Volume 95, Issue 18

Tuesday, October 2, 2001
 
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NEWS

Engineers, UWO in boozefest battle

Students politicos clamour for BOG seats

Jackpot! $200 mil. raised

Brown: "Waterloo still sucks"

Expert: Microsoft's guilt unclear

University means money

Hate crimes and drunks keep coppers busy

News Briefs

Jackpot! $200 mil. raised

By Kristina Lundblad
Gazette Staff


It's only been one year, but Campaign Western has already surpassed the $200 million mark and still has three years left to reach their final $270 million goal.

"Don't associate this success with dollars. Our volunteers have been second to none in helping us reach our goal," said Western president Paul Davenport at a media conference on Friday.

"We now have confirmed gifts of over $205 million," said Bill Brock, chair of Campaign Western, adding the amount is 76 per cent of the $270 million Western aims to raise by May 2004.

"Last fiscal year, we raised $57 million in cash and pledges, which is the largest revenue in fund-raising that Western has ever raised in a single year.

"We are still seeking the support of alumni, friends, corporations and foundations to help us meet and, hopefully, exceed our goal," Brock said.

University preschool director Mary Lou Vernon was on hand at the media conference to thank Dr. Mary Wright for her $500,000 endowment to the preschool.

Mathematics professor Peter Poole thanked Compaq Canada Inc., a major benefactor to their department. Compaq Canada Inc. and Western co-invested $1.6 million to establish the Compaq-Western Centre for Computational Research.

"[Compaq] has allowed us to think faster than anyone in the country. This allows us to lead," he said.

Poole explained this money was not only about the material donation. "We now have a partnership between researchers and the private sector. Working together lets everyone win," Poole said.

Gord Hume, from the City of London's Board of Control, spoke on behalf of the city.

London will provide Western with a total of $10 million – $1 million a year over the next ten years starting this year – to fund building projects, he said.

"In my opinion, when Western invests to make this a better university, it makes London a better community. I believe this with all my heart," he said.

Campaign Western's fundraising is a "shining accomplishment," he added.

"Our university is blessed in so many ways – blessed by our donors and staff, faculty and students who are representative of why this university is so worthy of this support," said Carol McAulay-Weldon, chair of Western's Board of Governors.




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Copyright The Gazette 2001