Because of the incredible contributions from Tech alumni,
this is turning out to be the most successful fundraising year in the
university’s history.
With Hurricane Katrina to blame for numerous state-wide
budget cuts and anticipated “donor fatigue,” indications last August pointed
toward this being a disastrous year in fundraising. However, it was quite the
contrary, with the Louisiana Tech University Foundation having received a 39
percent rise in contributions and a 37 percent rise in total revenue this year
thus far, all because of Tech alumni.
These figures speak well of Tech alumni, which have
always been supportive of the university. However, in light of the tremendous
financial strains suffered because of recent crises, our alumni reacted by
donating more generously than ever before. It seems evident that Tech graduates
love the university.
However, recent achievements have only increased Tech’s
legacy and thus broadened an ever-growing commitment by alumni to maintain the
university’s value for generations to come.
As Tech rose to Tier III in U.S. News & World Report:
America’s Best Colleges, Tech alumni take pride in knowing that the value of
Tech’s education grows.
According to www.usnews.com, U.S. News & World Report
narrows down 1,400 institutions to the 248 nationally recognized colleges. From
this, 86 are private and 162 are public universities. Tech’s ranking in the
third tier is among the top 125-180 of the 248 universities.
Tech President Dan Reneau said the hurricane only added a
sympathy factor to this year’s contributions, and the main reason alumni
contributed so generously is because of the knowledge of Tech’s great
achievements.
“Tech’s alumni and their contributions have been a great
compliment to our faculty, staff and students here,” Reneau said. “They’re
giving back because of what they received.”
Corre Stegall, vice president for University Advancement,
is due a special thanks for her work as the head of the fundraising effort.
In the end, the university has continuously progressed, proving
triumphant, with our generous alumni largely to thank for Tech’s past, present
and future success.