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Foundation Has Record Year,
Builds Momentum for Major Campaign
MAILED: Oct. 26, 2001
EAU CLAIRE — The University of Wisconsin-Eau Claire Foundation Inc. has experienced a record year of giving, with momentum now building toward the university’s first-ever comprehensive fund-raising campaign. Contributions were up this year in every giving category, including annual giving, major gifts, planned gifts, restricted gifts and unrestricted gifts.
Contributions of $3,439,315 for the 2000-01 fiscal year, which ended June 30, surpassed total funds raised in 1999 and 2000 combined, according to figures reported by Chairman Larry Weber at the Foundation’s annual meeting Oct. 19. This marks the 10th consecutive year the Foundation has received more than $1 million in gifts from alumni, parents and friends of the university.
A stock gift of more than $1 million from Jan and Kathryn Ver Hagen of St. Louis, a bequest of more than $300,000 from the estate of longtime UW-Eau Claire speech professor Grace Walsh and a retained life estate valued at $250,000 were several of the larger gifts that contributed to the Foundation’s banner year of philanthropy, said Foundation President Carole Halberg. Alumni giving also remained strong at more than 20 percent, well above the national average for comparable universities.
As a result, the Foundation contributed nearly $2 million to the university for scholarships, faculty projects, equipment, research and other priorities, Halberg said.
“The record year of contributions speaks highly of the university leadership’s willingness to get out and explain the university’s goals and aspirations to potential donors as well as to the quality of the Foundation’s staff additions in preparation for the university’s first major fund-raising campaign, which will begin sometime in 2002,” Weber said.
Halberg noted that for the first time, the Foundation board has become a national board, with members from Virginia, Ohio, Missouri, Colorado and Arizona in addition to Wisconsin and Minnesota. Those members include David and Marilyn Karlgaard, Fairfax, Va.; Tom Flesch, Columbus, Ohio; Kathryn Ver Hagen, St. Louis, Mo.; Bob Quinette, Lone Tree, Colo.; and James Derouin, Phoenix, Ariz. All of the national board members are UW-Eau Claire alumni.
At their Oct. 19 meeting, board members received updates on UW-Eau Claire’s preparations for a comprehensive fund-raising campaign. They reviewed the draft of the university’s case for support, which defines the need for the campaign and how gifts can make a difference. University and Foundation officials, now in the campaign’s quiet phase, will formally announce the campaign and its goals in 2002.
“Our alumni and other university friends understand the important role UW-Eau Claire plays in the lives of individuals and in the economic and cultural vitality of this region and state,” said Chancellor Donald Mash. “The continued and increasing financial support we are receiving is heartening and truly a harbinger of things to come.”
“A year like this, immediately preceding our campaign kickoff and as a part of the quiet phase, certainly provides impetus for an exciting and successful campaign,” Halberg said. “Such an effort means that we will be able to provide additional support and opportunities for our students and faculty, and the bottom line is that’s what a campaign is all about.”
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UW-Eau Claire News Bureau
Updated: Oct. 26, 2001