Trine University expands Invest in Excellence campaign
After raising more than $80 million to fund scholarships, make significant campus improvements and grow its endowment, Trine University has announced the expansion of its Invest in Excellence Capital Campaign from its original $75 million to $125 million.
“For more than 130 years, Trine University has provided a first-class education and student experience and contributed to the quality of place in northeast Indiana,” said Dr. Rick L. James, chairman of the Trine University Board of Trustees. “Trine’s continued growth through projects like the Thunder Ice Arena and MTI Center will enhance life in our region even more. This campaign expansion will help the university continue to meet its facility needs and opportunities, provide more scholarship support to students and add to endowment funds to provide long-term support for faculty and programs.”
The campaign, which began in 2009, has raised more than $83 million, about 66 percent of the final goal.
The expanded campaign seeks to raise a total of $30 million for the Trine Fund for operations and annual scholarships — double the amount of the original campaign — as well as $20 million for the university endowment and $75 million for capital projects. Projects that have been added to the expanded campaign include the new Thunder Ice Arena and MTI Center, and an expansion of Fawick Hall, home of the Allen School of Engineering and Technology.
The new campaign goal was announced to about 500 alumni and friends of the university in attendance at the Touchstone and Homecoming Celebration Dinner on Friday, Sept. 30.
“The Invest in Excellence campaign already has allowed us to add several beautiful new facilities to our campus without having to incur any additional debt. It has helped us significantly enhance our scholarship support and enhance our academic programs through endowment support,” said Earl D. Brooks II, Ph.D., Trine University president. “The expansion of this campaign will let us continue to provide for growth in our enrollment and programs, all while continuing to manage our finances responsibly.”
Projects already completed through Invest in Excellence include the T. Furth Center for Performing Arts, the Jim and Joan Bock Center for Innovation and Biomedical Engineering, Reiners Hall and the Ford Hall renovation for the Ketner School of Business. The Best Hall renovation included in the campaign is underway and expected to be complete by January.