'Love and Honor' works to secure $30 million in donations
Caitlin Varley
Issue date: 9/25/07 Section: Campus
Miami University's For Love and Honor Campaign has recently secured seven professorships and currently has three $10 million gifts in negotiation.
These contributions have been engaged with the university and with Miami President David Hodge for a long time, according to Jayne Whitehead, vice president for university advancement, who was unable to speak about the specifics of the negotiations.
According to Brad Bundy, associate vice president for university advancement and campaign manager, it is hard to tell when the negotiations will be finished.
"Giving is a very personal thing that is done often times at the time frame of the donor," Bundy said. "We just want to make sure that we are being responsive to what it is that the donor wants to do and the type of legacy that they want to leave at Miami, and sometimes those negotiations take quite awhile to
work out."
According to Whitehead, the purpose of the For Love and Honor Campaign is to provide private support for all sorts of programs and priorities at Miami.
"(The For Love and Honor Campaign) is a $500 million fund-raising initiative to raise money for different programs and priorities at Miami University," Whitehead said.
Since the beginning of the For Love and Honor Campaign in January 2002, Miami has received six gifts in excess of $10 million.
Right now, 62 percent of the gifts for this campaign have come from alumni and 20 percent have come from corporations and foundations, according to Bundy.
Contributions also come from parents of students and friends of the university, which includes current and former faculty and staff and people in the community, Bundy said.
According to Whitehead, contributors usually have a conversation with the president or a dean who excites them about a particular area of interest.
For example, the Roger and Joyce Howe Center for Writing Excellence was funded by a $10 million contribution from the Howes after they had conversations with Miami's previous president, James Garland, and subsequently Hodge.
These contributions have been engaged with the university and with Miami President David Hodge for a long time, according to Jayne Whitehead, vice president for university advancement, who was unable to speak about the specifics of the negotiations.
According to Brad Bundy, associate vice president for university advancement and campaign manager, it is hard to tell when the negotiations will be finished.
"Giving is a very personal thing that is done often times at the time frame of the donor," Bundy said. "We just want to make sure that we are being responsive to what it is that the donor wants to do and the type of legacy that they want to leave at Miami, and sometimes those negotiations take quite awhile to
work out."
According to Whitehead, the purpose of the For Love and Honor Campaign is to provide private support for all sorts of programs and priorities at Miami.
"(The For Love and Honor Campaign) is a $500 million fund-raising initiative to raise money for different programs and priorities at Miami University," Whitehead said.
Since the beginning of the For Love and Honor Campaign in January 2002, Miami has received six gifts in excess of $10 million.
Right now, 62 percent of the gifts for this campaign have come from alumni and 20 percent have come from corporations and foundations, according to Bundy.
Contributions also come from parents of students and friends of the university, which includes current and former faculty and staff and people in the community, Bundy said.
According to Whitehead, contributors usually have a conversation with the president or a dean who excites them about a particular area of interest.
For example, the Roger and Joyce Howe Center for Writing Excellence was funded by a $10 million contribution from the Howes after they had conversations with Miami's previous president, James Garland, and subsequently Hodge.
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Miami Prof
posted 9/25/07 @ 11:06 AM EST
I'll believe it when I see it. This is just too fishy. Since when does a university announce that they're "in negotiations" for a donation? I'll tell you when; when the original deadline for the campaign is fast approaching, and the institution is 70 million dollars (20%) short of the original goal. (Continued…)
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