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Rutgers capital campaign passes $500 million goal Archived article from Sep 8, 2003 By Diane Cornell "The Rutgers Campaign: Creating the Future Today" has surpassed its goal of $500 million by more than $23.8 million — a full year in advance of its scheduled conclusion. The total as of July 31, $523,803,791, establishes a new capital campaign record for Rutgers. The campaign, which began July 1998 and was publicly announced by the board of governors in April 2001, raises private funds to enhance academic programs, provide scholarships and financial aid, support research, assist in faculty recruitment, and enrich the campus and community environment. More than 76,000 individuals have donated to the campaign since its inception, along with more than 5,100 corporations, foundations and organizations. "We are tremendously gratified, though not surprised, by this outpouring of support. New Jerseyans are proud of their state university, and I know firsthand that this confidence in Rutgers is mirrored in other parts of the country," said Rutgers President Richard L. McCormick. "This is a clear indication that Rutgers' aspirations to become one of the top-tier public universities in the nation are valid and merit enthusiastic support," McCormick added. "The success of the campaign is a great foundation on which to build." The faculty and staff campaign, "I Believe in Rutgers," a component of the capital campaign, raised nearly $15 million. That amount — included in the overall campaign total — was given by more than 5,100 current and former employees of the university. "Many individuals have contributed to the success of the campaign, but there is no more heartfelt contribution than those of the faculty and staff who work at Rutgers," said Clement Price, chair of the faculty and staff campaign and a professor of history. "When employees give to the campaign they are saying that Rutgers is a quality institution that deserves their support and they want to invest in its future success. I have been heartened by the interest of the faculty and staff in taking Rutgers to the next step toward becoming one of the finest universities in the nation." Several employees earmarked donations to specific areas, such as Arlene Pashman, a senior editor at the Center for Urban Policy Research, who regularly contributes to the Rutgers University Glee Club because her son Scott, ‘97, was a devoted member. Now a lawyer, Scott joined the group as a freshman and toured with it in Europe. Others wanted to honor a loved one by establishing scholarships in that person's name, like Shirley, '57, and Cornelius Smoyak. The couple established an endowment in memory of their daughter Karen, a 1987 Cook College graduate who died of Hodgkin's disease just seven months after graduation. The endowment, set up with an outright gift of $50,000 and a $50,000 charitable gift annuity, funds student projects in their daughter's area of study, forestry and wildlife. Shirley Smoyak is a professor of urban studies at the Edward J. Bloustein School of Planning and Public Policy and her husband, a retired religion teacher, is a deacon at Kirkpatrick and Voorhees chapels. Still others wanted to recognize the quality programs they have witnessed first-hand, like retired Academic Librarian Ryoko Toyama, who made a three-year commitment to benefit the Rutgers University Libraries. She said the students she sees at the Alexander Library on a daily basis inspired her donation. David K. Whitcomb wanted to recognize his 25 years at Rutgers and the support he was given while conducting research here. A professor emeritus of finance and economics, Dr. Whitcomb's $1 million gift went to the Rutgers Business School–Newark and New Brunswick to fund The Whitcomb Center for Research in Financial Services and to establish named professorships in finance. Judith K. Brodsky, a professor emerita in the department of visual arts of Mason Gross School of the Arts, facilitated a gift of $5.47 million in original prints and other artwork from the collection of renowned artist June Wayne and also gave a $500,000 gift of her own. Through Professor Brodsky's gift and the proceeds of the sale of some of Ms. Wayne's works, an endowment has been created to help support the Rutgers Center for Innovative Print and Paper. Professor Brodsky is the center's founding director. So far, the overall campaign has funded more than 170 endowed scholarships and nine newly endowed chairs approved by the Rutgers Board of Governors. The campaign has received more than 96 gifts of $1 million or more, totaling $296 million. In the months ahead, the campaign will focus its attention on faculty support, facilities and equipment, and discretionary funds —areas that have unfulfilled needs. Some of the specific campaign objectives include:
"While our public goal has been realized a year ahead of schedule, we still need to continue to progress toward fulfilling all of the campaign goals," said Campaign Chair Jim Cullen, '64. "Those who have not yet made a commitment to the campaign have a wonderful opportunity in the year ahead to make a positive difference in Rutgers' future."
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For questions or comments about this site, contact Greg Trevor Last Updated: May 30, 2006 © 2012 Rutgers, The State University of New Jersey. All rights reserved. 
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seeking support for student financial aid;