September 5, 2006

Private-sector fund raising brings in $252 million for Purdue

Of that amount, gifts to the university's Campaign for Purdue account for $212 million, making this the fifth time in Purdue history and the fifth year in a row that net gift activity has surpassed the $200 million mark, said Murray Blackwelder, senior vice president for advancement.

"The campaign, under the strong leadership of President Martin C. Jischke, has experienced tremendous success because numerous individuals have seen the difference Purdue has made over the last several years to the economy and vitality of the state and region," Blackwelder said. "Purdue is known for its world-class research, and it's especially heartening to know that so many have made a firm investment in its future.

"We believe that it is the quality of our faculty and programs that have prompted this level of support in our work and facilities that serve to enhance that work."

In 2004 Jischke raised the goal for the seven-year campaign from $1.3 billion to $1.5 billion. The campaign, which will conclude on June 30, has raised $1.425 billion to date.

The $252 million raised during the fiscal year that ran from July 1, 2005, to June 30, 2006, includes $74 million in net cash and equivalents, $26 million in gifts-in-kind and real estate, $19 million in irrevocable deferred gifts (at face value), $93 million in new pledge commitments and $40 million in additional research grants from private-sector sources.

On the gift volume front, the number of gifts received this past year total 95,476, which is 11 percent higher than the five-year average of 86,083 gifts.

Support from Purdue alumni and former students totaled nearly $90 million, corporations gave nearly $76 million, private foundations gave nearly $35 million, and friends and other organizations combined to give another $51 million.

"Purdue alumni have taken the challenge of preeminence seriously," Blackwelder said. "They are changing the lives of Purdue students today."

The top gifts and pledges made during the 2006 fiscal year were:

• A $10.8 million gift of 40 acres of real estate from the Shine family that will enable Purdue, in cooperation with Indiana University Southeast, to open a new technology park and expand Purdue's academic programs in New Albany.

• A $9.4 million gift-in-kind from Synopsys Inc. to provide educational and research software for the Department of Electrical and Computer Engineering.

• A $6.7 million gift-in-kind from Cadence Design Systems Inc. to provide educational and research software for the Department of Electrical and Computer Engineering.

• A $5 million planned gift from Lawrence H. and Linda Lee for student-athlete scholarships and for the track and field facility at the Fort Wayne campus.

• A $4.5 million estate gift in memory of Robert Ewing Graham and Louise Marion Graham unrestricted to the university.

• $4 million from Burton H. Gedge III and Kathryn D. Gedge to provide two named professorships in the School of Chemical Engineering.

• $3 million from Bill and Sally Hanley for the Hanley Human Development Institute in the College of Consumer and Family Sciences.

• $3 million from Gerald D. and Edna E. Mann to construct Mann Hall, which will house multiple Discovery Park centers and to endow the directorships for the e-Enterprise and Bindley Bioscience centers.

• $3 million from the family of Glenn W. Sample, a pioneer of Indiana agriculture for more than 50 years, to honor him and lend his name to a deanship for the university's College of Agriculture.

• $2.6 million from Robert J. Kinnier for unrestricted support to the School of Civil Engineering.

• $2.5 million from an anonymous donor to support the Discovery Learning Center.

• $2.5 million from W. Wayne Booker for the Wayne Booker Endowed Chair in Information Literacy for Purdue Libraries.

• $2.06 million from John R. and Connie Basham to support the Child Development and Family Studies program, to help construct the Schwartz Indoor Tennis Center and for nursing students and student-athlete scholarships.

• A $1 million grant, renewable in up to four annual $1 million increments, from Dr. Stephen D. Bechtel Jr., to expand the university's educational research efforts to foster an interest in science and engineering in K-12 classrooms.

• A gift from the Richard T. Doermer family to the Fort Wayne campus. IPFW's business school will be named the Richard T. Doermer School of Business and Management Sciences in honor of Doermer, a Fort Wayne native.

Campaign fund raising supports the objectives of Purdue's strategic plan, which includes efforts to increase funds for student scholarships, faculty recruitment and retention, programs and centers, facilities and equipment, and unrestricted purposes.

The Campaign for Purdue, which began in 2000, was publicly announced in 2001. The campaign is both the largest in Purdue history and the largest university campaign in Indiana.

Writer: Kim Medaris, (765) 494-6998, kmedaris@purdue.edu

Sources: Murray Blackwelder, (765) 496-2144, mblackwelder@purdue.edu

Martin C. Jischke, (765) 494-9708

Greg Kapp, associate vice president for advancement, (765) 494-9888, gkapp@purdue.edu

Purdue News Service: (765) 494-2096; purduenews@purdue.edu

Purdue University Development

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