Miami's Fundraising Campaign

Salsa · Post by **Salsa** » Mon Apr 11, 2005 12:40 pm

I read that on April 9, Miami launched the public phase of a fundraising campaign. The goal is to raise $350 million by 2007 and they've already raised around $160 million.

One of the more interesting details is that 70% of that $350 million will go to scholarships.

Miami is working hard on reducing its dependence on state funding. I know they have instituted a tuition program which moves in that direction, and this new scholarship money will surely be a part of that.

The largest donation so far is $30 million for the business college from the head of the Cintas Corporation.

All this is very impressive. I am looking forward to April 30 when BG will launch the public phase of a fundraising campaign. I am under the impression that it too will seek money for scholarships but that a larger percentage than that of Miami's campaign will go to building new facilities, hopefully including a new convocation center.

MiamiBando · Post by **MiamiBando** » Mon Apr 11, 2005 4:24 pm

The owner of Cintas is a Miami Alum. Mr.Farmer donated money already, which is why our business school is named, Richard T.Farmer School of Business.

If you would like info, http://newsinfo.muohio.edu/news_display ... d=40150291

or the actual site....
http://www.forloveandhonor.org/

redskins4ever · Post by **redskins4ever** » Mon Apr 11, 2005 8:03 pm

Miami's real goal is to make sure in the event that tuition goes the way of the dodo and is only for the flagship university of the state... a school that I feel should be buried and never heard from again... they dont want a lack of funding for professors, tuition or other possible problems. Large endowments can secure the financial future for the school, and I believe that this what they are ultimately hoping for. This is a once in 25 year campaign, this isnt something that you can do every five years. As BG grows its alumni base so will its donations and contributions grow.

Dayons_Den · Post by **Dayons_Den** » Mon Apr 11, 2005 9:19 pm

MiamiBando wrote:The owner of Cintas is a Miami Alum.

And he put his company name on a building for a very close, local, semi-rival??

Mystifying. . .

MiamiBando · Post by **MiamiBando** » Mon Apr 11, 2005 9:27 pm

Xavier?

HAHAHA!

That is a business decision and he is a businessman....