Fundraising campaign aims for $125 million

December 02, 2004, vol. 31, no. 7
By Diane Luckow



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SFU kicks off a $125 million fundraising campaign on Dec. 2.

The drive will attract funding to strengthen the university's research capacity, to enhance recruitment of internationally prominent faculty and top students, and to build new facilities.

Capital projects that will benefit from the campaign include a new home for the school for contemporary arts, the new Segal graduate school of business, improved athletic and recreation facilities, new space for the university's art collection and a multi-faith centre on the Burnaby campus.

The Reaching New Heights campaign is a prelude to the university's 40th anniversary celebrations, which begin in September 2005.

Raising funds for endowments will be a big part of the campaign. Endowed chairs and professorships will help attract outstanding faculty to lead advances in research and program development.

Endowed student awards will help attract the brightest and best students and enhance student financial assistance.

“The campaign has been in its quiet phase since December 2000 and we are already at $80 million,” says Cathy Daminato, SFU's VP- advancement, who expects to meet the goal by December 2006.

Some key gifts to-date include the donation by chancellor emeritus Joe Segal of the building that will house the new graduate school of business, and matching funds from the provincial government to help complete its renovation.

Brandt Louie, chair of the SFU board of governors, president of H.Y. Louie Co. and chairman and chief executive officer of London Drugs, is chairing the campaign. Volunteers assisting Louie are chancellor Milton Wong, chair of the school for the contemporary arts campaign and Vancouver businessman Don Rix, who chairs the Segal graduate school of business campaign.

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