KSU capital campaign to propel university to next level of excellence
Kennesaw State University has launched its first−ever comprehensive capital campaign‚ aimed at generating $75 million in external funding and support for the university’s high−priority capital projects and educational initiatives.(For the complete story‚ please click on the headline above.)
(Oct 26, 2007) — KENNESAW‚ Ga. (Oct. 26‚ 2007) — Kennesaw State University has launched its first−ever
comprehensive capital campaign‚ aimed at generating $75 million in external funding
and support for the university’s high−priority capital projects and educational initiatives.
“The New Faces of Kennesaw State: The Campaign for Our Future‚” is the name of the five−year campaign‚ which also seeks to boost funding for faculty development and increase the number of competitive and need−based scholarships for students.
“Kennesaw State has reached a critical point where we must seek substantial private funding to keep the university functioning at the high level of excellence for which it is known — and to make it the best learning−centered university in the nation‚” President Daniel S. Papp said. “Though a large percentage of our funding comes from the state‚ private funds enable us to do things we cannot support with state funds‚ such as provide scholarships and endowments.”
One of the campaign’s highest priorities is securing funding for a new health sciences building. The Board of Regents has approved $47 million in capital funding‚ but the university is responsible for raising an additional $13 million for the project.
“KSU is No. 1 in the state in producing nurses‚ and we’re one of the top producers of teachers‚ but we are not able to hire new faculty without more space‚ and we cannot admit new students without faculty to teach them‚” said Wesley K. Wicker‚ vice president for university advancement and executive director of the KSU Foundation.
The new health sciences building will help meet the state’s dire need for more nurses and health education. Only one out of every eight qualified applicants is accepted into the nursing program because of space limitations on campus.
“The new health sciences building will help us significantly increase the number of nurses and other health professionals we graduate‚” Papp said. “We will be able to demonstrate that Kennesaw State is truly responsive‚ and we are having a major impact on the state‚ especially northwest Georgia.”
Another priority of the capital campaign is to raise $10 million for endowed scholarships for students and $10 million for endowments for distinguished faculty‚ graduate fellows‚ and faculty and staff development.
“These funds will allow us to recruit expert faculty‚ support faculty research and development‚ and help us continue attracting outstanding students by offering them financial assistance with their education‚” Wicker said.
Other highlights of the campaign include:
- $9 million for athletics facilities
- $7 million for the Center for Professional Selling
- $7 million for an Early Childhood Learning Center
- $6 million for an art museum and classroom building
- $5 million for science labs
- $5 million for the Leland and Clarice C. Bagwell College of Education classroom building;
- $3 million for a library expansion
To date‚ the campaign has raised more than $25 million‚ including a $1 million anonymous gift from a KSU Foundation trustee to enhance the university’s faculty grants program. In addition‚ the campaign has raised a $2.4 million gift from Dr. Bobbie Bailey for a new performance hall and 26 new Steinway pianos.
“Kennesaw State is a great place to invest your philanthropic dollars because we are meeting the needs of Georgia in a real way by serving our community‚ educating a large number of students and graduating our alumni in fields where they are most needed‚” Wicker said. “We just surpassed 20‚000 students‚ and the university’s growth has outpaced our state funding. The external funding we receive will help us propel the university to the next level of excellence.”
For further information‚ please contact Jennifer Hafer at 770−423−6711 or email@example.com.
The comprehensive capital campaign Web site is available at www.kennesaw.edu/newfaces (link opens in new window).
A member of the 35−unit University System of Georgia‚ Kennesaw State University is a comprehensive‚ residential institution with a growing student population of more than 20‚000 from 132 countries. The third−largest university in Georgia‚ Kennesaw State offers more than 60 graduate and undergraduate degrees‚ including a new doctorate in education.
A leader in innovative teaching and learning, Kennesaw State University offers more than 150 undergraduate, graduate and doctoral degrees to its more than 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the second-largest university in the state. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the region and from 126 countries across the globe. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.