Transforming Lives Campaign Update November 2014
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Transcript of Transforming Lives Campaign Update November 2014
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NOVEMBER 2014
INVESTING IN PEOPLE AND IDEAS TO ENGINEER A VIBRANT GLOBAL FUTURE
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Not since its founding 140 years ago has Colorado School of Mines undergone a period of change as wide-reaching as it has during the Transforming Lives campaign.
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THE WORLD NEEDS MINES As the university celebrates its 140th anniversary this year, it is a fitting time to look back with pride at milestones in our history, such as:
• the graduation of Florence Caldwell, our first female graduate, in 1898
• the building of the iconic M on Mt. Zion in 1908
• our infamous 1939 undefeated football team
• construction of Arthur Lakes Library in 1955 and Marquez Hall in 2012
While we are proud of our achievements, we remain focused on the future. It is in large part because of private support that we head into the next 140 years as strong as ever, making the kinds of impacts today that will resonate for generations to come.M.W. Scoggins
President Colorado School of Mines
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Through the Transforming Lives campaign, our goal is to raise $350 million for Mines. Each year since the start of the
campaign, we have set the bar higher, raising more than the year before.
With the help of nearly 7,000 donors we have raised 70% of our fundraising goal. Approximately 28 percent of donors have given for the first time during this campaign. These donors—students,
Mines alumni, faculty and staff, corporations, foundations and friends of the university—give to Mines because
they understand that private support helps Colorado School of Mines develop life-changing solutions to complex
global challenges.
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MESSAGE FROM THE CSM FOUNDATION PRESIDENT
This is an exciting time for Colorado School of Mines and the
CSM Foundation. Since we embarked on Transforming Lives: The
Campaign for Colorado School of Mines, alumni and friends have
helped us break fundraising records for three years running.
If you have not yet taken part, please join us. Mines’ longstanding
donors were once first-time donors, too. You can rest assured that your gift will
help Mines grow to meet the challenges of the future. There are many ways to
take part:
• make a gift to The Mines Fund to support priority needs
• join the President’s Council by making an annual gift of $1,000 or more
• establish an endowed scholarship in your name or in memory of a family
member, friend or loved one with $25,000 or more
You can make a one-time gift, or pledge your support over monthly or yearly
installments, and you choose the area at Mines that will benefit from your support.
Your employer, or past employer if you’re retired, may even double or triple your
contribution through matching gifts.
It takes just $75 to register a student for a conference that could open doors to a
fulfilling career. A $5,000 enrichment grant enables a McBride Honors student to
study or intern abroad. With a $1.5 million endowment, you can establish a faculty
endowed chair and provide approximately $67,500 in funding annually.
Please visit giving.mines.edu to learn more about the campaign, our donors
and the students who benefit from private support every day. If you have
joined us in this transformative initiative, THANK YOU! We are grateful for every donor because every gift to Colorado School of Mines matters.
Brian Winkelbauer
President
Colorado School of Mines Foundation
MAKE A GIFT TO TRANSFORM THE FUTURE.
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6,771
$241.4
Endowment
in private philanthropic gifts in industrial research funding
including private gifts and research funding
ALUMNI DONORS
INCLUDING $220M $130MDONORS
CAMPAIGN GOAL
RAISED AS OF 9/30/2014
$350 MILLION
MILLION
$271 MILLION
1,947 new donors
4,400
&
NUMBER OF COUNTRIES REPRESENTED BY DONORS: 31 NUMBER OF STATES: 50
428 corporate and foundation donors In addition to our alumni and friends, corporations, foundations and other organizations are making an impact and transforming lives.
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FACULTY MEMBERS
TENURED OR TENURE-TRACK
TEACHING FACULTY
428204
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NAMED CHAIRS AND PROFESSORSHIPS
Since the Transforming Lives campaign began, Mines established 10 new named faculty positions
bringing the total to 36, an increase of 38 percent. The new faculty chair positions are funded at
an average of more than $2 million, while the positions in place previously were initially funded at
an average of $1.35 million.
New Faculty Positions
Ben L. Fryrear Assistant Professor of Applied Math and Statistics Est. 2012 By: Ben L. Fryrear ’62
Ben L. Fryrear Assistant Professor of Electrical Engineering and Computer Science Est. 2012 By: Ben L. Fryrear ’62
Jerry and Tina Grandey University Chair in Nuclear Science and Engineering Est. 2012 By: Jerry ’68 and Tina Grandey
Bruce E. Grewcock University Chair in Underground Construction and Tunneling Est. 2012 By: Bruce E. Grewcock ’76
Robert J. Weimer Distinguished Endowed Chair in Sedimentary and Petroleum Geology Est. 2012 By: James J. MS ’81 and Kathy L. Emme; Hershal C. Jr. ’58 and Trudy Ferguson; John P. ’52 and Erika H. Lockridge; Chuck ’61 and Louanne Shultz; Whiting Petroleum Corporation and others
Timothy J. Haddon/Alacer Gold Endowed Chair in Mining Engineering Est. 2013 By: Alacer Gold
F.H. “Mick” Merelli/Cimarex Energy Distinguished Department Head Chair in Petroleum Engineering Est. 2013 By: Cimarex Energy Co.
ABS Endowed Chair in Metallurgical and Materials Engineering Est. 2014 By: American Bureau of Shipping Ben L. Fryrear Endowed Professorship Fund for the College of Engineering and Computational Sciences (two positions) Est. 2014 By: Ben L. Fryrear ’62
RESEARCH FACULTY
OF FULL-TIME TENURED OR TENURE-TRACK FACULTY HOLD DOCTORAL DEGREES
151
100%
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SINCE THE LAUNCH OF THE TRANSFORMING LIVES CAMPAIGN, AN INFLUX OF TECHNOLOGY HAS MODERNIZED MANY OF MINES’ CLASSROOMS. NEW COMPUTERS AND SMART BOARDS HAVE INCREASED CONNECTIVITY AND SPED THE DISCOVERY OF NEW INFORMATION BY LEAPS AND BOUNDS.
INVESTING IN STUDENT SUCCESS
Colorado School of Mines supports students from their first day on campus to
graduation and beyond, when they become valued alumni. Top-notch faculty,
sparkling facilities, innovative technology, one-on-one tutoring services and
study abroad programs attract today’s best students.
#1 USA Today’s Top 10 Engineering Colleges in the U.S.
#1 College Factual’s Top 10 Engineering Colleges in the Nation
#2 USA Today’s Top 10 Colleges for a Major in Math
#3 PayScale’s 2014-2015 College Salary Report: 3rd state university in the U.S.
for early career salaries for all graduates at $68,600
#38 U.S. News & World Report’s 2015 Best Colleges Rankings: 38th in
Top Public Schools
#41 U.S. News & World Report’s 2015 Best Colleges Rankings: 41st for Best
Undergraduate Engineering Programs (where the highest degree is a doctorate)
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THE TIME IS NOWA growing global population is creating unprecedented demand on
the planet’s resources. Upon graduating, the future scientists and
engineers studying at Mines will leave campus prepared to meet these
challenges in countless ways.
That means your investments in Mines today will impact the future
like never before. Since the campaign began, donors have committed
$52.4 million for student aid, which is approximately 70 percent
of our campaign goal. More than 110 new scholarships have been
established, which so far have funded more than 1,560 additional
Mines students.
And we are not finished. Even though private donors fund about a
third of every Mines student’s education, 68 percent of our students
have student-loan debt averaging $27,495 when they graduate.
Private donors make a real difference.
These young adults coming out of school today in the
engineering disciplines are ready to really change the
world. And the world needs to get out of their way and let
them do that.
Tom Jorden ’80, MS ’87
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OF MINES STUDENTS HAVE STUDENT-LOAN DEBT AVERAGING $27,495 UPON GRADUATING
68%
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PROGRAM SUPPORT AND SCHOLARSHIPS OPEN DOORS FOR MINES STUDENTS
The studio biology course opened my eyes to the
possibility of using algae as a biofuel and increased my
understanding of the world. After graduation I plan to
research and develop biofuels in the alternative energy
industry. Thank you very much for this scholarship, which
is making it possible for me to attend Mines.
Anna Deleray
Chemical and Biological Engineering Student M.W. and Karen Scoggins Board of Trustees Honors Scholar
My experience at Mines has been fantastic. We have remarkable students with great work ethics and a lot of drive to do well. For a teacher, that’s the best in the world.Keith Neeves
Assistant Professor, Chemical and Biological Engineering
Anna Deleray
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BOOSTING PARTICIPATIONOver the past few years, members of the board of governors have begun a tradition of successful challenge matches that encourage increased donor participation. It has worked, and we are excited our donor base is growing each year!
This fall, Marshall C. III ’67 and Jane Crouch and Robert E. III ’68 and Ann McKee are co-chairing the 140th Anniversary Challenge that will multiply donor support to The Mines Fund at the President’s Council-level. The Mines Fund is a critical part of the annual giving program and supports:
Members of the President’s Council, who give $1,000 or more per year, comprise more than 60 percent of Mines’ total funding raised annually in support of university priorities. We show our appreciation for their extraordinary commitment by providing President’s Council members with exclusive communications, access to university faculty and administration, special events and the opportunity to stay connected to their peers.
Increasingly, students are getting into the action. Student contributions to the Class of 2014 Senior Gift were designated to academic departments and to The Mines Fund, and they were matched by President and Mrs. Scoggins and 1970 alumnus, Mines Trustee and Transforming Lives campaign co-chair Tim Haddon and his wife, Mary.
For a complete listing of donors, visit giving.mines.edu/donors.
More than 930 donors
are members of Mines’
President’s Council.
One member, Alfred
T. Ireson ’48, has been
giving to Mines since
his first $10 gift to The
Mines Fund in 1955.
Today, he’s Mines’
longest consecutive
annual donor at the
President’s Council-
level. He’s also a
member of the Mines
Century Society and
the Heritage Society,
and he has even
deeded his home to
the university as part
of a life estate gift.
Alfred T. Ireson ’48
53% Scholarships
21% Student Life Initiatives
16% Graduate Support
10% Technology
53%
21%
16%
10%
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Colorado School of Mines is a real gem. It’s a national treasure and an institution with global reach.
Tom Petrie, Chairman, Petrie Partners
ESTATE PLANNINGA gift to Mines in a will or revocable trust enables donors to
support our mission and make a difference in the lives of future
generations. It is easy to arrange, will not alter your current
lifestyle and can be easily modified to address changing needs.
These gifts impact lives long after your lifetime.
Bequests made during the campaign: 91
Total value of realized bequests: nearly $6.5 million
In 2014, Hugh ’49 and Ann Evans released funds from life
income accounts with the CSM Foundation to establish the
10th Mountain Division Endowed Scholarship named for the
World War II division in which Evans served. The group fought
in the mountains of Italy and played an important role in the
war. The couple also established the Hugh W. and Ann G. Evans
Endowment for Mining Engineering. A portion of their gift
provided unrestricted support for Mines.
Other notable bequests:
• Robert J. Andersen ’54
• Bill H. Combs
• Genevieve A. Darden
• Richard F. Dewey ’43
• Jim Pacha
• Sue Peiker
• Tom ’36 and Mary Snedeker
• Marian Van Kirk
• Milton H. Ward
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CAPITAL PROJECTSIt is an exciting time to be on the Mines campus. With a record 944 degrees awarded at spring commencement, and unprecedented numbers of applications each year, the university is building a robust campus infrastructure to attract and serve its hardworking students and dedicated faculty.
Building Name Sq Footage Status
CoorsTek Center for Applied Science and Engineering 95,000 SF Planning Phase
Marquez Hall 87,000 SF Opened Fall 2012
Clear Creek Athletics Complex 80,500 SF Under Construction
Starzer Welcome Center 31,000 SF Under Construction
W. Lloyd Wright Student Wellness Center 10,000 SF Opened Fall 2012
CoorsTek and the Coors family invested $26.9 million—the largest single private commitment in Mines’ 140-year history—to fund the construction of the 95,000-square-foot CoorsTek Center for Applied Science and Engineering, establish the CoorsTek Research Fellows Program and fund the purchase of high-tech equipment.
MINES ATHLETICSThe Orediggers’ competitive spirit is alive and well. During the 2013–2014 school year, Mines’ student-athletes earned 19 All-American Honors and 12 Rocky Mountain Athletic Conference Player of the Year awards. Mines athletes garnered top 25 rankings in 2013–2014 in the following sports:
• Women’s Soccer• Men’s Soccer• Volleyball• Men’s Cross Country
Mines student-athletes are known for their success in the classroom as well as on the field. The average GPA for Mines’ student-athletes is 2.99.
To learn more about the Clear Creek Athletics Complex, visit giving.mines.edu/bigwin.
• Golf• Men’s Basketball• Men’s Indoor Track & Field• Men’s Outdoor Track & Field
President M.W. Scoggins and Dr. John K. Coors ’77
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RAISED
IN BEQUESTS
DONORS
BEQUESTS
FOR THE MINES FUND*
DONORS TO THE MINES FUND
$47.8 MILLION
$4.8 MILLION
$2.9 MILLION
2,211
3,200
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2014: A RECORD-BREAKING FUNDRAISING YEARThe fiscal year ending June 30, 2014, was the most successful fundraising year
in Mines’ 140-year history. For the third year in a row, Mines broke its previous
record. Nearly 3,200 alumni, friends and industry partners made $47.8 million in
philanthropic gifts and commitments to Mines, building a solid base of private
funding for scholarships, faculty, technology and programs. Nearly 400 parents
supported Mines, providing funds that benefitted not only their children, but other
Mines students as well.
Notable gifts from 2013–2014:
With a commitment of $4.2 million, Harold ’68 and Patricia Korell are supporting
the Clear Creek Athletics Complex, scholarships and The Parents Fund.
A gift of $4 million from Patty ’83 and Mike ’83 Starzer is supporting
construction of the Welcome Center, to be named for the couple.
A $3 million commitment from ConocoPhillips established the ConocoPhillips
Center for a Sustainable WE2ST (Water-Energy Education, Science and
Technology) at Colorado School of Mines.
A $2 million gift from American Bureau of Shipping established the American
Bureau of Shipping Endowed Chair in Metallurgical and Materials Engineering.
A $1.5 million gift from Alacer Gold Corporation is supporting the
Timothy J. Haddon/Alacer Gold Endowed Chair in Mining Engineering.
*including a unique estate gift
OF MINES STUDENTS
RECEIVE
FINANCIAL AID
OF MINES STUDENTS
RECEIVE
SCHOLARSHIPS
OF A MINES EDUCATION
FUNDED BY PRIVATE
DONORS
82% 36% 33%
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MESSAGE FROM THE CAMPAIGN CO-CHAIRS
We’ve come a long way since we publicly launched the most ambitious
campaign in school history last fall. We’re excited about our progress
together, and we’re eager to make next year even better. We’ll keep you
posted every step of the way, because after all, this is your campaign!
As co-chairs of this transformative initiative, we are focusing our efforts
on innovation, student enrichment, global reach and core strengths.
By leveraging resources in these key areas, we are securing funding for
scholarships, faculty positions, leadership opportunities, facilities and much
more. This year, we raised a record-breaking $47.8 million, and since the
campaign began, our endowment has grown by $105 million, ensuring a
solid foundation of support for years and decades to come.
You are an important part of the community of support that keeps Mines
moving forward. With your help, Mines is impacting the world like never
before! Please join us and invest in a vibrant global future.
Chuck Shultz ’61 Tim Haddon ’70
Transforming Lives Campaign Co-Chairs
giving.mines.edu
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Get the latest news from Mines and firsthand details about the Transforming Lives campaign at a Mines on the Move event in your area.
Providing opportunities for investment in people and ideas to engineer a vibrant global future.
giving.mines.edu
Thank you for taking the time to read about the campaign. If you’ve joined us in this ambitious endeavor, we offer you our deepest gratitude. If you haven’t, there’s still time to take part in Transforming Lives: The Campaign for Colorado School of Mines.
Visit giving.mines.edu to learn more.
PO Box 4005Golden, CO 80402-4005