The University of Michigan-Flint today announced a milestone in its Victors for Michigan-Flint capital campaign.
Through March 2016, more than $33 million dollars has been committed to the university during the fundraising campaign—83 percent of the $40 million goal.
The announcement comes five months after the public phase of the campaign was announced in October 2015. At the time, the university had raised $16.7 million in gift commitments.
“This is a great success story for the university,” said Chancellor Susan E. Borrego. “The generosity of our alumni, faculty and staff, local foundations, and other friends reflects the pride, enthusiasm, and trust that our community has in the University of Michigan-Flint.”
A major goal of the campaign is increased funding for student support. To date, almost $3 million dollars were raised for both merit- and need-based scholarships, and nearly 60 new donor-funded scholarships were created to support UM-Flint students. An additional $4.25 million was pledged to UM-Flint as planned giving such as bequests and estate plan gifts.
“This increased student support, combined with a top-notch Michigan education, places UM-Flint in a great position to attract the region’s best and brightest students,” said Kristin Lindsey, vice chancellor for University Advancement. “Campaign gifts are already funding scholarships, professorships, and campus upgrades and additions, which help the university to serve its students, its statewide mission, and Flint and the surrounding community.”
The majority of gifts to the campaign range in value from less than $20 to $1,000, but the recent donation of the Riverfront Residence Hall & Conference Center by the Uptown Reinvestment Corporation, with help from the Charles Stewart Mott Foundation, is believed to be the largest single donation ever to UM-Flint.
The building is valued at $15.5 million, can house about 500 students, contains the largest conference center in Genesee County, and is home to UM-Flint’s School of Management.
About the University of Michigan-Flint’s Victors for Michigan Campaign
The Victors for Michigan-Flint capital campaign is a multiyear effort that seeks to raise $40 million or more in private philanthropy to increase student support, advance UM-Flint’s academic priorities, and expand its positive impact on the community.
The Office of University Advancement’s mission is furthering the University of Michigan-Flint and fulfilling the aspirations of those it serves. The university’s dedicated contributors fund a broad array of needs, from student scholarships, breakthrough research, community outreach, and the highest-quality education.
For more information about giving to the campaign, visit the Victors for Michigan-Flint website.
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Bill is a communications specialist in the Office of University Communications & Marketing.