The unofficial online home for fans of the UAB Blazers. Part of Collegiate Sports Nation (CSN).

Total as of September 30, 2013:

$424,043,880

68,233 donations

That's nuts. They're halfway there, $40 million more than they raised in total over the last campaign, and they just now announced it publicly

(10-25-2013 10:24 AM)mixduptransistor Wrote:  That's nuts. They're halfway there, $40 million more than they raised in total over the last campaign, and they just now announced it publicly

Exactly my thoughts. Naturally you would expect to get the most money early in the campaign, but we're not even into 2014 yet of a campaign that is supposed to last until 2018. I hope we smash our goal of $1 billion.

(10-25-2013 10:28 AM)Blazer85 Wrote:  

(10-25-2013 10:24 AM)mixduptransistor Wrote:  That's nuts. They're halfway there, $40 million more than they raised in total over the last campaign, and they just now announced it publicly

Exactly my thoughts. Naturally you would expect to get the most money early in the campaign, but we're not even into 2014 yet of a campaign that is supposed to last until 2018. I hope we smash our goal of $1 billion.

I don't think the remainder of the campaign will go quite so quickly. the tail will get longer and longer, but I do expect them to break through. they wouldn't have set the goal if they didn't think they could make it

(10-25-2013 10:30 AM)mixduptransistor Wrote:  

(10-25-2013 10:28 AM)Blazer85 Wrote:  

(10-25-2013 10:24 AM)mixduptransistor Wrote:  That's nuts. They're halfway there, $40 million more than they raised in total over the last campaign, and they just now announced it publicly

Exactly my thoughts. Naturally you would expect to get the most money early in the campaign, but we're not even into 2014 yet of a campaign that is supposed to last until 2018. I hope we smash our goal of $1 billion.

I don't think the remainder of the campaign will go quite so quickly. the tail will get longer and longer, but I do expect them to break through. they wouldn't have set the goal if they didn't think they could make it

+1

One of the more unusual contributions thus far: $250,000 (money recovered by Facebook from spammers) donated to UAB's cyber crimes technology group

(10-25-2013 10:46 AM)Blazer85 Wrote:  One of the more unusual contributions thus far: $250,000 (money recovered by Facebook from spammers) donated to UAB's cyber crimes technology group

That's weird, and also kind of telling. They got that money quite a while ago. It's actually already been spent. That's one way to hit such a high number. They also got that money for doing something, they solved a virus problem that Facebook had. It wasn't just a flat out donation.

(10-25-2013 11:03 AM)mixduptransistor Wrote:  

(10-25-2013 10:46 AM)Blazer85 Wrote:  One of the more unusual contributions thus far: $250,000 (money recovered by Facebook from spammers) donated to UAB's cyber crimes technology group

That's weird, and also kind of telling. They got that money quite a while ago. It's actually already been spent. That's one way to hit such a high number. They also got that money for doing something, they solved a virus problem that Facebook had. It wasn't just a flat out donation.

Yeah...if that's included...I don't trust this number at all.

The $420+ million is essentially from the silent phase of the campaign. This isn't unusual compared to other universities. Emory, for example, had their "silent phase" of their campaign ongoing for something like 3 years prior to their public launch.

I wonder if the money that was pledged for the stadium is also a part of this number?

(10-25-2013 11:15 AM)Blazer85 Wrote:  The $420+ million is essentially from the silent phase of the campaign. This isn't unusual compared to other universities. Emory, for example, had their "silent phase" of their campaign ongoing for something like 3 years prior to their public launch.

Right, but the Facebook money was more of a grant than a donation. Are they basically counting every dollar of tax deductible money they received in the past three years? The Facebook money is at least a year old, if not older. How much money does UAB take in via donations in a normal 6-8 year period?


Edit: As a matter of fact the Facebook grant is exactly a year old: http://www.uab.edu/news/latest/item/2839...rime-group

(10-25-2013 11:30 AM)ICB Wrote:  I wonder if the money that was pledged for the stadium is also a part of this number?

Stadium? What stadium? (sorry, "CB4029", I couldn't resist!)

Listen y'all... We shouldn't care how they calculate it. Once they reach their 1 billion, then spending $70-$80 on athletics will "appear" negligible to the public. I know this isn't all about athletics, but from that prospective, reaching $1 Billion is a great thing regardless of how they calculate it.

If they're actually damn near halfway there, then the chances of them reaching this number before 2018 are pretty good, I'd think. Great for the institution as a whole, and I'm alright with that, but since there's no stadium mention in the master plan, then, it is what it is, a billion dollars is a hell of a lot of money to raise, and not be able to spend a portion of it on something you want for your campus and athletic program without fear of ruffling political feathers, is a damn shame...By the way, speaking of new stadiums, congratulations to Baylor and Tulane on the on-going, current construction of their new facilities.

(10-25-2013 11:50 AM)ICB Wrote:  Listen y'all... We shouldn't care how they calculate it. Once they reach their 1 billion, then spending $70-$80 on athletics will "appear" negligible to the public. I know this isn't all about athletics, but from that prospective, reaching $1 Billion is a great thing regardless of how they calculate it.

I'd prefer they not have to use accounting methods from the Richard Scrushy School of Business.

True that. I'd rather see hard numbers.

Birmingham Business Journal: By the numbers: UAB fundraising campaign
http://www.bizjournals.com/birmingham/ne...paign.html

Those numbers aren't exactly promising if you expect big athletics things out of this. 10% of $1 Billion is $100 million for facilities. There are already $150 million worth of projects announced or in progress. (HUC, new dorm, research "crescent", new Heritage Hall 2 building)

Even if the OCS was still on the table (which I don't believe it is), having to endure 5 more years(that's the number I keep hearing many talk about this subject throw out there) of "Lesion" Field is a severe handicap on this football program's endeavor to grow and compete on the same level as other Conference USA teams, & a hell of a lot to ask an already agonized and traumatized fan base to accept, yet at the same time, are being asked to contribute to a billion-dollar campaign with no clear cut, in-your-face indication that the athletic program (particularly football) is going to benefit substantially in any way shape or form...Meanwhile, Tulane and Baylor are building their OCS's...SMH...

This like almost any fund drive the resulting spending will be based on what the donors specified. Athletic donations are an option.

I would expect UAB athletics to receive ONLY what is donated for that purpose. To expect this administration with the current priority on research to divert monies pledged to academics to athletics much less directly to an OCS is a fantasy . So it is up to us to raise the money.

(10-25-2013 12:09 PM)mixduptransistor Wrote:  

(10-25-2013 11:50 AM)ICB Wrote:  Listen y'all... We shouldn't care how they calculate it. Once they reach their 1 billion, then spending $70-$80 on athletics will "appear" negligible to the public. I know this isn't all about athletics, but from that prospective, reaching $1 Billion is a great thing regardless of how they calculate it.

I'd prefer they not have to use accounting methods from the Richard Scrushy School of Business.

(10-25-2013 01:46 PM)mixduptransistor Wrote:  Those numbers aren't exactly promising if you expect big athletics things out of this. 10% of $1 Billion is $100 million for facilities. There are already $150 million worth of projects announced or in progress. (HUC, new dorm, research "crescent", new Heritage Hall 2 building)