AMHERST, Mass. - Calling it a "milestone" in the history of the campus, University of Massachusetts Chancellor David K. Scott today declared Campaign UMass a success. Scott announced the campus''s first-ever comprehensive campaign has raised $130,774,827 in private donations, strengthened the University''s overall image, and enlisted hundreds of supporters and advocates for the campus.
"When we launched Campaign UMass," said Scott, "we had three major goals: to increase advocates, to enhance the University''s image, and to raise resources. We have succeeded in each area. That success is extremely gratifying."
Scott''s announcement came at an evening celebration for major campaign donors, which included dinner and a performance of "Carmen" by the London City Opera at the Fine Arts Center.
Scott told the invited guests that in 1996, when the campus announced its five-year goal to raise $125 million, "the news was greeted with skepticism by many. I take pride in announcing tonight that we have not only surpassed this goal, we have done it one year ahead of schedule."
He said the campaign has "significantly strengthened the University and helped us to reposition the campus to meet the challenges of the 21st century." He thanked all those in attendance for their support.
Scott added: "Campaign UMass is just the beginning. In a real sense, tonight we are celebrating a new spirit of philanthropy and volunteerism on this campus, a potent force that will be vital to the future of this University."
Scott noted that 3,000 engaged alumni and supporters now serve as volunteer ambassadors for the campus. He said that over the course of the campaign, the number of alumni clubs has increased from six to 40; Alumni Association membership has grown from 8,000 to 12,000; and the assets of the association have increased from $300,000 to $3.5 million.
The public''s perception of the campus also has changed, Scott said, citing a new institutional logo, a doubling of positive press coverage, and significant improvement in the campus''s reputational rankings. "One benchmark that I take great pride in is the ranking by U.S. News & World Report of UMass Amherst among the top 10 public universities for value of education for the cost. Money magazine also ranked us as the fourth best in value for money for in-state students. We had never been ranked in these ways in the past."
According to Scott, Campaign UMass added more than $40 million in new endowment funds for the campus.
Funds generated by the campaign will enable:
* the creation of 18 new chairs and professorships, nearly a dozen endowments for visiting faculty and guest lecturers, and a number of significant research funds;
* students to receive more than $10 million in new financial aid;
* construction of new teaching and research facilities, including the Harold Alfond Management Center at the Isenberg School of Management;
* additional support of the University Library.
Royster Hedgepeth, vice chancellor for University Advancement, said he is "extremely pleased" with the success of Campaign UMass. "I''m especially delighted with the alumni and friends who have rallied to our support," he said.
"The success of this campaign is only a first step," said John P. Flavin, of Texas, University alumnus, and national campaign chair. "We have established a foundation of philanthropy and volunteer engagement. Building on that foundation is the real challenge that lies ahead."