March 3, 1999 "The Campaign for the Student-Athlete" Photo Gallery Seattle - The Campaign for the Student-Athlete, a fundraising campaign to fund new athletic facilities, renovate Hec Edmundson Pavilion and provide endowment for athletic scholarships, has received pledges and contributions totaling just over $34 million, to date. The original Campaign goal was set at $36 million. In order to successfully meet all of the Campaign objectives, the athletic department anticipates having to raise in excess of $40 million. The Campaign for the Student Athlete is the cornerstone of a $80 million master funding plan that is the result of strategic planning involving University administrators, coaches, student-athletes, community leaders and Husky fans. The Campaign for the Student Athlete is a five-year effort that began on July 1, 1995 and will run through June 30, 2000. Priorities for The Campaign include: Renovation of Hec Edmundson Pavilion A new indoor practice facility A new soccer stadium A new baseball stadium Renovation of the Conibear Crewhouse EndowmentThe total cost of the Hec Edmundson restoration and a new indoor practice facility is $61 million. That figure represents $39 million towards upgrades at Hec Edmundson Pavilion and $22 million towards development and construction of the indoor facility. Restoration of the Pavilion will begin in full in April and construction of the indoor facility is scheduled to start this summer. The funding model for the two projects is made up of the following sources: Campaign for the Student-Athlete $24 million Building for Excellence Fund $12 million Athletic Department Reserve, corporate sponsors, $15 million additional fundraising beyond the initial goal University funds for Pavilion infrastructure $10 million Total $61 millionTo date, the Campaign has received $22,420,086 toward the $24 million needed to reach the original goal ($1,579,914) still needed). The athletic department anticipates having to exceed the original goal by as much as $3 million to account for increased costs of the building since the Campaign was launched in July, 1995.
|
