{"237771":{"#nid":"237771","#data":{"type":"news","title":"Campaign Approaches Final 2 Years","body":[{"value":"\u003Cp\u003EWhen Campaign Georgia Tech began its quiet phase on July 1, 2004, three and a half years had passed since the successful conclusion of the previous capital campaign.\u0026nbsp;\u003C\/p\u003E\u003Cp\u003EThat five-year effort raised nearly three-quarters of a billion dollars in gifts and commitments, surpassing the original goal of $300 million and multiple revised goals, and finally closing at $712 million. At the time, it was the most successful campaign in the Institute\u2019s history, measured not only in dollars but also in terms of physical spaces (Technology Square, the four-building Biotechnology Complex, the Klaus Advanced Computing Building, and the Campus Recreation Center). Add to that hundreds of newly endowed undergraduate scholarships and graduate fellowships, as well as 54 new endowed chairs and professorships. In five short years, the campaign had played a critical role in Georgia Tech\u2019s transformation.\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EFast Forward\u003C\/strong\u003E \u003C\/p\u003E\u003Cp\u003EWhat a difference a decade makes. The current campaign started with a goal of $1 billion \u2014 the highest in school history \u2014 and was originally scheduled to end in 2010. But a change in Institute leadership in 2009 brought with it a new strategic plan and a corresponding roadmap for philanthropy. President G.P. \u201cBud\u201d Peterson, along with his leadership team and members of the campaign steering committee, decided to extend Campaign Georgia Tech through Dec. 31, 2015, and to raise the goal to $1.5 billion. \u003C\/p\u003E\u003Cp\u003EWhere do things stand with less than two and a half years remaining? As of the close of fiscal year 2013, the campaign has generated $1.248 billion in gifts, multiyear pledges, and testamentary commitments. In addition:\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003EOf that total, $470 million has been directed to permanent endowments, $282 million to facilities construction and renovations and equipment, and $488 million to current operations.\u003C\/li\u003E\u003Cli\u003EAlumni continue to be the primary source of philanthropy, with $570 million, followed by corporations at $348 million, and foundations at $150 million.\u003C\/li\u003E\u003Cli\u003E$158 million has been raised for intercollegiate athletics.\u003C\/li\u003E\u003Cli\u003EThe G. Wayne Clough Georgia Tech Promise scholarship program has received $41 million in endowments toward a $50 million goal.\u003C\/li\u003E\u003Cli\u003ETwo academic programs have been named: the H. Milton Stewart School of Industrial and Systems Engineering and the Ernest Scheller College of Business. \u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003ELed by co-chairs Mary and John Brock, Campaign Georgia Tech is closely aligned to the strategic plan. It\u2019s focused on securing resources for the strategic priorities that will enable Tech to define the technological research university of the 21st century. \u003C\/p\u003E\u003Cp\u003EAccording to Tech\u2019s Vice President for Development Barrett H. Carson, the campaign is fully on track for success on or before Dec. 31, 2015, \u201cbut opportunities and challenges still exist in these final 28 months. Our opportunities become our challenges as time begins to close in. While we can celebrate our accomplishment of endowing 74 new faculty chairs and professorships, for example, I see the 26 that remain to be funded to get to our goal of 100.\u201d He added, \u201cThe math is easier than the fundraising in this case.\u201d \u003C\/p\u003E\u003Cp\u003ECarson also noted the accomplishments to date in the area of facilities construction and renovation. \u003C\/p\u003E\u003Cp\u003E\u201cThe campaign is providing critical philanthropy \u2014 the Marcus Nanotechnology Building, Clough Commons, the Hall Building, the Caddell Building, the Ken Byers Tennis Complex, and the list goes on,\u201d he said. \u201cBut I see the facilities that remain. Most critically, the Engineered Biosystems Building, among a number of others.\u201d\u003C\/p\u003E\u003Cp\u003EThe public launch of Campaign Georgia Tech took place in the fall of 2010, followed by a series of roll out events regionally, nationally, and in select cities internationally, announcing the campaign and engaging thousands of alumni. Today, with just more than two years remaining, Development, alumni, and Institute leadership are stepping up efforts to educate the entire Georgia Tech community \u2014 in Atlanta and around the world \u2014 about the profound impact of philanthropy. For more information about Campaign Georgia Tech, click \u003Ca href=\u0022http:\/\/c.gatech.edu\/15nooQ5\u0022\u003Ehere\u003C\/a\u003E.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EWhen Campaign Georgia Tech began its quiet phase on July 1, 2004, three and a half years had passed since the successful conclusion of the previous capital campaign.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"When Campaign Georgia Tech began its quiet phase on July 1, 2004, three and a half years had passed since the successful conclusion of the previous capital campaign."}],"uid":"27445","created_gmt":"2013-09-16 15:21:49","changed_gmt":"2016-10-08 03:14:53","author":"Amelia Pavlik","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2013-09-16T00:00:00-04:00","iso_date":"2013-09-16T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"237441":{"id":"237441","type":"image","title":"Philanthropy at Work","body":null,"created":"1449243659","gmt_created":"2015-12-04 15:40:59","changed":"1475894911","gmt_changed":"2016-10-08 02:48:31","alt":"Philanthropy at Work","file":{"fid":"197708","name":"campaign_graphic_for_the_whistle.jpg","image_path":"\/sites\/default\/files\/images\/campaign_graphic_for_the_whistle_0.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/campaign_graphic_for_the_whistle_0.jpg","mime":"image\/jpeg","size":1410085,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/campaign_graphic_for_the_whistle_0.jpg?itok=SaDsffJU"}}},"media_ids":["237441"],"related_links":[{"url":"http:\/\/c.gatech.edu\/15nooQ5","title":"Campaign Georgia Tech"}],"groups":[{"id":"1259","name":"Whistle"}],"categories":[{"id":"129","name":"Institute and Campus"}],"keywords":[{"id":"14993","name":"Barrett Carson"},{"id":"11162","name":"Campaign Georgia Tech"},{"id":"14992","name":"Office of Development"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}