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Posted

What began as almost too much of a build-up is only $25M from realizing its goal.... UND Foundation confident donors will meet $300 million goal

At the end of this fiscal year, the UND Foundation is $25 million short of their $300 million fundraising goal with 18 months left in their campaign.

Foundation leaders say that is plenty of time to reach the goal.

The campaign has raised just over $271 million since it began in fiscal year 2006, including $43 million in the past year. That number is expected be $275 million when tallied for the end of the fiscal year June 30.

UND Foundation CEO Tim O’Keefe is confident the goal will be met when they stop counting donations on Dec. 31, 2013.

“The dollar amount is quickly identified,” O’Keefe said. “But we are able to look through the dollars and see the individuals and experience the passion they feel for the state and university.”

O’Keefe said the foundation has averaged 13,500 donors per year during the campaign — up from about 8,500 donors before it kicked off in 2005.

Posted

What began as almost too much of a build-up is only $25M from realizing its goal.... UND Foundation confident donors will meet $300 million goal

$1.39 mil/month....it should be reachable especially when this transition is over on Sunday and excitement builds and builds into the upcoming season the dollars should (and IMO will) be pouring in. Thank you to all who has donated!!!!

  • 11 months later...
Posted

Why stop here? Lets keep going till we hit $500 million and beyond! I'd like to thank everyone who donated or worked on this campaign, you guys went above and beyond the call of duty for your university!

  • Upvote 3
Posted

Why stop here? Lets keep going till we hit $500 million and beyond! I'd like to thank everyone who donated or worked on this campaign, you guys went above and beyond the call of duty for your university!

A fundraising campaign has to have a solid goal, and usually needs to end when that goal is reached. The only times you don't follow those rules are if you either blow through the goal, or are very close and you keep going to finish it. If you don't follow those rules you lose credibility with the donors.

They aren't going to stop fundraising. They will keep raising money, probably at a great rate. They will refocus and start another campaign soon. But it will be a new campaign, and will probably have another lofty goal. I'm guessing that the new campaign will start after a new Alumni Association CEO is in place.

  • Upvote 1
  • 2 weeks later...
  • 3 weeks later...
Posted

Thank you to those who has contributed!!

Guess it was a lot of little guys, but not as many big gifts as expected.

Even with his divorce (lost half of his holdings) and giving UND $10 mill, Harold Hamm isn't doing too badly. His company keeps raising projections of how much oil (and how many wells) is in the Bakken / Three Forks.

http://finance.yahoo.com/echarts?s=CLR+Interactive#symbol=clr;range=5y;compare=;indicator=split+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

  • 3 weeks later...
  • 2 weeks later...
  • 2 weeks later...
Posted

They should use those extra millions on the IPF

Most money donated is targeted to something. They can't move money donated for one thing and use it for something else. It is rare that significant size donations are given to a general fund that can be used anywhere the University wants to use them.
Posted

Most money donated is targeted to something. They can't move money donated for one thing and use it for something else. It is rare that significant size donations are given to a general fund that can be used anywhere the University wants to use them.

Any idea if some of those millions could be used to renovate Memorial? ha

Posted

82 are there any big donation rumors out there?

I haven't heard anything, but I've been out of the loop most of the summer. Too many other things going on, so I haven't talked to many people that might know those kind of things.

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