University of Louisiana at Lafayette Announces $500 Million Fundraising Campaign
Oftentimes the spirit of giving accompanies the end of the year, and at UL Lafayette, that spirit is abundant. According to this news release from the university, a $500 million comprehensive fundraising campaign was announced by the University of Louisiana at Lafayette, making it the largest single fundraising initiative in the school’s long history.
The initiative, which was formally started on November 5th is titled Together: The Campaign for the University of Louisiana at Lafayette, and according to UL Lafayette President Dr. Joseph Savoie, the half-billion-dollar goal is not only about focusing on the school and its students, but the surrounding community, state, and world they find themselves in.
In his rousing speech announcing the historic milestone fundraising goal, Dr. Savoie stated that in reaching the $500 million goal, ULL will also “enhance the role the University plays in strengthening our community, deepening our wider understanding, and opening the door to a world-class education for those who come here to pursue their aspirations. This campaign is our moment to look upward and see that the only obstacle we face – the only limit we have – is our own capacity to dream. Together, we can – and will – shape the future.”
Four days following its announcement, the fundraising campaign was over halfway towards meeting its target, according to UL Lafayette vice president for University Advancement and CEO of the UL Foundation, John Blohm. Reportedly, alumni and friends of the university had already provided $303 million in pledges and gifts during its initial phase, which began in 2016.
As of today, the campaign has enabled the University to create many opportunities for faculty and students. This is seen in the four endowed chairs, 34 endowed professorships, and 122 endowed student scholarship funds that have been created thanks to the campaign.
In their donation, ULL alumni and friends have chosen to support various construction projects and renovations of teaching and learning spaces found inside several academic colleges over the years. Included in these projects made possible by the generosity of alumni and friends are the Maraist Financial Services Lab, which is located inside of theB.I. Moody III College of Business Administration, the Northwestern Mutual Sales and Research Lab, and the Grant Gibson Interdisciplinary Research Laboratory in the Ray P. Authement College of Sciences.
Additionally, several labs such as the Franks CAD Student Education Laboratory, Nick Pugh Aerospace Electronics Research Lab, and the Solar Energy Program of Excellence were created in a similar manner, and all three of the aforementioned labs are located inside ULL’s College of Engineering. Not to mention, the fundraising campaign has also helped to renovate the Roy House, which turned it into the new home for the Center for Louisiana Studies and the creation of the Kathleen Babineaux Blanco Public Policy Center.
Included in the $303 million that has already been raised in the campaign are the two single largest gift committees in university history. These are the $20 million from LHC Group that was for the College of Nursing and Allied Health Professions and the $15 million from Our Lady of Lourdes Regional Medical Center for the renovation of Cajun Field. Both of these pledges were received by ULL in 2021.
According to UL Lafayette’s provost and vice president for Academic Affairs, Dr. Jaime Hebert, of the approximately 25,000 individuals who have made an effort to give to the campaign to date, 62% were identified as being ULL alumni, 30% friends, and 8% organizations.
Dr. Hebert reelected on the funds raised so far in the campaign by remarking, “this campaign has provided more opportunities for student success, world-class facilities for our student-athletes, a deeper connection to this community and its culture, and a stronger, better prepared and more agile workforce. None of this would have been possible without donors and friends working with the University to empower our students and change their destinies.”
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