GeauxSioux Posted September 24, 2012 Share Posted September 24, 2012 Wow, that is major. Big thanks to Harold Hamm!! Link to comment Share on other sites More sharing options...
UNDColorado Posted September 24, 2012 Share Posted September 24, 2012 Doug Fullerton has to be smiling...Not only are we competitive on the football field, but we are keeping up the pace as a top public research institution. This is huge! Link to comment Share on other sites More sharing options...
82SiouxGuy Posted September 24, 2012 Share Posted September 24, 2012 The report in the Forum says that it is $5 million from Mr. Hamm, $5 million from Continental Resources and they are asking the state for $4 million from an oil and gas research fund. Link to comment Share on other sites More sharing options...
Teeder11 Posted September 24, 2012 Author Share Posted September 24, 2012 The report in the Forum says that it is $5 million from Mr. Hamm, $5 million from Continental Resources and they are asking the state for $4 million from an oil and gas research fund. Nice support from an influential leader in the petroleum engineering industry. I beleive the North Dakota Industrial Commission (Gov., Attorney Gen. and Ag Secretary) is supposed to give a thumbs up to its portion of the funding this morning. Link to comment Share on other sites More sharing options...
IrishSiouxFan Posted September 24, 2012 Share Posted September 24, 2012 I was expecting a more substantial announcement than this. $14 million is nice and much appreciated, but how far will it really stretch in terms of new facilities, research, scholarships, and new faculty lines? Not trying to be ungrateful, just realistic. Link to comment Share on other sites More sharing options...
watchmaker49 Posted September 24, 2012 Share Posted September 24, 2012 Isn't this the same guy who was funding Hennen and Schafer trying to cut the oil tax and dry up the ND coffers for his own gain? Link to comment Share on other sites More sharing options...
johndahl Posted September 24, 2012 Share Posted September 24, 2012 $15 million will not fully fund faculty, equipment, buildings, etc. needed to fund a new major, but is enough to kick-start a program where tuition, taxes, and other traditional resources are also available much like with every other major. I was on the U's curriculum committee when they added Energy Engineering as a Ph.D program, and it had no such financial or corporate backing at the time. Looks like a great thing for the School of Engineering and Mines, John Link to comment Share on other sites More sharing options...
GeauxSioux Posted September 24, 2012 Share Posted September 24, 2012 Harold Hamm = Wildcatter Link to comment Share on other sites More sharing options...
Teeder11 Posted September 24, 2012 Author Share Posted September 24, 2012 I was expecting a more substantial announcement than this. $14 million is nice and much appreciated, but how far will it really stretch in terms of new facilities, research, scholarships, and new faculty lines? Not trying to be ungrateful, just realistic. Yeah, I think we are all kind of spoiled and jaded after the granddaddy of all gift announcements back in 1998. I think that kind of gift is akin to a school winning the lottery. Only a very very very small number of Universities see gifts of a magnitude that fully fund something big and build it now. $100+ million is rarified air as far as University gifts go, and we'll likely not see anything like that again. Our expectations have to dial back a tad. Link to comment Share on other sites More sharing options...
fightingsioux4life Posted September 24, 2012 Share Posted September 24, 2012 Yeah, I think we are all kind of spoiled and jaded after the granddaddy of all gift announcements back in 1998. I think that kind of gift is akin to a school winning the lottery. Only a very very very small number of Universities see gifts of a magnitude that fully fund something big and build it now. $100+ million is rarified air as far as University gifts go, and we'll likely not see anything like that again. Our expectations have to dial back a tad. Then UND officials shouldn't talk like it's the end of the world as we've known it. That is why the Spriit Campaign announcement was such a debacle. They hyped it up too much. Link to comment Share on other sites More sharing options...
Teeder11 Posted September 24, 2012 Author Share Posted September 24, 2012 Then UND officials shouldn't talk like it's the end of the world as we've known it. That is why the Spriit Campaign announcement was such a debacle. They hyped it up too much. I respectfully disagree. I hardly think the Spirit Campaign announcement was a debacle. If that's your example of a debacle; I'd like to know what you call what is going on PR-wise at NDSU right now, or at Penn St., etc. Rather I think your overly hyped and skewed sense of what is a big deal now following Ralph's extraordinarily generous gift is what is and was in play. What do you want UND officials to say every time something like this comes up ... "it's a big deal, but not Ralph Engelstad big"? Sheesh! Just be happy it's not the state revoking $14 million from UND We are spoiled, aren't we? Link to comment Share on other sites More sharing options...
siouxfan512 Posted September 24, 2012 Share Posted September 24, 2012 Hope I can make a donation like this someday... Is anyone out there going to donate a FB stadium to rival the Ralph in style and quality and put FB right back on campus. We can dream right? Link to comment Share on other sites More sharing options...
mksioux Posted September 24, 2012 Share Posted September 24, 2012 A $10 million gift is definitely worthy of a "major announcement" and a press conference. Cripes people. How spoiled are we? Link to comment Share on other sites More sharing options...
CMSioux Posted September 24, 2012 Share Posted September 24, 2012 I was in the audience for the Spirit Campaign Announcement. The place was packed and it was a great mixture of current students and alumni. Now there was no raise the roof cheer at the end but it was a feel-good event. The UND fire dancer was pretty cool. Tough to compare it to a sporting event where you win it at the buzzer. Link to comment Share on other sites More sharing options...
watchmaker49 Posted September 24, 2012 Share Posted September 24, 2012 Wow, that is major. Big thanks to Harold Hamm!! What is in it for him? Link to comment Share on other sites More sharing options...
UNDColorado Posted September 24, 2012 Share Posted September 24, 2012 What is in it for him? His name on the building is probably a good reason but I am sure there is more. Link to comment Share on other sites More sharing options...
SiouxVolley Posted September 24, 2012 Share Posted September 24, 2012 What is in it for him? A high school drop out, the youngest of umpteen kids, whose parents didn't have a pot to piss in (literally) gets a school named after him. Would you rather he gave the gift to Oklahoma State, NDSU, Central Oklahoma, Montana State, SD School of Mines, or U of Mary? His company also gets more access to talent that they will need in North Dakota. Link to comment Share on other sites More sharing options...
SiouxVolley Posted September 24, 2012 Share Posted September 24, 2012 A Geophysicist degree program is one UND needs to establish next. Not many schools have that program and there is a huge demand worldwide. Link to comment Share on other sites More sharing options...
tnt Posted September 24, 2012 Share Posted September 24, 2012 This just in, they beat the french fry record by 100 pounds during Potato Bowl week!! Link to comment Share on other sites More sharing options...
Blackheart Posted September 24, 2012 Share Posted September 24, 2012 This just in, they beat the french fry record by 100 pounds during Potato Bowl week!! Now that's a major announcement! Link to comment Share on other sites More sharing options...
The Sicatoka Posted September 24, 2012 Share Posted September 24, 2012 This just in, they beat the french fry record by 100 pounds during Potato Bowl week!! Now that's a major announcement! ... or a major gut ache. Link to comment Share on other sites More sharing options...
The Sicatoka Posted September 24, 2012 Share Posted September 24, 2012 Dear Mr. Hamm and Continental Resources, Inc., Thank you. 2 Link to comment Share on other sites More sharing options...
Teeder11 Posted September 24, 2012 Author Share Posted September 24, 2012 Dear Mr. Hamm and Continental Resources, Inc., Thank you. I wholeheartedly second that big thank you, Mr. Hamm! Link to comment Share on other sites More sharing options...
82SiouxGuy Posted September 24, 2012 Share Posted September 24, 2012 Dear Mr. Hamm and Continental Resources, Inc., Thank you. I concur. The donations are very generous and very much appreciated. Link to comment Share on other sites More sharing options...
82SiouxGuy Posted September 24, 2012 Share Posted September 24, 2012 What is in it for him? Mr. Hamm has made a few donations in North Dakota during recent years. I'm sure that part of the reason is to say thank you to the state for the money he has made here, and the money that he will continue to make. And another reason is to build a supply of the specialized employees that he knows will be needed in the future in Western North Dakota. A wise business man invests in helping build an educated work force for his future needs. Link to comment Share on other sites More sharing options...
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