date. More than 44,000 TCU supporters have provided nearly $600 million in philanthropic investment during the leadership phase of the campaign, which is co-chaired by Ronald C. Parker and Dee J. Kelly Jr., members of TCU’s board of trustees.
To date 118 gifts of $1 million or more have been received, and 17 donors have made gifts of $5 million or more. The lead gift to date is $30 million from Spencer and Marlene Hays for the $75 million Neeley School of Business expansion and renovation project.
Continued fundraising efforts throughout the life of the campaign will focus on the following specific areas:
Student scholarship support – to ensure that the TCU experience is affordable for every student who earns admission
Support for endowed faculty – to support the recruitment and retention of passionate teachers and formidable scholars
Support for academic programs – to drive innovative, cross-disciplinary opportunities that benefit both students and society
Support for the university’s endowment – to ensure that TCU’s values and priorities, rather than external forces, are the key drivers of university decisions
Over the past several years, TCU alumni and friends have supported some 32 new endowed faculty positions, while almost $300 million in donor-funded scholarship support has allowed the most accomplished, deserving students to benefit from a TCU education.
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