By UCF Today
ORLANDO, Fla. (Sept. 16, 2016) — Before a crowd of nearly 600 top donors, the University of Central Florida celebrated the public launch of a $500 million fundraising campaign on Sept. 16 supporting students, faculty members and special projects such as UCF Downtown.
The IGNITE campaign, the largest in UCF’s history, started in 2011 and seeks to reach the $500 million milestone by June 2019. More than 66,000 people have contributed $274.3 million to date, with much of the support coming from the generous benefactors invited to Friday’s gala.
“It shows an outpouring of support for the university that’s really going to help move us forward in the years ahead,” President John C. Hitt said. “I want to thank each of the donors very sincerely from my heart of hearts for their generosity.”
Philanthropy is critical to the university’s vitality and impact in the community. Investments in students, faculty and game-changing projects lift Central Florida’s economy – in everything from hospitality to medicine – and transform lives and families across our region.
The IGNITE campaign supports three priorities:
- Student success, including scholarships, study abroad and career readiness
- Academic excellence, including efforts to recruit and retain top faculty members
- Special growth and opportunity projects
Gifts recognized at Friday’s gala include:
- A $7 million gift from Dr. Phillips Charities for UCF Downtown increases total community support for the campus to $21 million. This means UCF can now access the $20 million in state funding to construct a new academic building for about 7,700 UCF and Valencia College students.
- A $1 million gift from Jim Rosengren,’81, supports UCF RESTORES, a clinic directed by UCF psychology professor Deborah Beidel that successfully treats military veterans and active duty personnel with post-traumatic stress disorder – and provides that treatment for free. Rosengren is a disabled veteran who began his 23-year career as an Army medic, and his son served two tours in Iraq and returned home with PTSD.
- Hundreds of engineering students will be able to use industry-standard product design and manufacturing software thanks to a major in-kind grant from Siemens. The software, with a commercial value of $68 million, is used in more than 140,000 global companies involved in the design and manufacturing of sophisticated products for energy and power generation, automotive, aerospace, machinery and high-tech electronics.
- A $1 million gift from Glenn Hubbard, ’79, establishes the Kenneth White and James Xander Professorship in Economics. Hubbard is dean of the Columbia Business School, and he previously was an advisor to President George W. Bush and the Federal Reserve. He grew to love economics as a UCF student thanks to classes with White and Xander, two professors who inspired him.
- A $5 million gift from Gregory Elias, a Curacao-born lawyer and businessman, establishes the Gregory Elias Entertainment Management Program, a partnership between the Rosen College of Hospitality Management and College of Arts and Humanities
- A $1.5 million gift from John Euliano will help UCF expand and renovate the baseball stadium. A Winter Springs resident, Euliano has a family connection to UCF and a long-time love for baseball. The expansion will include a 300-seat premium club section that will include outdoor seating and an air-conditioned lounge.
The university also honored Orlando hotelier and philanthropist Harris Rosen for his lifetime of giving to UCF. In addition, Harris Corporation and Texas Instruments were recognized for their support for the College of Engineering and Computer Science.
The campaign chair is Rick Walsh, a 1977 graduate and former chair of the UCF Board of Trustees.