September 20, 2010

Fundraising Success Inspires Higher Goal

Fort Wayne, Ind.—With two years remaining in its Momentum campaign, Indiana Tech has set its sights higher and increased the fundraising goal from $19 million to $25 million by June 2012.

President Arthur E. Snyder announced the new goal to about 300 alumni, faculty, staff, students and guests gathered for the university’s 80th Anniversary Gala on Saturday, September 18. The Momentum campaign was publicly announced just two years ago, and Snyder told the crowd that $22 million has been raised thus far.

“Just halfway through the campaign, we’re $3 million beyond our goal,” he said amid cheers and applause. 

The campaign has already had a visible impact on the university. Since the Momentum launch in 2008, the university has:

  • Built three new residence halls
  • Built a new athletic center
  • Renovated the administration building
  • Added state-of-the-art laboratories for life sciences, computer sciences, and energy engineering
  • Become a test site for an innovative geothermal system
  • Added new degree programs
  • Increased scholarship programs
  • Expanded library resources and academic support services

“While we celebrate and most definitely appreciate these results, we will not just stop and rest here,” Snyder explained. “What these results tell us is that this university is held in such high esteem, that so many others see the vision too, that we must keep moving forward. … By the end of the campaign in June 2012, we plan to reach $25 million!”

The new $25 million goal was approved by the Board of Trustees on Friday, September 17.

 

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