Norwich University reports $62 million raised toward $100 million funding goal

-A A +A

Norwich University reports $62 million raised toward $100 million funding goal

Mon, 01/26/2015 - 3:40pm -- tim

Norwich University has reached $62 million in pledges toward a $100 million goal set out last September, officials announced today at a ceremonial groundbreaking of major enhancements to the university’s Kreitzberg Library. To date, meeting the $25 million Tawani Challenge — in which the Chicago-based Tawani Foundation matches certain gifts dollar-for-dollar up to $25 million — has been a fundamental achievement in the university’s fundraising success. Under the Tawani Challenge the university raised $27.6 million.

Another significant milestone is a recent gift of $5 million for construction of a new academic building, according to NU President Richard W Schneider.

The comprehensive fundraising campaign, called Forging the Future, was announced at Homecoming in September 2014, at which time officials kicked off the five-year countdown to the university’s 2019 bicentennial.

Forging the Future focuses on three critical areas: academics and technology, which will add among other things a brand new $24 million academic building; the physical campus, which includes these enhancements to the library; and the future of Norwich, which includes scholarships.

Schneider said he wants all the work to be done in time to celebrate the university’s 200th birthday in 2019.

Construction on Kreitzberg Library has already begun and is slated to be completed in time for the fall 2015 semester.

The $6.5 million library renovation features new workstations, group-study and collaborative-learning areas, and significant technology upgrades, including a 10-fold increase in data speeds and capacity, and a digital media commons, all to engage active learning. Students will be able to gather to study, exchange ideas, and socialize in a state-of-the-art learning environment.

The renovations will also expand the Academic Achievement Center and increase space for university Counseling Services.

At the groundbreaking event, it was also announced that trustee emeritus Bob Mack, NU’64, and his wife, Tammie Mack, have pledged $5 million to the campaign, and in honor and recognition of that gift, the new academic building presently in the planning phase will be named Mack Hall.

“Bob and Tammie Mack are true leaders to our founding father’s tradition of service to others and nation before self,” Schneider said. “They have given much to the University in the areas of enrollment, education and athletics, and their support has strengthened and transformed our institution. We could not be more grateful for their support.

“More than ever, America needs Norwich University,” Schneider continued. “Our values-based model of education and innovation uniquely positions us to help the country rise to meet global challenges.

“Today’s students and those who will follow them will be the leaders of tomorrow. Their Norwich education will prepare them not only to expect challenge, but to embrace it, and to achieve distinction through exemplary leadership.”

Source: Norwich. 1.26.2015. Norwich University is a diversified academic institution that educates traditional-age students and adults in a Corps of Cadets and as civilians. Norwich offers a broad selection of traditional and distance-learning programs culminating in Baccalaureate and Graduate Degrees. Norwich University was founded in 1819 by Captain Alden Partridge of the U.S. Army and is the oldest private military college in the United States of America. Norwich is one of our nation's six senior military colleges and the birthplace of the Reserve Officers’ Training Corps (ROTC).