An investment in community

Early fund-raising success prompted the Board of Advisors to raise the goal to $10 million: $6 million for endowed scholarships; $2 million for faculty and staff development; and $2 million for technological enhancements.

Approximately $8.5 million has been raised to date.

Notable gifts of the campaign include:

• $500,000 from New Albany business executive Richard Stem to establish endowed scholarships for arts and music;

• $3.1 million from the Paul Ogle Foundation, which includes $2.1 million in endowed scholarships and $500,000 from the Harrison County Community Foundation, plus matching funds from the Lilly Foundation to create $1.25 million in endowed scholarships.

• Establishment of the Lee Hamilton Scholars Program with a $1 million goal. The Paul Ogle Foundation has already issued a challenge grant of $500,000;

• Largest single alumni gift of $1 million from Carlton and Sue Sanders to establish an endowed faculty chair in E-business;

• $500,000 contribution by Bloomington philanthropist William Cook for IU Southeast’s Center for Mentoring and Student Outreach program;

• $340,000 in nursing scholarships from gifts received by Louisville area hospitals; and

• More than $800,000 in contributions from faculty and staff, which includes a gift of more than $500,000 from a professor emeritus.

Co-chairing the campaign are attorney Bob Lanum and Jack Hillerich, president of Hillerich & Bradsby Co.