The College of St. Scholastica is ending its Imagine Tomorrow fundraising campaign six months early after raising $34.6 million.
That’s $3.6 million more than the campaign’s goal, CSS President Larry Goodwin said Wednesday morning in a news conference at the college.
“Imagine Tomorrow has already enhanced the St. Scholastica experience for our students of today, and its good effects will be felt for generations of students to come,” he said.
Students are the campaign’s main beneficiaries, Goodwin said.
The campaign will help, or has already helped, pay for 27 new endowed scholarships, improvements to Tower Hall, keeping the Science Center and other buildings technologically up to date, the establishment of a Catholic studies program and the construction of a $10 million, 63,000-square-foot wellness center.
In all, more than 7,000 individuals, foundations, businesses and nonprofit organizations made donations to the campaign, which runs through Dec. 31.
CSS announced Imagine Tomorrow, its largest-ever fundraising campaign, in June 2003, following 30 months of planning and quietly approaching major donors. Consultants told the school it could expect to raise about $20 million over six years.
But donors pledged almost $18 million before the school even made the campaign public.
“The Benedictine Sisters of St. Scholastica set the bar early with a $3 million gift,” Goodwin said.
With the excellent early results, the school decided to set a final goal of $31 million by June 30, 2007.
That goal was almost three times as large as the $10.75 million raised by the college’s last fundraising campaign, which concluded in July 1994. Duluth NewsTribune