UTSA - The University of Texas at San Antonio

10/07/2022 | News release | Distributed by Public on 10/07/2022 03:59

UTSA launches $500 million campaign to advance student success, research excellence, strategic growth

BE BOLD

OCTOBER 7, 2022 - The University of Texas at San Antonio today launched the public phase of Be Bold: A Campaign for Our Future, a $500 million fundraising campaign to support UTSA's growth as a model for student success, a great public research university, and an exemplar for strategic growth and innovative excellence.

The capital campaign, first conceived in 2017, has been in what is traditionally known as the 'quiet phase' and has already raised $311 million in gifts and pledges. University leaders have prioritized fundraising areas to support UTSA's transformative vision. These focus areas include student scholarships, graduate fellowships, endowed academic positions, special programs and capital projects across the university's network of campuses.

Increased funds for student scholarships, graduate fellowships and endowed faculty positions are crucial to recruiting and retaining some of the most talented minds at UTSA. The university currently boasts 555 endowments to support students, innovative research and impactful programming. Nearly two-thirds of these endowments, almost 350, support undergraduate scholarships for high-achieving students and students in need.

UTSA also has nearly 20 endowed graduate fellowships, more than 80 endowed faculty positions and more than 100 program endowments. These funds are paving the way for UTSA to offer education and research programs of the highest quality, the hallmarks of a Tier One research university.

"Institutions like UTSA are the cornerstone of world-class cities. They drive social mobility and economic prosperity, educate the leaders of tomorrow, and discover new knowledge to address society's greatest challenges," said UTSA President Taylor Eighmy. "This comprehensive campaign, the largest in the history of the university, will create new opportunities, expand strategic partnerships, and improve our campus infrastructure to benefit all our students and faculty. Simply put, this campaign will change lives by building a university of the future right here in San Antonio."

Since the start of the Be Bold effort, more than 39,446 supporters from 19 countries and all 50 states have made 116,000 gifts and pledges of all sizes to support UTSA. In 2021 alone, the university received three transformational gifts.

Carlos and Malú Alvarez committed a $20 million gift to the UTSA College of Business, drawn by UTSA's high-caliber students and the couple's desire to give back to San Antonio, where Carlos Alvarez built his business. The gift from the Alvarez family, the first of its kind in the university's history, is advancing research-enhancing activities. It is supporting the creation of endowed faculty positions, graduate research fellowships and undergraduate research programs. The gift led to the naming of the Carlos Alvarez College of Business, the first named college in UTSA's history and the first business college in The University of Texas System to be named after a Latino.

Philanthropist MacKenzie Scott made a $40 million gift to support UTSA students in need, drawn by the university's strong commitment to create pathways to success for first-generation college students and students from low-income families. UTSA has allocated this transformational gift to its Bold Promise program, which was established in 2019 to provide high-achieving Texans from low and middle-income families with 100% of their tuition and fees for up to four years. To date, the program has served 2,368 students.

Former Valero CEO and Chairman of the Board Bill Klesse and his wife, Margie, made a $20 million commitment to the university's College of Engineering and Integrated Design, drawn by the opportunity to create pathways for women and students of color to enter the STEM fields. Their generosity is supporting student scholarships, faculty support initiatives and student success programs. In recognition of the gift, UTSA named the college the Margie and Bill Klesse College of Engineering and Integrated Design.

During the initial phase of the Be Bold campaign, UTSA has also secured gifts and pledges from:

  • Graham Weston, who is serving as a Be Bold Campaign Leadership Council co-chair and has donated $15 million toward the creation of the School of Data Science in San Antonio's downtown technology corridor;
  • The Andrew W. Mellon Foundation, which awarded UTSA researchers a $5 million grant to support the university in strengthening community partnerships in advancing racial justice;
  • Harvey E. Najim, who committed $3 million to establish the Harvey E. Najim Innovation and Career Advancement Center, enabling UTSA students to receive unique hands-on learning opportunities;
  • USAA, which contributed $1 million to provide 100 Bold Promise scholarships to UTSA students, following a $100,000 contribution in emergency funds for students impacted by the COVID-19 pandemic; and
  • Dell Technologies, which awarded UTSA a technology grant to support advanced technologies and a new research infrastructure platform at the university.

Be Bold has also inspired multimillion-dollar gifts to transform San Antonio into a destination for the nation's most competitive Division I student-athletes. Through Bold Champions, a $70 million fundraising effort within the Be Bold campaign, UTSA Athletics has received $35.5 million in gifts and pledges from 6,629 donors in seven countries and 48 states. These commitments include a $5 million pledge from James H. and DeAnna Bodenstedt to support the Roadrunner Athletic Center for Excellence. The $41.5 million, state-of-the-art athletic facility is supporting the health and wellness of UTSA student-athletes.

Bold Champions is already providing support to UTSA student-athletes and several capital projects outlined in UTSA Athletics' Master Plan.

"The future of San Antonio is greatly dependent on how UTSA will evolve in the coming decade," said Sam Dawson, chair of the Campaign Leadership Council. "I envision UTSA becoming a model research university that attracts the most talented students and faculty from around the world, and I envision an unparalleled economic engine that drives innovation and entrepreneurship. It is essential that our community supports this important effort."