“Campaign surpasses goal, raises $2.166 billion to create “A Greater Penn State””

[BobPSU92]

See the link below. From the article:

”UNIVERSITY PARK, Pa. — Top Penn State donors and leaders, along with students and faculty who have benefited from philanthropic support, gathered in the Bryce Jordan Center on the evening of Friday, April 22, to celebrate the success achieved by the University’s current fundraising campaign, “A Greater Penn State for 21st Century Excellence.”

After an hour-long live show featuring voices from the Penn State community and performances by students from the musical theatre program, the Blue Band and Essence of Joy, President Eric J. Barron announced that the six-year effort had surpassed its goal and raised $2,166,032,798 toward the three imperatives that Barron defined as the top priorities of a modern land-grant institution. Penn State is now one of only 15 universities nationwide to have raised more than $1 billion in three or more campaigns.”

https://www.psu.edu/news/administration/story/campaign-surpasses-goal-raises-2166-billion-create-greater-penn-state/

Good job, everyone. When barren called, you stepped up by giving early, often, and in large sums.

 

[J.E.B]

Impressive!

“After an hour-long live show featuring voices from the Penn State community and performances by students from the musical theatre program, the Blue Band and Essence of Joy, President Eric J. Barron announced that the six-year effort had surpassed its goal and raised $2,166,032,798 toward the three imperatives that Barron defined as the top priorities of a modern land-grant institution. Penn State is now one of only 15 universities nationwide to have raised more than $1 billion in three or more campaigns.”

What are the three imperatives?
Where has the the previous $2B gone from the earlier campaigns?

 

[BobPSU92]

What are the three imperatives?
Where has the the previous $2B gone from the earlier campaigns?

1. Onion dip
2. More onion dip
3. Art museum

barren laughs at where.

 

[BW Lion]

Under the Freedom of Information Act (FOIA) is it possible to discover the names of those dumb enough to contribute to this shift show?

 

[91Joe95]

Under the Freedom of Information Act (FOIA) is it possible to discover the names of those dumb enough to contribute to this **** show?

STEP - it counts towards fundraising totals.

 

[BobPSU92]

Under the Freedom of Information Act (FOIA) is it possible to discover the names of those dumb enough to contribute to this shift show?

barren thanks you for your generous gifts.

 

[PSUArnie]

Under the Freedom of Information Act (FOIA) is it possible to discover the names of those dumb enough to contribute to this shift show?

Was thinking the same. I’ll contribute to the NLC and support other initiatives through the athletic department but the university can go pound sand in terms of ever seeing a $.01 from me.

 

[BW Lion]

STEP - it counts towards fundraising totals.

So the non-STEP donations amount to $79.38?

What this Administration refuses to realize is that they could have raised $3 Billion in one week by honoring and celebrating the man who actually transformed the university from a cow college into a recognized academic institution.

It’s not that they are that stupid, it’s more about stubbornness….an unwillingness to admit they were wrong all these years.

Talk about cutting off your nose

 

[BobPSU92]

We are greater.

 

[MacNit]

See the link below. From the article:

”UNIVERSITY PARK, Pa. — Top Penn State donors and leaders, along with students and faculty who have benefited from philanthropic support, gathered in the Bryce Jordan Center on the evening of Friday, April 22, to celebrate the success achieved by the University’s current fundraising campaign, “A Greater Penn State for 21st Century Excellence.”

After an hour-long live show featuring voices from the Penn State community and performances by students from the musical theatre program, the Blue Band and Essence of Joy, President Eric J. Barron announced that the six-year effort had surpassed its goal and raised $2,166,032,798 toward the three imperatives that Barron defined as the top priorities of a modern land-grant institution. Penn State is now one of only 15 universities nationwide to have raised more than $1 billion in three or more campaigns.”

https://www.psu.edu/news/administration/story/campaign-surpasses-goal-raises-2166-billion-create-greater-penn-state/

Good job, everyone. When barren called, you stepped up by giving early, often, and in large sums.

Great…now quit wasting $, lower tuition, and raise academic standards.

 

[91Joe95]

Great…now quit wasting $, lower tuition, and raise academic standards.

That's the beauty of it - now they can build more buildings that necessitate higher tuition costs to staff and maintain them.

 

[BobPSU92]

That's the beauty of it - now they can build more buildings that necessitate higher tuition costs to staff and maintain them.

Money like that demands overhead.

 

[Classof09]

1. Onion dip
2. More onion dip
3. Art museum

barren laughs at where.

4. 214 assistant AD’s. And probably a new one to be named with all this new money

 

[razpsu]

4. 214 assistant AD’s. And probably a new one to be named with all this new money

Lol. You beat me to it. I was going to say, you know we need more assistants to the assistants to the assistants. We need more levels of paper pushers.

 

[OhioLion]

Just curious what others think, as I’ll admit, I really am not sure other than - a lot.
How much could the university raise for sports and students (directly to students in scholarships and not admin or professors) if they honored Joe Paterno with a renaming of the field.
As some have suggested here, Paterno Field at Beaver Stadium.
Can you put a dollar figure out there and a legit estimate on length of time to raise that amount?

OL

 

[fairgambit]

More than 2 billion. That sounds like a lot, and it is. I wondered how other BigTen schools did in recent fund raising campaigns. Rather than check OSU or Michigan, I randomly picked Northwestern. They completed a campaign in September, 2021. They raised over six (6) billion.

‘We Will’ Campaign tops $6 billion from more than 174,000 supporters

Northwestern University announced today that its ambitious fundraising campaign, We Will. The Campaign for Northwestern, raised over $6 billion from more than 174,000 members of the Northwestern community.

news.northwestern.edu

Just checked Wisconsin. 6 year campaign, just like Penn State, but ended in 2021. Raised 4.2 billion.

All Ways Forward campaign – University of Wisconsin–Madison

Together, we can make UW-Madison into the place that will continue to advance the boundaries of knowledge in every direction.

www.allwaysforward.org

Indiana, yes, Indiana, completed it's most recent Campaign in 2020, and raised 3.9 billion.

IU shatters fundraising campaign goal, raises nearly $3.9 billion to support students, state

For All: The Indiana University Bicentennial Campaign raised $3.86 billion in support of IU’s mission to ensure student success.

news.iu.edu

Illinois: 2.25 billion in 5 years..

Home

With Illinois: The Campaign for Illinois

with.illinois.edu

Ah, but enough with comparisons. Over 2 billion is impressive. But, as was suggested above, had the University honored Joe Paterno, I have no doubt it would have been much greater. In fact, had they not dishonored Joe Paterno it would have been much greater.

 

[91Joe95]

More than 2 billion. That sounds like a lot, and it is. I wondered how other BigTen schools did in recent fund raising campaigns. Rather than check OSU or Michigan, I randomly picked Northwestern. They completed a campaign in September, 2021. They raised over six (6) billion.

‘We Will’ Campaign tops $6 billion from more than 174,000 supporters

Northwestern University announced today that its ambitious fundraising campaign, We Will. The Campaign for Northwestern, raised over $6 billion from more than 174,000 members of the Northwestern community.

news.northwestern.edu

They must have a bigger STEP program.

 

[contentphillydad]

So the non-STEP donations amount to $79.38?

What this Administration refuses to realize is that they could have raised $3 Billion in one week by honoring and celebrating the man who actually transformed the university from a cow college into a recognized academic institution.

It’s not that they are that stupid, it’s more about stubbornness….an unwillingness to admit they were wrong all these years.

Talk about cutting off your nose

Amen !

 

[J.E.B]

So the non-STEP donations amount to $79.38?

What this Administration refuses to realize is that they could have raised $3 Billion in one week by honoring and celebrating the man who actually transformed the university from a cow college into a recognized academic institution.

It’s not that they are that stupid, it’s more about stubbornness….an unwillingness to admit they were wrong all these years.

Talk about cutting off your nose

Ahh... they are stupid. They thought they could do it better. They were wrong. Neeli would be smart to deal with it immediately and move on.

 

[Nitwit]

More than 2 billion. That sounds like a lot, and it is. I wondered how other BigTen schools did in recent fund raising campaigns. Rather than check OSU or Michigan, I randomly picked Northwestern. They completed a campaign in September, 2021. They raised over six (6) billion.

‘We Will’ Campaign tops $6 billion from more than 174,000 supporters

Northwestern University announced today that its ambitious fundraising campaign, We Will. The Campaign for Northwestern, raised over $6 billion from more than 174,000 members of the Northwestern community.

news.northwestern.edu

Just checked Wisconsin. 6 year campaign, just like Penn State, but ended in 2021. Raised 4.2 billion.

All Ways Forward campaign – University of Wisconsin–Madison

Together, we can make UW-Madison into the place that will continue to advance the boundaries of knowledge in every direction.

www.allwaysforward.org

Indiana, yes, Indiana, completed it's most recent Campaign in 2020, and raised 3.9 billion.

IU shatters fundraising campaign goal, raises nearly $3.9 billion to support students, state

For All: The Indiana University Bicentennial Campaign raised $3.86 billion in support of IU’s mission to ensure student success.

news.iu.edu

Illinois: 2.25 billion in 5 years..

Home

With Illinois: The Campaign for Illinois

with.illinois.edu

Ah, but enough with comparisons. Over 2 billion is impressive. But, as was suggested above, had the University honored Joe Paterno, I have no doubt it would have been much greater. In fact, had they not dishonored Joe Paterno it would have been much greater.

Indiana was the 3rd largest among public universities so you may have chosen a comparison against the very top of the list - not that we shouldn’t be among them. I’d be more interested to know what the B10 average was not just the very highest fund raising schools to be a more useful and unbiased performance metric.

 

[91Joe95]

Psu bot members have flat out stated the Paterno issue is holding donations back, and the bot knows it.

 

[EPC FAN]

See the link below. From the article:

”UNIVERSITY PARK, Pa. — Top Penn State donors and leaders, along with students and faculty who have benefited from philanthropic support, gathered in the Bryce Jordan Center on the evening of Friday, April 22, to celebrate the success achieved by the University’s current fundraising campaign, “A Greater Penn State for 21st Century Excellence.”

After an hour-long live show featuring voices from the Penn State community and performances by students from the musical theatre program, the Blue Band and Essence of Joy, President Eric J. Barron announced that the six-year effort had surpassed its goal and raised $2,166,032,798 toward the three imperatives that Barron defined as the top priorities of a modern land-grant institution. Penn State is now one of only 15 universities nationwide to have raised more than $1 billion in three or more campaigns.”

https://www.psu.edu/news/administration/story/campaign-surpasses-goal-raises-2166-billion-create-greater-penn-state/

Good job, everyone. When barren called, you stepped up by giving early, often, and in large sums.

The fund raiser supreme remains one person and his wife.

Joe Paterno: A Life - A fundraiser supreme

Try to put a dollar value on Joe Paterno's impact at Penn State as a fundraiser and you'll find it's hard to do.

www.pennlive.com

 

[barry j fenchak]

Paterno's name will be forever linked with the scandal. There will be no further use of that name for anything associated with a dedication or honorarium. That war was lost before the statue came down. Lots of donations still roll in without having to prop up a disgraced former football coach, and will continue to grow as time progresses. Those that think Joe is going to be "honored" by the university are living in an alternate reality. It has been 10 years - do you really think something is going to happen to force a major change in perception?

 

[BobPSU92]

Paterno's name will be forever linked with the scandal. There will be no further use of that name for anything associated with a dedication or honorarium. That war was lost before the statue came down. Lots of donations still roll in without having to prop up a disgraced former football coach, and will continue to grow as time progresses. Those that think Joe is going to be "honored" by the university are living in an alternate reality. It has been 10 years - do you really think something is going to happen to force a major change in perception?

^ michnittlion

 

[91Joe95]

Paterno's name will be forever linked with the scandal. There will be no further use of that name for anything associated with a dedication or honorarium. That war was lost before the statue came down. Lots of donations still roll in without having to prop up a disgraced former football coach, and will continue to grow as time progresses. Those that think Joe is going to be "honored" by the university are living in an alternate reality. It has been 10 years - do you really think something is going to happen to force a major change in perception?

Yeah, who cares if it continues to hurt the university’s fundraising. When it comes to fiduciary duties why start now.

 

[Evan Ceg]

Psu bot members have flat out stated the Paterno issue is holding donations back, and the bot knows it.

I don't doubt that "reinstating" JoePa would bring in some heretofore withheld donations, but I think that $$ number is way overstated around here. The great majority of donors who walked away in 2011-12 are not coming back under any circumstance, and those who would come back don't represent many major donors; they are more often three-, four- and five-figure donors. I seriously doubt that there's a billion dollars of donative revenue just waiting for the University to honor Joe Paterno. Maybe a couple million $$, which is not chump change, but not enough to really move the needle on PSU's overall fund-raising picture.

I'll never forget a PSU senior development officer telling me in 2013 that the great majority of donors who were called by the Lion Line and said, "I'll never give another dime to Penn State," had, it turned out, never given a first dime to the University.

 

[WyomingLion]

I don't doubt that "reinstating" JoePa would bring in some heretofore withheld donations, but I think that $$ number is way overstated around here. The great majority of donors who walked away in 2011-12 are not coming back under any circumstance, and those who would come back don't represent many major donors; they are more often three-, four- and five-figure donors. I seriously doubt that there's a billion dollars of donative revenue just waiting for the University to honor Joe Paterno. Maybe a couple million $$, which is not chump change, but not enough to really move the needle on PSU's overall fund-raising picture.

I'll never forget a PSU senior development officer telling me in 2013 that the great majority of donors who were called by the Lion Line and said, "I'll never give another dime to Penn State," had, it turned out, never given a first a dime to the University.

And.......you might be wrong.

 

[barry j fenchak]

I don't doubt that "reinstating" JoePa would bring in some heretofore withheld donations, but I think that $$ number is way overstated around here. The great majority of donors who walked away in 2011-12 are not coming back under any circumstance, and those who would come back don't represent many major donors; they are more often three-, four- and five-figure donors. I seriously doubt that there's a billion dollars of donative revenue just waiting for the University to honor Joe Paterno. Maybe a couple million $$, which is not chump change, but not enough to really move the needle on PSU's overall fund-raising picture.

I'll never forget a PSU senior development officer telling me in 2013 that the great majority of donors who were called by the Lion Line and said, "I'll never give another dime to Penn State," had, it turned out, never given a first a dime to the University.

It is obvious that the cost to get those "donors" back is not worth the effort. They are perfectly happy for them to walk, that might be their desired outcome. Gets rid of the bad blood. Seems to be working as the money still rolls in.

 

[JoeBatters1]

More than 2 billion. That sounds like a lot, and it is. I wondered how other BigTen schools did in recent fund raising campaigns. Rather than check OSU or Michigan, I randomly picked Northwestern. They completed a campaign in September, 2021. They raised over six (6) billion.

‘We Will’ Campaign tops $6 billion from more than 174,000 supporters

Northwestern University announced today that its ambitious fundraising campaign, We Will. The Campaign for Northwestern, raised over $6 billion from more than 174,000 members of the Northwestern community.

news.northwestern.edu

Just checked Wisconsin. 6 year campaign, just like Penn State, but ended in 2021. Raised 4.2 billion.

All Ways Forward campaign – University of Wisconsin–Madison

Together, we can make UW-Madison into the place that will continue to advance the boundaries of knowledge in every direction.

www.allwaysforward.org

Indiana, yes, Indiana, completed it's most recent Campaign in 2020, and raised 3.9 billion.

IU shatters fundraising campaign goal, raises nearly $3.9 billion to support students, state

For All: The Indiana University Bicentennial Campaign raised $3.86 billion in support of IU’s mission to ensure student success.

news.iu.edu

Illinois: 2.25 billion in 5 years..

Home

With Illinois: The Campaign for Illinois

with.illinois.edu

Ah, but enough with comparisons. Over 2 billion is impressive. But, as was suggested above, had the University honored Joe Paterno, I have no doubt it would have been much greater. In fact, had they not dishonored Joe Paterno it would have been much greater.

I noticed that even Pitt has apparently blown by Psu and now has $1 billion more in their endowment than Psu ($5.6 to $4.6). I’m not very bullish on the future of Psu on any front (athletics/football or academics).

 

[fairgambit]

I noticed that even Pitt has apparently blown by Psu and now has $1 billion more in their endowment than Psu ($5.6 to $4.6). I’m not very bullish on the future of Psu on any front (athletics/football or academics).

You are correct. Pitt now has a larger endowment than Penn State. Leadership matters.

 

[91Joe95]

I don't doubt that "reinstating" JoePa would bring in some heretofore withheld donations, but I think that $$ number is way overstated around here. The great majority of donors who walked away in 2011-12 are not coming back under any circumstance, and those who would come back don't represent many major donors; they are more often three-, four- and five-figure donors. I seriously doubt that there's a billion dollars of donative revenue just waiting for the University to honor Joe Paterno. Maybe a couple million $$, which is not chump change, but not enough to really move the needle on PSU's overall fund-raising picture.

I'll never forget a PSU senior development officer telling me in 2013 that the great majority of donors who were called by the Lion Line and said, "I'll never give another dime to Penn State," had, it turned out, never given a first a dime to the University.

Psu's previous fundraising campaign was a record setter with a significant portion raised from small donors. The current bot cares about one thing, and that's looting the university, not taking care of it.