Posted: Nov 12, 2010 3:04 PM by Russell Jones
Source: Louisiana State University
BATON ROUGE – LSU leaders and alumni gathered to celebrate the end of the school’s most ambitious fundraising effort to date, and call on the state’s government to continue their support of the school.
Organizers of the LSU Forever campaign said they had collected around $753 million in private donations since the effort began in 2006, as well as $34 million in state matching funds.
“This is an unprecedented show of support from LSU alumni and supports at a time when we face the prospect of unprecedented budget cuts,” said Congressman Henson Moore, chairman of the Forever LSU Campaign.
He also warned these donations showed that alumni expected the state to do its part keeping the school intact through next year’s impending budget crisis.
“Their contributions are not a substitute for the basic budget support LSU needs from the state,” Moore said. “By law, contributions can only be used for the purpose for which they were intended by the donor.”
Organizers say since the campaign began, contributions to Forever LSU have enabled the school to create 426 professorships, 38 chairs and 794 endowed scholarships.
It also led to several major capital projects like the Shaw Center for the Arts, the new business complex and a new band hall, as well as construction of a new athletics complexes and new baseball and softball stadiums.