Kennesaw State University expects to reach capital campaign goal one year ahead of schedule

Campus Green Generic Image of Kennesaw Hall

Contributions expected to surpass $75 million; five-year goal set in 2007   KENNESAW, Ga. (…

Georgia (Jun 27, 2011)

 
KENNESAW, Ga. (June 27, 2011) –In spite of the tight economy that has adversely affected fundraising by higher education institutions, Kennesaw State University officials expect to surpass this fall the $75 million goal of the university’s first capital campaign a full year ahead of schedule.
 
Launched in October 2007, KSU’s five-year comprehensive capital campaign ––labeled “The New Faces of Kennesaw State” –– has raised $73.7 million in contributions as of June 2011.   Major campaign contributionsinclude:
  • Annual Gifts: $5.5 Million
  • Scholarships: $5.7 Million
  • Private Foundations: $7.9 Million
  • Tangible Property: $9.7 Million
  • Major Gifts: $9.9 Million
  • Research Grants: $30.1 Million
  • Other Gifts: $4.9 Million
The capital campaign raised both the largest single private contribution ($5 million from an anonymous donor) and the largest grant the university has ever received ($8.9 million from the U.S. Department of Education), as well as 14 new gifts of at least $1 million each. 
 
“Kennesaw State University is a young, dynamic, growing institution with a developing entrepreneurial spirit that is evident in our faculty, students, staff and alumni,” said KSU President Daniel S. Papp. “The individuals and institutions that contribute to and supportKennesaw State recognize and appreciate how far we have come and the great accomplishments we are making, and we, in turn, make it clear how much we highly value our donors’ support.”
 
Just 47 years old,Kennesaw State –– Georgia’s third-largest university –– has one of the youngest alumni bases among colleges and universities in the state. Yet among Georgia’s more established institutions, KSU consistently ranks fourth and fifth in contributions behind Emory University, the University of Georgia, Georgia Tech and Georgia State.
 
“The success that we achieved with this capital campaign is a tremendous accomplishment,” said Norman Radow, chairman of the Kennesaw State University Foundation, which led the campaign. “The Foundation’s executive committee and board members are pleased to play a key role in helping KSU meet the goal of the university’s first-ever capital campaign. We are even more excited that the goal was achieved ahead of schedule.”
 
Although the capital campaign is close to meeting its overall goal, strong efforts continue as university officials work toward fulfilling a $2 million campaign pledge madeby Bernard A. Zuckerman.  
 
In August 2010, motivated by his desire to honor the artwork of his late wife  ––  renowned Georgia sculptor Ruth Zuckerman ––  the retired carpet-industry leader and longtime Kennesaw State supporter made a $2 million pledge to name phase II of the proposed Art Museum at the university. Under the terms of the pledge agreement, Kennesaw State must raise an additional $1 million for the museum by June 29.  Campaign officials indicate they are quite close to raising the funds needed to meet the challenge match deadline.
                                                                                 
“Mr. Zuckerman’s pledge has enabled us to leverage both individual and major donor support for the museum project,” saidWesley Wicker, vice president for university advancement. “We are closing in on our goal and hope to help Mr. Zuckerman honor his late wife Ruth in a tasteful and fitting fashion.”
 
The capital campaign has allowed Kennesaw State to move forward on many fronts toward its quest for national preeminence, including new scholarship programs, initiatives to reward outstanding faculty and staff performance, new facilities, and a strong expansion in funded research.  
 
Highlights of the campaign include:
  • The Clendenin family donated $1 million  —  the largest single gift ever for scholarships at Kennesaw State University —  to endow fellowships for graduate students and doctoral candidates. The Clendenin Graduate Fellows Program supports graduate and doctoral students pursuing master’s or doctoral degrees.
  • KSU’s faculty and staff recognition awards program, the largest among University System of Georgia institutions, is made possible through an anonymous donation. Last August, more than $180,000 was awarded to faculty and staff who excel in service, teaching and scholarship.
  • KSU has raised more funds for need-based and other scholarships during its capital campaign than at any other time in the university’shistory, establishing 41 endowed scholarships and 42 annual scholarships that have helped defray tuition costs for hundreds of students.
  • Over the past fouryears, sponsored researchat KSU has increased by 159 percent, from $6.2 million in 2007 to $16.2 millionas of June 2011. Recent awards include an $890,000 grant from the National Science Foundation for teacher recruitment and professional development and a $2.38 million grant from the Department of Defense to study brain injuries.
  • In 2009, the HarnischFoundation donated a five-year, $1.5 million gift to establish the Center for Sustainable Journalism housed in KSU’s College of Humanities and Social Sciences.
  • Bobbie M. Bailey donated $2.4 million for the Dr. Bobbie Bailey & Family Performance Center. This included a gift of 27 Steinway pianos, earning KSU the designation as an “All-Steinway School.”
  • In 2007, Don Russell Clayton donated his extensive collection of work by the Italian-born, Georgia artist Athos Menaboni. Combined with the support from the Robert W. Woodruff Foundation, Kennesaw State completed phase I of its Art Museum, which now houses 87 pieces ofMenaboni artwork, valued at $1.1 million.  The Zuckerman challenge gift will contribute to the construction of phase II of the museum project.
  • A 56-acre historic farm in Bartow County was donated by Marietta resident Jodie Hill. Valued atmore than $1 million, the property was deeded to the university in 2008 and has been transformed into the KSU Harmony Hill Organic Farm & Apiary. The property houses an organic farm that produces produce used in the food served at The Commons, the university’s state-of-the art student culinary center.
  • The Osher Foundation donated $3.3 million to KSU. The gift supports re-entry scholarships for students who interrupted their college careers for five years or more and also provides funding for adults over 50 to participate in lifelong learning through KSU’scontinuing educationprograms.
 
According to Bob Prillaman, KSU trustee and co-chair of the capital campaign, the success of the capital campaign is due to the hard work of KSU’s development staffand the generosity of the individuals and organizations that contributed to the university. “The real winners,” he said, “are the students of Kennesaw State.”
 
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KennesawState University is the third-largest university in Georgia, offering more than 70 graduate and undergraduate degrees, including doctorates in education, business and nursing, and a new Ph.D. in international conflict management. A member of the 35-unit University System of Georgia, Kennesaw State is a comprehensive, residential institution with a growing population of more than 23,400 students from 142 countries.


 

A leader in innovative teaching and learning, Kennesaw State University offers more than 150 undergraduate, graduate and doctoral degrees to its approximately 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the third-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 92 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, and one of the 50 largest public institutions in the country. For more information, visit kennesaw.edu

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