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FOR IMMEDIATE RELEASE
August 1, 2007
CONTACT:
Brian Treanor
908-737-3366
Division of Institutional Advancement
KEAN UNIVERSITY LAUNCHES $30 MILLION CAPITAL CAMPAIGN
UNION, N.J. - Kean University is undertaking an unprecedented campaign to raise a minimum of $30 million from private philanthropic sources toward a campuswide $350 million investment. Transforming Lives: the Campaign for Kean University will play a vital role in the University's plans to fund the next generation of educational programs, scholarship and fellowship initiatives, endowment components, and other capital endeavors.
The Campaign, which has already raised more than $15 million to date, essentially covers six areas of priority. These include building upon the University's already successful science and technology, history and visual and performing arts programs; developing a human rights institute ; broadening the scope of the recently launched Global MBA program; and significantly increasing the amount of scholarship support for students.
Specifically, the Capital Campaign seeks to raise funds for a total of four distinct sectors of University life. The Centers for Excellence piece includes developing or enhancing existing channels for study like its New Jersey Center for Science, Technology and Mathematics Education, Liberty Hall Museum at Kean University and the forthcoming human rights institute.
Through the Student Empowerment component, the Foundation seeks to acquire funding for scholarships, fellowships, mentoring, summer internship programs, and career development opportunities. This aspect of the campaign was recently given a tremendous lift through donor generosity at the 10th Annual Kean University Gala, which served as the Campaign launching point and brought in more than $450,000.
The need for Educator Investment in the Campaign is essential. This component includes donor support for named professorships, student-centered research and scholarly initiatives; professional development seminars; and visiting professorships.
In terms of Capital Resources, as the number of program offerings and student enrollment at Kean continues to grow exponentially, so too must the campus infrastructure. To this end, the Campaign will raise funding that will help support some of the planned construction projects in the coming years.
Kean University President Dawood Farahi is confident that the Transforming Lives Campaign will do exactly that for the entire campus community. "There is a profound excitement concerning the future at Kean, because it is based on dreams and visions that are pursued and fulfilled," said Farahi. "These dreams and visions are the driving forces behind our campaign because they aim for greatness, excellence, and the highest standards, as we transform the lives of our students, one by one."
For more information about Transforming Lives: the Campaign for Kean University , please log onto the Kean University Foundation Web site located at www.keanfoundation.org, or call the Foundation Office at (908) 737-3340.
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