Michigan Tech Campaign Passes $100 Million Mark
HOUGHTON--Michigan Tech's Leaders for Innovation Capital Campaign has
raised $116 million toward its goal of $140 million by June 30, 2003.
National Campaign Chair Dick Robbins of Seattle said everyone involved
with the campaign is delighted with its progress to date. "We started
with an original objective of raising $100 million, but raised that bar
several months ago when it became apparent we were going to surpass that
goal. The current goal is $140 million and I wouldn't be surprised to
see it increase again."
Robbins said he was especially pleased that the leadership giving continues
to develop a lot of enthusiasm. "A number of our earliest donors at the
leadership levels are currently considering increasing their gifts," he
said. "We have some truly generous alumni and many who feel that MTU has
made an outstanding case for the institution's needs. They want to help
the university be in a position to take advantage of its future opportunities."
Campaign staff and volunteers are continuing to concentrate on large
and medium level gifts, according to Robbins, and several trips are planned
to visit alumni across North America and abroad. The next concentration
of activity will focus on the thousands of donors who have contributed
in one form or another since the beginning of the campaign.
"The final effort," said Robbins, "will be directed at trying to contact
many other alumni from whom we haven't yet heard. This is a big task that
will take a lot of effort, but we don't want to leave any alumni without
an opportunity to contribute to the campaign."
Michigan Tech President Curt Tompkins echoed Robbins' enthusiasm.
"I have believed for the past four years that we could raise $200 million
by June 30, 2003, against an announced target of $140 million," said Tompkins.
"Achievements to date indicate that my belief has reasonable validity.
Now we should all do what is necessary to bring in another $80 million
during the next two years. Beyond that, we should increase Michigan Tech's
permanent endowment to at least $400 million by 2010, which will be the
university's 125th anniversary."
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