Georgia Tech Alumni Magazine Vol. 74, No. 01 1997

Page 16

CAPITAL CAMPAIGN

Student Services Named for Smithgall Alumni entrepreneur is among Tech's most ardent supporters By Hoyt Coffee

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ecognizing years of service and millions of dollars in donations to the Institute, on May 2 Georgia Tech named the Student Services Building in honor of Charles A. Smithgall Jr. "Charles Smithgall is one of Tech's great alumni," President Wayne Clough said. "He was an active participant in campus activities as a student, including working for WGST, then our on-campus station. Using his native intelligence and his Tech experiences in the classroom and out of it, he became a highly successful radio and newspaper entrepreneur. "Charlie then became one of those special people who decide to share the rewards of their lives to support notable causes, including helping establish a nature preserve

in Georgia and funding a range of institutional initiatives at his alma mater, Georgia Tech." Smithgall, BS '33, made a $5 million, unrestricted donation to the Campaign for Georgia Tech, the latest gift in a history of generosity

to Tech. During the Centennial Campaign, Smithgall made a substantial anonymous gift. He has financially supported the Ivan Allen College, and he has donated to the annual Roll Call for more than 40 years.

$200 Million for Tech Capital Campaign reaches halfway point; 37 gifts of$l million or more

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eorgia Tech's Capital Campaign effort to raise $400 million by the year 2000 has passed the halfway point. "We have reached the $200 million mark," Campaign Vice Chairman Larry Gellerstedt Jr. told about 500 Georgia Tech supporters, including members of almost 30 advisory boards and new President's Scholars, at the annual Advisory Boards Day on May 2. "We know there is a public out there that believes in what's happening at Georgia Tech," Gellerstedt said. "And we have the facts and figures to show that the money is being well spent." In its fundraising effort, Georgia Tech has secured $17.3 million for student support, $32.1 million in faculty support and development, and $69.3 million toward its endowment growth. Gellerstedt said $104 million of the $200 million

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G E O R G I A T E C H • Summer I W

has already been recorded and is at work for the Institute. There have been 37 gifts and commitments of $1 million or more, he said.

Campaign highlights V $20 million commitment from Tom DuPree Jr., for the naming of the Tom DuPree School of Management. V $5 million endowment pledge for the naming of the Parker H. "Pete" Petit Institute for Bioengineering and Bioscience. V $5 million contribution from Charles A. Smithgall Jr. and the naming of the Student Services Building in his honor. V $1 million commitment from Jeanne Ferst in honor of her late husband for the naming of The Robert Ferst Center for the Arts. V The establishment of 14 new endowed chairs.


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