Xavier launched the public phase of its Together. For Others. The Campaign for Xavier University at the end of September with a campaign goal of $250 million. Thanks to the generosity of many donors during the campaign's quiet phase, more than 60 percent of the goal has already been achieved.
It’s a good place to be at this point in the campaign, but the public phase of any campaign is in some ways more challenging because it requires a greater number of people to make many smaller gifts.
That's why we need your help more than ever, because in the increasingly competitive world of higher education, this campaign is critical to ensuring Xavier will continue to be a university that future generations of students aspire to attend.
As attendees learned at the kickoff event on Sept. 28, the campaign goals are raising $100 million for the endowment, $80 million for the Annual Fund and $70 million for capital construction projects.
The endowment, which now stands at $169 million, is perhaps the most urgent part of the campaign. Endowment dollars are more permanent funds that provide additional resources outside of our normal operating budget. They help us to sustain our values through the creation of new programs for unique learning experiences and endowed chairs and professorships that bring in the best scholars. Nothing is more critical to sustaining Xavier's mission.
The Annual Fund is also an important and ongoing source of revenue that provides critical operational support to the University, including the scholarships and financial aid that many of our students need.
Finally, we are committed to maintaining and upgrading our physical structures, including the Cintas Center, where major improvements to the arena are enhancing the student-athlete and fan experience.
But perhaps the most visible piece of this campaign is the Health United Building, opening in fall 2019. The HUB, as it’s called currently, will usher in a new way of providing a health-conscious experience for our students by bringing health-related academics, a health and wellness clinic, and a new recreation center together under one roof.
Many of those who have already contributed to the campaign were among more than 300 people who attended the kickoff event in the Cintas Center. Guests enjoyed a reception while walking through the Xavier Time Tunnel on the Cintas Concourse. The tunnel allowed guests to experience the transformation of Xavier made possible by the gifts of many over the years into the modern campus of today and encouraged them to imagine the Xavier of the future.
During the dinner and program, emceed by Xavier alumnus Damon Jones, guests were treated to a presentation that included a campaign video and statements from a current student and the three college deans. President Michael Graham, S.J., ended the evening by challenging the Xavier community to come together to support the campaign.
“We can strengthen our future together,” was his message for the evening. It ties in with the campaign theme, “Together. For Others,” that reflects the idea that we will secure Xavier’s tradition of challenging academics and Jesuit values for future generations, enabling us to do more for each other and the world.
Thank you for supporting Xavier University. We're glad you are on this journey with us. Please join us in doing more at xavier.edu/togetherforothers.