https://uab.edu/give/campaign/component/...lfway-mark
Quote:We are incredibly grateful to the many individuals, organizations, and businesses that have made transformational gifts to The Campaign for UAB. Since the public announcement last October, we have received significant gifts of $1 million or more. Among them are gifts from the Anderson family, Charles and Patsy Collat, Mayer Electric and the Mayer Electric Foundation, Gail and Jeffrey Bayer, Children’s of Alabama, BBVA Compass, the Daniel Foundation, James C. Lee III, Buffalo Rock, the EyeSight Foundation of Alabama, Gillian and Mike Goodrich and the Goodrich Foundation, the late Caldwell Marks, Mr. and Mrs. C. Phillip McWane, Peter Grammas, Aloyis Sonneborn, Medical Properties Trust Inc., the Robert R. Meyer Foundation, O’Neal Industries, Inc., Protective Life, Research to Prevent Blindness Foundation, Susan and Dowd Ritter, and Julie and Jim Stephens, to name a few.
Was there a time frame on when we wanted to hit $1 billion?
Wondering if we were ahead of schedule or not.
This is all the article had on that point -
"The public phase of the Campaign launched in October 2013 and will run through 2018. Online contributions since the Campaign launch have surpassed total online gifts from the entire previous fiscal year."
Based strictly off of that time frame, we would be ahead of schedule.
Of course you could not assume a steady amount of money in the future as you have received up until this point. At some point the dollar total coming in has to diminish.
I would assume as well that diminishing returns would start at some point w/ the big money all given up front & it's then up to the "$2 bettors" to fill in the rest w/ the off chance of another gift in another year from big money people
If we've gotten half way in less than a year, I'd say we'll finish in another 2. If the OCS is in anyway connected to this (50% funding), then we'll have a stadium in the next 5 years. Screw you UATBOT.
I seem to recall that quite a bit of money had already been raised at the time the campaign was announced and that money was applied toward the campaign, making the contributions seem skewed and front-loaded. Anyone remember this and have more info?
I'm pretty sure they had most of what they're up to when they went public, like $400 million+
Leave it to Blazer talk to find a way to put a negative spin on this
(07-16-2014 08:39 PM)BlazerGrad88 Wrote: [ -> ]I seem to recall that quite a bit of money had already been raised at the time the campaign was announced and that money was applied toward the campaign, making the contributions seem skewed and front-loaded. Anyone remember this and have more info?
(07-16-2014 10:00 PM)Smaug Wrote: [ -> ]I'm pretty sure they had most of what they're up to when they went public, like $400 million+
In most college fund drives - the non public/private drive is the most important part. Typically you expect to raise at least two thirds during this early period.
The good news part on this drive is that the early pledges are to be used to couple(match) with medical related late corporate donors - as an example say "toe" cancer research fund if you give ten million to UAB will pledge ten million for that type of research. So it is hoped the big donations are not yet done
The bad news for some on this board it is intended for scholarship, faculty endowments and research funds - not for facilities in general nor athletic facilities. But Remember research dollars (indirect overhead) is what funds athletics
It will take a while to reach the goal. Usually the last few million are the hardest because you already have had the big donors step up. I'm optimistic it will be reached but not in the next year for sure.
(07-16-2014 10:00 PM)Smaug Wrote: [ -> ]I'm pretty sure they had most of what they're up to when they went public, like $400 million+
Should have waited until they had 999 million collected before they started the drive. Then they could have announced a successful drive in about a week.
Bean. Some of this money will be used on Athletics. (Will be a drop in the bucket compared to what we are raising) The University will be announcing some (not all initially) of the projects that this money will be used for sometime in August. More will come out before the end of the calendar year.
No OCS at this time but I am confident most reasonable folks will be happy with the projects over the next two years for Athletics.
(07-20-2014 11:05 AM)ATTALLABLAZE Wrote: [ -> ]Bean. Some of this money will be used on Athletics. (Will be a drop in the bucket compared to what we are raising) The University will be announcing some (not all initially) of the projects that this money will be used for sometime in August. More will come out before the end of the calendar year.
No OCS at this time but I am confident most reasonable folks will be happy with the projects over the next two years for Athletics.
I was aware of several well needed projects are in the works for the next few years for athletics. I was not aware that the funding was from this fund drive. I fact I had been told that they had been broken into smaller individual projects to avoid the necessity of ether bonds or fund raising needed for larger project
I hope your sources are right. In fact the whole old wish list for athletics has 20 million left which would be a "drop" out of a billion
I got a call yesterday from a dental student about the campaign. They need to educate these students on how to beg effectively. I felt like I was talking to a telemarketer from Mumbai.