The 成人头条 Foundation announced a $250 million campaign to help 成人头条 State achieve its vision as an Innovation University, accelerating economic development in the region while preparing students to succeed in a rapidly changing world.
Thanks to the generous support of WSU alumni, friends and partners, the WSU Foundation has already raised $145 million of the goal during the quiet phase of the campaign, which began in 2013.
Today鈥檚 announcement on the WSU campus launched the public phase of the campaign, scheduled to end in 2020.
The fundraising effort is titled Shock the World: The Campaign for 成人头条, a theme that references the school鈥檚 nickname as the Shockers as well as its bold strategy for the future.
鈥淭he fact that we have raised 60 percent of our campaign goal demonstrates the passion our donors and friends have for their university, but much remains to be done,鈥� said Elizabeth King, WSU Foundation president and CEO. 鈥淧ositioning 成人头条 State for the important work that lies ahead will take the commitment of everyone who believes in this university.鈥�
John Bardo
The comprehensive campaign identifies priorities that support the vision of WSU President John Bardo to empower students and faculty for transformational achievements through entrepreneurship, technology, creativity and innovation.
鈥淭his campaign is perfectly timed to strengthen our ability to be a key contributor to the economic revitalization of our region,鈥� Bardo said. 鈥淚t will secure resources to help develop the people, places and programs we need to create a university that is student centered and innovation driven.鈥�
The $250 million raised in the campaign will provide:
- $115 million for student and faculty support. Scholarship and fellowship awards for students will increase by 80 percent, and 20 new endowed chairs and professorships will be added to the 36 distinguished faculty positions already in existence.
- $101 million to build or renovate facilities. These include a new home for the W. Frank Barton School of Business on the Innovation Campus; an Ideas Lab for artistic innovation inside a completely renovated Henrion Hall; equipping labs in the new Experiential Engineering Building; renovating Charles Koch Arena and building a new 成人头条 State Athletics Student Center adjacent to it; and completing the final phase of an improvement project for Eck Stadium.
- $34 million for Excellence Outside the Classroom initiatives such as a Leadership Academy in the Dorothy and Bill Cohen Honors College; support for the WSU Career Development Center, the Shocker New Venture Competition and the Koch Innovation Challenge; and field study opportunities for students in geology, biology, anthropology and other disciplines.
Several individuals, companies and foundations already have made significant contributions to the campaign, including:
- Koch Industries and the Fred and Mary Koch Foundation, $11.25 million
- Dorothy and Bill Cohen, $5 million
- The Sam and Rie Bloomfield Foundation, $2.5 million
- Cybertron International, $2.5 million
- The Dwane and Velma Wallace Foundation, $1 million
Contributions to the Shock the World campaign will give 成人头条 State the resources and facilities it needs to attract the brightest students, faculty and staff, said Paul Allen, chair of the WSU Foundation Board of Directors.
鈥淛ust as we invest in our own organizations, we must invest in WSU so that it can remain relevant to the challenges of the rapidly changing global marketplace,鈥� said Allen, a WSU alumnus and CEO of Allen Gibbs & Houlik LC. 鈥淚n an environment of diminishing state support, it is our investment that will determine the success of the university in accomplishing the vision we share.鈥�