Webster University’s comprehensive campaign, “Webster Works,” has officially closed after raising $56.5 million — exceeding the $55 million goal and making it the most successful campaign in the University’s history.
The campaign is funding several present and future Webster needs, including new endowed scholarships for students; new infrastructure in business, information technology, biological and health sciences and elsewhere; and many other projects.
The results of the campaign will help future Webster students just like Diana Thomas ’13, and so many more.
Read the full text of the press release announcing the close of the campaign below:
Webster University Comprehensive Campaign Surpasses $55 Million Goal
ST. LOUIS, Jan. 10, 2012 — Webster University President Elizabeth (Beth) J. Stroble today announced the conclusion of the University’s Webster Works comprehensive campaign, which raised $56.5 million, exceeding its $55 million goal and making it the most successful campaign in Webster’s history.
“The Webster Works comprehensive campaign, launched publicly in 2010, encouraged donors to re-imagine a university with new and improved facilities; additional endowed scholarships; and enhanced global academic and operational excellence,” Stroble said.
“Our donors and friends rose to the challenge in the midst of one of the most turbulent economic times in U.S. history, which makes the achievements of this campaign even more significant. I extend special thanks to Campaign Chair Jerry Ritter and to Faith Maddy, vice president for alumni and development programs, for their unwavering dedication to Webster’s mission, our donors and our faculty, staff and students.”
The Webster Works campaign proceeds are being used to support three key areas of strategic importance for the University. Following is a partial list of some of the projects being funded by campaign donations:
Webster Works in the Classroom
- The need for new “best-in-class” facilities, considered essential to attract and retain talented students and faculty, is being addressed at the St. Louis home campus. The campaign has enabled Webster to create a dynamic new learning environment for today’s technology-driven higher education culture. The just-completed 94,323-square-foot East Academic Building, a hybrid building with interdisciplinary space that is home to the George Herbert Walker School of Business and Technology and other programs and services, will officially open in March.
- New facilities for our biological and nationally ranked health sciences programs are in the development stage and part of the University’s new master plan. And a complete renovation of the 66,400-square-foot Leif J. Sverdrup Building, set to begin this year, will enable Webster’s School of Communications to stay at the forefront of growth and change found today in every field of communications.
Webster Works for the Future
- Campaign proceeds include new endowed scholarship and professorship programs that are meeting the immediate needs of students currently enrolled as well as future students. The University’s endowment has also grown, allowing Webster to attract and retain the best faculty and enhance academic programs. Campaign contributions helped to fund 45 new endowed scholarships.
Webster Works for Today
- Campaign proceeds are also being used to address Webster’s current operating needs through the Annual Fund, an important component that helps underwrite the annual cost of tuition and supports university-wide initiatives such as bringing guest lecturers to the campus, and providing annual scholarships based on merit and need.
The largest gift in Webster’s history came from former U.S. Ambassador George H. Walker III, who bestowed $10 million upon the University’s School of Business & Technology. The school was named in his honor as the George Herbert Walker School of Business & Technology.
Other major donors include Anheuser-Busch Foundation, Larry and Jinny Browning, Edward Jones, Emerson, Sam and Marilyn Fox, Michael and Noemi Neidorff and Centene, and Jane and Bruce Robert.
Many of the campaign gifts are designed to enhance Webster’s globalism in such areas as an endowed professorship, travel scholarships, and student and faculty scholarship funds.
“Each gift received during the Webster Works campaign counts and we are extremely appreciative of our more than 12,000 donors,” said Campaign Chair Jerry Ritter. “This successful campaign is allowing us to enhance the educational experience for Webster students throughout the world.”
“We received 13 gifts of $1 million and above during the campaign; three were received in just the last 12 months,” said Faith Maddy, vice president for alumni and development programs. “Especially in these difficult economic times, this really speaks to how our donors and supporters are committed to Webster’s vision and growing momentum.”
“We are thrilled to bring this campaign to a successful conclusion,” Stroble said. “I am particularly proud of and grateful to our generous donors, who have made it possible for our students to benefit from their support. It comes at a transformational time for Webster University, as we work to achieve our goal of becoming a premier international university setting a distinct standard in global education.”
A campaign celebration for donors and the University community will be held in the spring.
With its home campus in St. Louis, Webster University (www.webster.edu) is the only Tier 1, private, non-profit U.S.-based university providing a network of international residential campuses. Founded in 1915, Webster University’s campus network today includes metropolitan, military and corporate locations around the world, as well as traditional campuses in Asia, Europe and North America. The university is committed to delivering high-quality learning experiences that transform students for global citizenship and individual excellence.