Release Date: Sept. 23, 2010
ASU Announces First Capital Campaign
Angelo State University announced the first capital campaign in the history of the institution Wednesday, Sept. 22, during a kickoff dinner that attracted alumni, donors and friends of ASU and the Texas Tech University System (TTUS) to campus.
TTUS Chancellor Kent Hance and ASU President Joseph C. Rallo provided the first public details of the “Campaign for Angelo State University,” including ASU’s $25 million goal, during the kickoff dinner. Former ASU athletic director Phil George spoke on the importance of supporting Angelo State through the campaign.
“A formal capital campaign,” said ASU President Rallo, “is a sign of maturity for a university. This capital campaign reflects not only our maturity, but also our vision for the future of Angelo State University. Those who join us by donating to the fundraising campaign will help us realize that vision and provide for a solid future for ASU.”
The ASU campaign is part of a larger, billion-dollar system-wide campaign announced by Chancellor Hance to benefit Texas Tech University and Texas Tech University Health Sciences Center as well.
Hance said, “This will be the largest fundraising effort in the history of Angelo State University. As the university continues to grow and reach key milestones, this campaign greatly supports our efforts to provide each student with the best academic opportunities in higher education.”
The capital campaign will raise funds to support multiple ASU programs and initiatives in service to the region and the state. The fundraising efforts will touch all programs at the university with a focus on three signature programs: nursing, teacher education and agriculture. Each signature program addresses significant needs and opportunities in West Texas.
Rallo said the fundraising campaign is timely because of the momentum and enthusiasm the university is building through record enrollments and increasing national recognition, such as inclusion in Princeton Review’s “Best 373 Colleges” nationally for 2011.
Additionally, the need for broader financial support for university programs and initiatives is growing as the percentage of the ASU budget that comes from state support declines.
“Philanthropy will play an important role in helping us secure the future we envision for ASU,” Rallo said.