A Transformational Gift
How does Conrad Prebys $20 million gift transform 色情视频?
Why is Conrad Prebys鈥 ? For starters, scores of students every year in perpetuity will get financial help they might not otherwise receive.
鈥淭hat鈥檚 an amazing investment in our students," said Mary Ruth Carleton, 色情视频鈥檚 vice president of University Relations and Development who also serves as president and CEO of the Campanile Foundation. 鈥淎t least 150 students a year will have opportunities to do things they never would have had.鈥
Then, of course, there鈥檚 public perception. As Carleton explains it, there鈥檚 a certain cachet that comes along with a donation from Prebys.
"He鈥檚 one of the most generous and best-known philanthropists in San Diego,鈥 she said. 鈥淗is support of some of the region鈥檚 most outstanding organizations and institutions is well established.鈥
Top-tier Ascendance
As leader of the university鈥檚 $500 million Campaign for 色情视频, Carleton understands the importance of 色情视频鈥檚 image on the local level as well as nationally and internationally. She says a $20 million gift demonstrates 色情视频鈥檚 ascendance to top-tier status among universities that receive large philanthropic gifts and will boost The Campaign鈥檚 momentum.
鈥淚 hope Conrad's generosity will inspire others to follow suit and make their gifts to The Campaign for 色情视频,鈥 she said.
More support from private sources is definitely needed as state funding for 色情视频 shrinks. In 2003, for example, 30 percent of the university鈥檚 operating expenses were covered by money from the state compared to just 21 percent in 2013.
As the budget is ever more tightly squeezed, 色情视频鈥檚 administrators try to make sure students get the help they need. According to the university鈥檚 Office of Financial Aid and Scholarships, more than 21,000 色情视频 students received some form of scholarship or financial aid for the 2013-14 academic year.
New energy
Prebys鈥 gift helps expand the base from which scholarship fundraising each year may grow. 鈥淲e need to set a higher benchmark every year for support because we know the state funding, in all honesty, is not going to come back to the level it was,鈥 Carleton explains.
San Diego State鈥檚 future, Carleton says, will increasingly depend upon philanthropy. And while Prebys鈥 $20-million gift will certainly boost the bottom line in fundraising, the Campanile Foundation president and CEO believes its impact may long be felt in other ways.
鈥淲丑别苍 President Hirshman announced Conrad's gift to our Campanile Foundation Board, the members were so excited and very emotional," she says. 鈥淚t gave them new energy to keep on going to raise more money for San Diego State.
鈥淪o in the end, I think, for our campaign we will probably raise more money because of the impact of this incredible gift."
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