MSU Boosts Fundraising Goal to $1 Billion by 2020 | Jackson Free Press | Jackson, MS

MSU Boosts Fundraising Goal to $1 Billion by 2020

STARKVILLE, Miss. (AP) Mississippi State University is raising the goal of its current fundraising drive to $1 billion by 2020.

The university started seeking donations for the "Infinite Impact" campaign in 2010, publicly announced it in 2013, and has now reached the original $600 million goal that was initially targeted for 2018. President Mark Keenum announced the new goal Thursday.

"Now it's time to raise the bar even further in our journey to become one of the nation's leading research universities," Keenum said in a statement.

Vice President of Development and Alumni John Rush says the campaign is helping the school recruit higher-performing students and faculty. He said university officials decided to continue because it's a good way to entice people to give money for the first time, hopefully converting them to lifetime donors.

"You've got great excitement, you've got great things going on and you want to keep that going," Rush said, saying some other universities are stretching out capital campaigns to 10 years long, as MSU's would be, to reach a $1 billion goal.

So far, donors have funded an additional 400 endowed scholarships across the 21,000-student university, boosting the total to 1,450. Donors have also doubled the number of endowed faculty positions to 79. MSU has also used $78 million in donations to pay for campus construction and equipment.

Among the largest donors to the campaign so far are Texas residents Tommy and Terri Nusz, who announced in 2013 that they were giving $12.3 million to MSU to support engineering, military veteran programs, veterinary medicine, sports and teacher preparation.

Copyright Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Support our reporting -- Become a JFP VIP.

The news business has changed dramatically in the past year, and we need your help more than ever to keep bringing you important stories about Jackson and the Metro. Become a JFP VIP with an annual membership or you can Sign up as a monthly supporter. Thanks for anything you can do to empower our journalism!

Comments

Use the comment form below to begin a discussion about this content.

comments powered by Disqus