Vol. 18, No. 27 April 15, 1999

Capital campaign nears half-way mark in 6 months

The University is nearly halfway toward reaching its $225 million capital campaign goal, President David P. Roselle announced at the semiannual General Faculty meeting April 12.

"Today, I'm proud to tell you that we have--in gifts and pledges--nearly $110 million," Roselle said. "We're nearing 50 percent of of our goal, and we're in the first year of the campaign. We know that bodes very well for the future of our University."

The overall $225 million goal of Campaign for Delaware, launched last October, seeks $50 million for student support, $35 million for faculty support, $40 million for academic program support, $50 million in capital support and $50 million in expendable gifts to the University.

During the meeting, Roselle cited "some of the remarkable gifts" made thus far in the campaign:

President Roselle told the faculty that, when the campaign started, there were only two faculty chairs at the University with endowments in excess of $1 million.

"If things go as expected in the next few months," he said, "there will be more than 20 such endowments."

Several donations that enhance the University's infrastructure also were mentioned by the president:

Roselle concluded his presentation with slides showing landscaping projects and renovated buildings on campus, including Memorial Hall, which will be rededicated on May 16, and Bayard Sharp Chapel, the 1843 Episcopal Church on Delaware Avenue that will serve as a music gallery.

-- Cornelia Weil