WEB EXCLUSIVE! See the Honor Roll of Donors
When a university needs to take the next step forward in its evolution, the traditional method is with a capital campaign. With the opening of its new School of Business building, Robert Morris University announces its own $40 million fundraising effort, along with some good news–the university is already most of the way to the finish line.
Under the leadership of David Malone, the Board of Trustees capital campaign cabinet and the university’s office of institutional advancement have raised $36 million in the “Changing Lives, Building Futures” campaign.
Donors at all levels of the philanthropic spectrum have put RMU in position to plan and carry out major projects and programs, including the new business building and future homes for the schools of nursing and communications and information systems. Four years ago, the university had only 10 donors of $100,000 or more; now it has nearly 40. Where RMU formerly had fewer than 30 donors of between $10,000 and $100,000, it now has almost 120. A $5 million grant from the R.K. Mellon Foundation and $10 million from the Pennsylvania Redevelopment Assistance Capital Program have rounded out the fundraising effort.
“This has been the largest, most successful comprehensive capital campaign in the 90-year history of the university,” says Jay Carson, senior vice president for institutional advancement. “And it was done quickly, especially given the volatility and uncertainty of the market over the past few years.”
Carson attributes much of the success to Malone’s high energy, which he said is not always the case for a busy executive working in a voluntary trustee position. That enthusiasm radiates out to others on the Board of Trustees, many of whom have made their biggest gift ever to the university in recent years, Carson said.
Malone turns credit back on the institution he serves. “It is no secret that the economy has forced donors to be highly selective with respect to their philanthropic initiatives,” he says. “The success we have had is reflective of the region’s positive opinion of the entire RMU community. The administration led by Dr. Dell’Omo, the staff, and most importantly, the performance of our students, have received high marks from our contributors.”