The University completed this year its highest grossing fundraising campaign to date, exceeding its $750 million goal.
The Forever LSU campaign raised $764 million and, combined with an additional $34 million in state-matching funds, reached a total of $798 million, according to Former Congressman W. Henson Moore, Forever LSU Campaign chairman.
“Money raised through the campaign will be used to fund 794 new scholarships, 429 professorships, 36 endowed chairs and the construction of the Business School Complex and Band Hall,” Moore said.
The campaign, which began in June of 2006, encountered a few rough periods because of the sluggish economy, according to Moore.
“We encountered some slow donation periods, especially toward the beginning,” Moore said.
However, donors rallied to meet and exceed Forever LSU’s fundraising goal.
“One of the things that defines a great university is its ability to successfully fundraise,” said LSU System President John Lombardi.
The campaign funds will go to help students both now and in the future, said Charlie W. Roberts, president and CEO of LSU Alumni Association.
A celebratory block party was held for students, staff, alumni and donors on April 8. The event included speeches from campaign leaders and Miss LSU-USA as well as free food, giveaways and performances from Tiger Band and the LSU cheerleaders.
Looking forward, Forever LSU shows no signs of slowing down regarding fundraising.
“We are looking to push more of an ongoing campaign to fund more scholarships and professorships,” said Sarah Clayton, alumna and co-chair of the campaign in Atlanta.
Moore said he is looking to target a younger group of donors because the University is missing donations from current students and recent graduates.
“Our aspirations are to build a culture of giving among current students,” Moore said.
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Contact Josh Naquin at [email protected]
Campaign exceeds $750M objective
May 7, 2011