C of I name change bringing success to Invest in Excellence fundraising campaign
2008. 05. 27.
CALDWELL – Alumni from The College of Idaho and Albertson College of Idaho are showing their support for the College's name change by donating to the Invest in Excellence comprehensive fundraising campaign.
President Bob Hoover will make three announcements related to the 10-year, $175 million fundraising campaign at a news conference:
Friday, May 30
Steps of Sterry Hall facing the clocktower
Hoover will announce how much money has been raised, the names of the honorary co-chairs, and an initiative to honor two professors.
Invest in Excellence has raised $90 million in donations, grants and estates since it was announced in October. This includes the lead gift of $72 million from the J.A. and Kathryn Albertson Foundation.
Hoover attributes much of the success of the campaign to the College's return to its original name of The College of Idaho in October.
"I'm very pleased to be able to announce the early success of the Invest in Excellence campaign," Hoover said. "We have heard from many alumni who have not given to the College in several years because they didn't feel like it was the same school they knew and loved. Going back to The C of I has helped us connect with all of our alumni."
In addition to providing an update about the money raised so far, Hoover will announce that Gov. C.L. "Butch" Otter and former C of I President Bob Hendren have agreed to be honorary campaign co-chairs.
He will also announce an initiative to create an endowed department chairmanship for Professor Howard Berger and an endowed scholarship for Professor Terry Mazurak. Berger and Mazurak recently celebrated their 25th anniversaries of teaching at the College.
The College of Idaho was known as Albertson College of Idaho for 17 years. The Albertson name was chosen to honor Joe and Kathryn Albertson for their many years of financial and personal contributions to the College.
The decision to return to The College of Idaho name came in October after a study conducted by the J.A. and Kathryn Albertson Foundation indicated that allowing the College to return to its original name would help it connect with alumni, fundraise more successfully, and continue to provide a high-caliber liberal arts education for generations to come.
At the time the name change was announced, Hoover kicked off the Invest in Excellence fundraising campaign. Invest in Excellence focuses on three main areas, and includes both short- and long-term goals:
- Increasing the College's endowment to provide more four-year scholarships, academic chairs and professorships, faculty professional development and student activities
- Increasing the College's unrestricted fund
- Remodeling, updating and building new facilities
"This campaign provides something for everyone on campus," Hoover said.