Contact: Patti LaSalle
SMU Public Affairs
(214) 768-7660

 

April 19, 2002

SMU SURPASSES GOAL WITH MORE THAN $532 MILLION RAISED

Executive Summary

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DALLAS -- SMU today announced that its major gifts campaign has raised $532,668,245 to date. Surpassing its $400 million goal, the five-year campaign is the most successful fund-raising effort in the university's history, with the largest goal ever achieved by an institution in North Texas.

Campaign commitments have resulted in 80 new endowments for academic programs, 171 new student scholarships and awards, 28 new campus life initiatives, 16 new academic positions and 14 new or renovated facilities.

Approximately one-third of the campaign gifts are designated for faculty and academic support; one-third for construction, renovation and equipment, most of which are for academic purposes; and one-third for scholarship aid and unrestricted use.

Campaign gifts from more than 40,000 donors came from all 50 states, the District of Columbia and 45 foreign countries. The general campaign was global in scope, and individual campaigns were conducted in Germany, Taiwan, Japan, Panama and Guatemala.

The campaign brought the largest gifts in SMU history from:

  • An individual couple -- more than $35 million from Robert H. and Nancy Dedman for the Dedman Life Sciences Building, the Dedman School of Law endowment and the Dedman Scholars.
  • A corporation -- buildings and land valued at more than $20 million from Electronic Data Systems for SMU-in-Legacy, located in Plano, Texas.
  • A foundation -- more than $20 million from The Meadows Foundation for the new Meadows Museum.

Results of the campaign extend beyond the SMU campus to enrich the region. Among new facilities and centers of special benefit:

  • The new Meadows Museum, with its expanded exhibition space and public programming, houses one of the finest collections of Spanish art outside of Spain.
  • Gerald J. Ford Stadium offers football in a collegiate setting.
  • SMU-in-Legacy offers expanded continuing education opportunities.
  • Dedman Life Sciences Building will advance the region as a center for the health sciences.
  • James M. Collins Executive Education Center will house the Executive M.B.A. program and executive development programs of Cox School of Business.
  • Jerry R. Junkins Electrical Engineering Building will strengthen SMU's ability to educate engineers and technology leaders needed by area industries.
  • Several new academic centers contribute expertise to the region in diverse subject areas, including ethics and public responsibility, politics, Southwest studies, retail industry, e-communications, reading research and advertising.
  • Three new parking facilities, although not funded by the campaign, make the campus more accessible to visitors.

Campaign gifts are providing new endowed faculty chairs in a wide range of academic disciplines, including humanities, history, reading, Jewish studies, politics, journalism, advertising and several fields of business and law.

"Campaign results will enhance SMU's ability to attract a diverse population of top students and professors, contribute research and expertise to the community and society, and advance SMU's position of leadership nationally in higher education," said SMU President R. Gerald Turner. "We will strengthen our total collegiate experience, which includes providing personal attention in small classes, strong academic programs and leadership opportunities."

The regional economy benefits from construction and renovation projects resulting from the campaign. The total estimated impacts of these projects, including those completed, under construction and planned, involve the expenditure of

$290 million and contract opportunities for an estimated total of 2,340 design firms, contractors and suppliers. Most of these organizations are located in the Dallas area. SMU launched its campaign in April 1997 with a goal of $300 million, which was raised to $350 million in December 1997, after plans for a football stadium were added to the campaign, and to $400 million in 1999 because of the campaign's early success.

SMU is a private, comprehensive university located in Dallas. It has an enrollment of about 10,000 students and a full-time faculty of more than 500. SMU offers undergraduate degree programs in Dedman College of Humanities and Sciences, Meadows School of the Arts, Edwin L. Cox School of Business and the School of Engineering. Graduate and professional programs are offered in these schools and in Perkins School of Theology and Dedman School of Law.


The Campaign for SMU: Related Materials


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