Angelo State University Surpasses Expectations, Raises Campaign Goal
Record gifts to Angelo State University have shattered previous fundraising totals and helped the institution reach it’s $25 million goal for the Vision & Tradition campaign more than 18 months ahead of schedule.
At a Jan. 19 event celebrating Angelo State University’s campaign accomplishments, Hance and Angelo State University President Joseph C. Rallo, announced that the university was raising its campaign goal to $35 million. Because of the overwhelming generosity of alumni and supporters, campaign officials and university leaders are confident that Angelo State University will meet the new challenge by the end of the campaign.
“We are thrilled with the success and growth at Angelo State University,” said Texas Tech University System Chancellor Kent Hance. “Angelo State’s alumni and supporters understand the tremendous opportunities that lie ahead for their university and continue to show their support by giving to this campaign in record amounts.”
Donations to the institution reached $7.7 million for the 2011 fiscal year and set a new record for the highest annual fundraising total in the university’s history - easily besting the previous mark of $4.9 million set in 2008. For 2012, donors have already contributed more than $6.1 million, helping the university surpass the $5 million mark for the second consecutive year.
“A lot of people have stepped up because Angelo State really is their university,” said Angelo State University President Joseph C. Rallo. “We value their participation in fundraising, and as we move forward with our challenge goal we will be enhancing the opportunities we provide our students.”
The system-wide Vision & Tradition campaign is the first capital fundraising initiative that Angelo State University has participated in as an institution. Donations to Angelo State are counted with those across the Texas Tech University System toward the campaign’s ambitious $1 billion goal.
“Angelo State’s first-ever capital campaign is designed to provide the resources to attract, sustain and graduate the best possible students and prepare them for success in a very competitive marketplace,” said Rallo. “The continued support of our donors is absolutely vital to achieving our long-term goals as an institution.”
Donations to Angelo State University have funded a range of student scholarships and established the first three faculty endowments in the university’s history. Campaign gifts have also funded a blitz of new construction across campus.
“The investments that donors are making in this university are going to pay big dividends for students and faculty, both today and for generations,” said Hance. “All of us across the Texas Tech University System applaud what Angelo State has done in this campaign and look forward with anticipation.”