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FOR IMMEDIATE RELEASE
Thursday, Nov. 14, 2002
Sheryl Lichtig Wyan
Office of Communications
(209) 724-4408
e-mail: sheryl.lichtig@ucop.edu
Private Giving to UC Merced Builds Momentum
in 2001-02
Gifts and Grants to New Campus Exceed $22 Million for Fiscal
Year
ATWATER, CA. --- The University of California,
Merced experienced a remarkable demonstration of private support
during 2001-02, receiving more than $22 million in gifts and grants
to further development of the 10th UC campus. This figure represents
a 440 percent increase in private giving from the previous year
and critical funding for the first UC campus in the San Joaquin
Valley.
For UC Merced to receive this level of
giving from individuals, private industry and foundations before
the main campus opens is extraordinary and overwhelming, said
Chancellor Carol Tomlinson-Keasey. The generosity of supporters
of UC Merced and the San Joaquin Valley speaks to their strong desire
to help make this campus a reality. In return, we are committed
to building a premiere research university for the 21st century,
creating new knowledge in areas of critical importance and providing
our students with an educational experience of the highest quality.
Led by a grant from the David and Lucile Packard
Foundation exceeding $12 million, this record year attracted commitments
to fund scholarships, capital projects, library resources and four
endowed chairs, increasing the total to13 endowed chairs by the
end of the fiscal year. The award from the prestigious Packard Foundation
has permitted acquisition of lands and habitat to develop the UC
Merced campus, a natural reserve on campus and a preserve to protect
sensitive vernal pool habitat, as well as funding for a scholarship
endowment to benefit San Joaquin Valley students.
The Modesto-based E&J Gallo Winery tops the
list of corporate benefactors, with a $5 million founding gift for
a school of management to be named in honor of company founders
Ernest and Julio Gallo. The school will focus on cutting-edge business
research and establish extensive global linkages with leading corporations
in a variety of industries.
Another leading corporate donor, the Wells Fargo
Foundation, has established a $1 million scholarship fund for San
Joaquin Valley students enrolling at UC Merced. The fund will be
divided between entering freshmen and students transferring from
community colleges. SBC Pacific Bell also has created a scholarship
fund to benefit high-achieving engineering students.
Several individuals and families have made generous
donations to begin scholarship funds for future UC Merced students
as well.
Providing major support for on-campus facilities,
Joseph Edward Gallo has donated $2 million for a recreation and
wellness facility to bear his name. The founder of Joseph Farms
in Merced County, he is considered a pioneer in Californias
thriving cheese industry.
Members of the UC Merced Foundation Board of
Trustees continue to make considerable contributions to campus development,
which in the 2001-02 fiscal year included funding of two endowed
chairs at the $500,000 level. Trustee Tony Coelho, a former U.S.
Congressman, committed an endowed chair in public policy and Trustee
Krishna Thondapu, M.D., and his family funded an endowed chair as
well. The Thondapu family of Merced also hosted a fund-raising event
to support special collections for the campus library. Trustee Anthony
Allegretti and his business partner Robert Schmitz, owners of the
local Merced Sun-Star newspaper, donated a chair in mass communications.
An additional endowed chair, a Presidential Chair with an academic
focus to be determined at the UC Merced Chancellors discretion,
was committed by the UC Office of the President.
Endowed chairs and professorships at UC Merced
will facilitate the hiring and retention of outstanding faculty,
who will ensure excellence in teaching and research. Income generated
by the endowments provides a continuing income flow to fund the
research of faculty members appointed to fill these positions.
With the guidance of several Trustees, volunteer
supporters of UC Merced have formed the Chancellors Associates,
a group dedicated to raising discretionary funds for the Chancellor
to apply toward critical projects not eligible for state funding.
Sixty members had joined the organization by fiscal years
end, with a total of 120 members at the start of November 2002,
each committing to a $1,000-per-year, tax-deductible contribution.
UC Merced, the first American research
university to be built in the 21st century, currently employs more
than 100 educators and professionals and will grow to serve 25,000
students over the coming decades.Expected to open in fall 2004,
the campus held its official groundbreaking on October 25, 2002.
In addition to campus, UC Merced will use digital technology to
create an educational network that serves students and communities
throughout the San Joaquin Valley. The University currently operates
educational centers in Bakersfield, Fresno, and Merced, with a fourth
center planned for Modesto.
Current donor list
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