Scranton Surpasses Pride, Passion, Promise Campaign Goal of $125 Million

05-11-11

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The University of Scranton has successfully reached the largest capital campaign goal in the 123-year history of the school. The more than $125 million raised from the campaign supports Scranton’s endowment, annual resources and capital projects, such as the 200,000-square-foot unified science center, currently under construction.

        The University of Scranton has successfully surpassed the most ambitious capital campaign goal in its history, raising a historic $128.5 million as of May 10, 2011.

        The success of reaching the $125 million goal of the Pride, Passion, Promise Campaign, aimed at transforming the campus and securing the future of the Jesuit university, was celebrated at a dinner reception held on campus on May 10.

        “This campaign is the largest, in terms of dollars raised and donor participation, in the 123-year history of our University,” said Rev. Scott. R. Pilarz, S.J., president of The University of Scranton. “The unsurpassed, generous outpouring of support from our alumni and friends demonstrate the great love they share for Scranton. Their support and the guidance provided by campaign co-chairs Kip and Peggy Condron and the Campaign Executive Committee have made this historic celebration possible.”

        Approved by the Board of Trustees in October 2004, the Pride, Passion, Promise Campaign’s original goal of $100 million was publicly announced at a black-tie gala held on campus in April 2008. Early enthusiastic support encouraged the Board of Trustees and Campaign Executive Committee to raise the goal to $125 million in January 2010. The campaign will continue to accept gifts until it officially closes on May 31.

        “The campaign has been a labor of love,” said Margaret Condron, Ph.D., national campaign co-chair and a former trustee at Scranton.

        “The momentum and scope of this campaign proves The University of Scranton is happening. It’s happening now – and people want to be a part of it,” said Christopher “Kip” Condron, of Scranton’s class of 1970, national campaign co-chair and current chair of the Board of Trustees. “It demonstrates the University’s Jesuit and Catholic mission is alive and well at Scranton.”

        In addition to the monetary goal, the campaign set and successfully met or surpassed several other goals, including motivating more than 25,000 donors to participate and receiving the largest individual donations in the Jesuit school’s history.

        Funds raised through the Pride, Passion, Promise Campaign support capital projects, as well as enhance Scranton’s endowment and annual resources.

        The $60 million raised for capital projects has supported the 118,000-square-foot Patrick & Margaret DeNaples Center; the 386-bed, 108,000-square-foot Christopher and Margaret Condron Hall; the 22,000-square-foot John and Jacquelyn Dionne Campus Green; the renovation of The Estate as a new home for Admissions; the high-tech, simulated trading floor of the Alperin Financial Center in Brennan Hall; the renovation of the former Visitor’s Center into to the Chapel of the Sacred Heart; the expansion and renovation of the Retreat Center at Chapman Lake; the 189,000-square-foot apartment and fitness complex on Mulberry Street; and the 200,000-square-foot unified science center, currently under construction.

         In addition, the campaign raised $45 million for scholarship and academic enrichment, funding more than 120 endowed need- and merit-based scholarships, as well as faculty chairs and professorships, and academic- and student-life programs. Twenty million dollars was also raised to support for annual resources. This also includes a tuition-assistance endowment to provide need-based aid for qualified and deserving students, as well as a program and academic excellence endowment to support academic programs and student/faculty scholarship.

        “The success of this campaign has allowed us to transform the campus – which in turn will allow future generations to be transformed at Scranton into women and men willing and exceptionally well-prepared to go and set the world on fire,” said Father Pilarz.
     



Press Release Contact:
Stan Zygmunt
Director of News & Media Relations
The University of Scranton
(570)-941-7662