Welcome to Fundraising Friday: AB Today's weekly digest of recent developments in development:
University of Tulsa athletic director Rick Dickson announced July 2 an anonymous gift from former letter-winners of $30 million to its Athletics Endowment Fund. The donation serves as the cornerstone for the fund, which has a goal of endowing the cost of attendance for scholarship student-athletes in perpetuity. Just two days later, Dickson announced an $8 million estate gift from the late Tom and Betty Johnston. As reported by Inside Tulsa Sports, this gift is earmarked for the development and enhancement of University of Tulsa athletic facilities.
On Wednesday, the University of Michigan athletic department announced that it has received a $7 million gift from the Monroe-Brown Foundation in support of facilities, resulting in the renovation of the players' locker room in Schembechler Hall, which will now be formally named the Robert J. Brown and Robert M. Brown Sr. Locker Room. Robert J. Brown and Robert M. Brown were the first father-son duo to be named Michigan football team captains in the program's storied history. The gift will also be utilized to support ongoing maintenance requirements and long-term infrastructure needs.
The Oregon Institute of Technology Foundation received a $1 million lead donation from Glen and Sherry Thomet to launch fundraising efforts to build an athletic field house at the Oregon Tech Klamath Falls campus, according to the institute's announcement Monday. At an estimated cost of $3.5 million, the athletic field house project includes an 8,500-square-foot building that will be constructed adjacent to the athletics building and will provide an all-season practice and workout facility for student-athletes, as well as serve as a site for community events, health and wellness programs, and academic health science and technology programs.
The Shrewsbury (Mass.) High School Committee voted unanimously in June to accept a $62,000 donation from the school's Athletic Boosters Association that will allow for the SHS weight room to be renovated for the first time in 21 years, the Community Advocate reported. Located adjacent to the SHS field house, the facility is used by athletes, as well as SHS students during physical education classes.
Total amount of these gifts:
$46,062,000
