foundationnews
Stories by Dave Gieseke
No matter how you slice the numbers, the final tallies of the Forever True, For Iowa State fundraising campaign are impressive. Very impressive.
CVM CONTINUES TO SEEK ADDITIONAL SCHOLARSHIP SUPPORT Increasing student support remains a top priority for the college. To spur additional interest in alumni and friends creating new scholarships, $1 million has been designated from the endowment to provide incentives for outright and endowed scholarships. For donors seeking immediate impact through outright scholarships and term awards up to five years, new scholarship funds of $10,000 or more will be matched with an additional 50 cents for every dollar contributed. A $10,000 scholarship will become $15,000. If it’s pledged for five years, $50,000 will be matched with an additional $25,000.
“The historic success of the campaign is a testament to Iowa State University’s powerful impact – providing access to an excellent education, conducting innovative and impactful research, and ensuring science-based resources and programs are widely available through extension and outreach,” said President Wendy Wintersteen. The Forever True campaign raised $1,542,356,968, exceeding its $1.5 billion goal. Just as impressive was the funds raised by the College of Veterinary Medicine. The college raised $97,131,960 or 120% of its $81 million goal. “Thanks to the generosity of our alumni, friends, stakeholders, and corporate partners, the College of Veterinary Medicine will continue to support scholarships, programs, named professorships, facility improvements, and so many other things that are vital to the college’s mission,” said Dr. Dan Grooms, the Dr. Stephen G. Juelsgaard Dean of Veterinary Medicine. The impact of the $97.1 million will be felt for years to come through: • 80 new scholarships for DVM and graduate students
For those who wish to establish an endowed award that will be given to students each year, the endowment will provide “start-up” dollars equal to the first five years of scholarships. These endowments start at $100,000 to earn the incentive funding, which equals four percent annually for scholarship, with the remainder of the gift being invested to preserve the principal and keep pace with inflation. Donors have up to five years to complete their endowment pledge, during which time annual scholarships will be awarded in their names from the endowment. For more information on scholarship gifts and current incentives, please contact Steven Hatting, executive director of development, at shatting@iastate.edu or 515-294-8562.
22 Fall 2021 | Vol. 35 No. 2
• 14 new endowed chairs, professorships and fellowships • Much needed support for research • Contributions that assisted in the new construction, renovation or addition of new equipment for the Veterinary Diagnostic Laboratory, Clinical Skills Lab, classroom space, Fish Tank Lobby, Gentle Doctor Café, wellness and exercise spaces, junior surgery, Veterinary Field Services, and the Stereotactic Radiation Therapy room. The college saw 9,000 donors contribute to the Forever True campaign and the college’s endowment has increased by $60 million in that time period. Over the next few pages, the true impact of the Forever True campaign is highlighted, looking at how students, faculty and staff have benefitted from the generosity of the college’s donors.
