Record Numbers of Gifts Already Having Impact Around Campus
As it entered its final 18 months, DePaul’s Many Dreams, One Mission Campaign was progressing well toward its goals. After eclipsing the original $250 million campaign goal early in 2012, trustees voted to increase the overall target to $300 million to assure the fulfillment of goals for scholarships, new facilities, faculty support, and academic programs and student life.
As of October 17, 2012, campaign progress stood at $263.2 million in philanthropic support. More than 30,000 alumni and friends have made gifts to the campaign. Well before its scheduled conclusion in June 2014, the historic effort is having a profound impact on students, faculty and the campuses.
Funding from campaign donors has driven a major revamp of the Lincoln Park Campus that will create an academically based arts corridor. A new theatre building, designed by Pelli Clarke Pelli, will serve as the entry point for the Lincoln Park Campus’ west side, while the new and renovated music buildings will flank the east side of campus.
The Monsignor Andrew J. McGowan Environmental Science and Chemistry Building, an early outcome of the campaign, has served thousands of students since it opened in 2009, elevating our ability to teach science with leading-edge technology. The interdisciplinary Arts and Letters Hall opened for students last spring and is abuzz with activity and courses.
The campaign has helped create many faculty positions and has established nearly 400 new scholarships. Campaign leaders are committed to exceeding all goals set forth in the campaign, with a special focus on the $100 million scholarship goal—critical to maintaining DePaul’s historical commitment to attracting talented students from all backgrounds. To date, we have raised 77 percent toward this total and expect that, through concentrated efforts, alumni will take advantage of the opportunity to provide much-needed scholarship support for the next generation.
Donors have been inspired to make legacy gifts in record numbers, with more than 1,000 alumni and friends making a commitment to include DePaul in their estate plans. The value of those commitments is $97.4 million in philanthropic support. The number of commitments has doubled compared with the six years leading up to this campaign, while the total dollars committed has quintupled. “People have opened their hearts and proved their dedication to the mission of DePaul University and the students that we serve,” says Mary Finger, senior vice president for advancement.
Finger adds that of the more than 30,000 donors to the campaign, about 2,000 are corporations and foundations. “The rest, more than 27,000 people, are mostly alumni, but also faculty, staff, friends and neighbors who have dug deep to support the mission of this university.”
More than half of the donors to the campaign are making their first gift to DePaul, Finger says. “We are sparking a whole new spirit of philanthropy at DePaul and living up to Vincent’s call.”
John and Barbara Keeley Make Gift to Promote Excellence in Finance
Having built his own highly successful investment firm, John Keeley understands what it takes to become a successful trader. That’s why he and his wife, Barbara, recently made a $1 million commitment to the Many Dreams, One Mission Campaign to help equip the virtual trading room at the Driehaus College of Business.
This specialized classroom, one of the largest of its kind in North America, doubles the existing capacity to 60 students at 30 dual-monitor work stations—all hosting Bloomberg software and a range of other products
that reflect the finance marketplace. Its creation translates into substantial increases in the academic quality of DePaul’s finance education and the caliber of students and graduates. It is expected that these students will be recruited at higher levels by the leading firms in the finance field, as this resource prepares them for the technologically sophisticated, rapidly changing finance marketplace.
This is not the Keeleys’ first generous gift to the Many Dreams, One Mission Campaign. They were among the leadership donors early in the campaign, endowing the Christopher L. Keeley Chair in the Department of Finance in memory of their late son. Christopher Keeley graduated from DePaul in 1994 and became a successful trader and vice president in his father’s firm before he died suddenly from a pulmonary embolism in 2002.
Since making the previous gift, John Keeley says, “I have been spending time in DePaul classrooms with dedicated students and exceptional faculty. These experiences led me to support the university’s effort to equip the virtual trading room with the latest in analytical software. This support will keep the cost of finance education affordable for DePaul students.”
For more information on the campaign, including the current fundraising total, please visit campaign.depaul.edu.