Campaign Passes $1 Billion Mark
OSU’s first campaign exceeds goal 11 months early
On January 31 to an estimated crowd of 600 at the downtown Portland Hilton, Oregon State University President Edward J. Ray announced that The Campaign for OSU surpassed its $1 billion fundraising goal—eleven months ahead of schedule—at his annual State of the University address.
The campaign, Oregon State’s first, will continue through December 2014, with emphasis on raising funds to further support student scholarships, fellowships, faculty funds, and program development.
“Reaching $1 billion in the university’s first comprehensive fundraising campaign is a remarkable milestone, but this campaign has never been about the big number,” says Ray. “Our generous donors are committed, as is the university, to transforming OSU into a top-ten land grant research university to significantly advance the health of the Earth, its people, and our economy.”
Portland-area business leaders Patricia Reser ’60, Jim Rudd, and Patrick Stone ’74 serve as the co-chairs for the campaign steering committee. Reser also serves as chair of the new OSU Board of Trustees.
“Our donor community is growing because people are deepening their ties to Oregon State—and that helps make us a better university,” says J. Michael Goodwin, CEO & President of the OSU Foundation. “This is just the beginning.”
More than 102,000 donors to The Campaign for OSU have:
- Created more than 600 new scholarships and fellowships with gifts exceeding $170 million
- Exceeded the $100 million goal for faculty support, more than doubling the number of endowed faculty positions at OSU to 124, to help attract and retain leading professors and researchers
- Supported the building or renovation of more than two dozen campus facilities, including Austin Hall in the College of Business, the Linus Pauling Science Center, and the OSU Basketball Center