ST. BONAVENTURE, N.Y., Aug. 22, 2007 - Strong support from alumni, parents and friends pushed St. Bonaventure University over its goal in meeting an $850,000 challenge grant from the Kresge Foundation in support of the sciences.
In April 2006, St. Bonaventure was given an “all or nothing” challenge from the Kresge Foundation: raise more than $2.6 million from private sources by Oct. 1, 2007, and the Foundation would award the University $850,000 in funding for the sciences.
Sr. Margaret Carney, O.S.F., S.T.D., president of the University, announced today that the University had surpassed the Kresge Challenge goal by nearly half a million dollars, four months ahead of schedule.
Donors contributed more than $3 million in a 16-month period to support the expansion and renovation of the University’s science instruction facility.
"The Kresge Challenge is a colossal success — and a collective success. It illustrates how our cohesiveness as a learning community creates good things, and how big differences are made one dollar, one phone call and one road trip at a time," Sr. Margaret said.
The University has undertaken an expansion and renovation of its science instruction facility. The William F. Walsh Science Center and renovated DeLaRoche Hall will house state-of-the-art computer science, laboratory and classroom space, biology labs, organic and general chemistry labs, a Natural World lab, a 150-seat indoor amphitheater, and faculty offices integrated with lab space for better student-teacher accessibility.
"Exceeding this goal ahead of schedule is an inspiring testament to the fact that many, many people are committed to the future of St. Bonaventure, that they believe in the leadership of our president, and that they champion the work of our faculty," said Michael J. Fischer, Ph.D., provost and vice president for academic affairs.
The Kresge Foundation is an independent, private foundation created by the personal gifts of Sebastian S. Kresge. Through its grant-making programs, the foundation seeks to strengthen nonprofit organizations by catalyzing their growth, connecting them to their stakeholders, and challenging greater support through grants.
The foundation’s commitment helps meet priorities in the University’s current Anniversary Campaign for St. Bonaventure, which focuses on three major goals: Enhancing the Learning Experience, Ensuring Franciscan Mission Effectiveness and Securing Institutional Well-Being.
"Without the Kresge Challenge, we would not have had the leverage to reach as many people and get more of our alumni involved in growing the sciences," said Andrea Trisciuzzi, associate vice president for development and director of the campaign.
Trisciuzzi also attributed the successful initiative to the "extraordinary efforts" of Robert D. Crowley, ’71, of Warren, Pa., who served as chair of the DeLaRoche Challenge Committee and "is a leader in volunteer service to the University."
Launched to the public in September 2005, The Anniversary Campaign for St. Bonaventure University will culminate with St. Bonaventure’s sesquicentennial 15-month celebration that will begin in March 2008.
To date, some $80 million has been raised toward the campaign’s $90 million goal, Trisciuzzi said.
Read more about the Anniversary Campaign.