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Five-Year Capital Campaign Surpasses $100 Million Goal

August 20, 2001

[ OWU Campaign Logo ]DELAWARE, OHIO -- Ohio Wesleyan not only met but surpassed the $100 million goal of its five-year capital campaign, The Campaign for Ohio Wesleyan University, which concluded this summer as planned. A total of $105.1 million was raised, of which $90 million -- an unprecedented amount -- is cash-in-hand.

The Campaign was heavily focused on endowment, and nearly $50 million was added to OWU's endowment over the length of the Campaign.

"A driving force behind The Campaign for Ohio Wesleyan University was the importance we placed on strengthening the endowment," says OWU President Tom Courtice, who remembers "the mere three years ago when we formally launched The Campaign for Ohio Wesleyan University under the stars at nearby Perkins Observatory." There is, he explains, "no greater need than for us to grow, manage, and regenerate those [endowment] funds. Other important needs of the college change from time to time, but nothing is as constant in terms of building a base for future growth."

The two other Campaign components featured campus facilities enhancement and increased support through enhanced giving to the Annual Fund, for improved financial aid and scholarships. Enhancement of facilities included the exciting creation of the Sandusky StreetScape. Integral to this development was the integration of the former student union, now the newly renovated R.W. Corns Building, into the hub of college life, by housing the economics department; Woltemade Center for Economics, Business and Entrepreneurship; information systems; and the Sagan Academic Resource Center together. The StreetScape project also features a greatly enhanced Edgar Hall, home for parts of OWU's fine arts department. The building will be dedicated in October.

Yet another gemstone of The Campaign for Ohio Wesleyan University is the 7,000-square-foot Wellness Center, located within the stately student dormitory, Stuyvesant Hall, on OWU's northwest campus. It is comprised of the Mary Hanlon Moore Health Center, the Edwin G. Beal Health Center Lobby, the Arthur A. Belt Fitness Center, and classroom space designed for wellness-related programs and presentations.

In addition, alumni, parents and friends of OWU helped increase the Annual Fund by 20 percent during the span of the Campaign.

"The Campaign for Ohio Wesleyan University provides a financial foundation that will help us determine and follow an exciting course for the next century," says Courtice. "The need to provide a base for continual progress, quality growth, and recognition in the world of higher education depends on our ability to move forward as we are doing to secure our place in the fabric of higher education."