November 2001

Furman extends campaign, raises goal

Furman has extended the school's successful comprehensive campaign to raise funds for several important construction projects.

Vice President for Development Don Lineback says many donors to the campaign choose to designate their gift to a particular program or interest. So while the campaign is successful in terms of the overall dollars raised, there remains a funding shortage for several priority projects.

Lineback says Furman is extending the campaign, which to date has surpassed $180 million in contributions, to complete the funding for the following projects: the renovation and expansion of James B. Duke Library; the completion of Herman N. Hipp Hall; the renovation of James C. Furman Hall; and the final funding of the Younts Conference Center and the Bryan Center for Military Science.

Members of the university's Campaign Executive Committee and other task forces are working to raise the more than $20 million needed to fund these projects.

This final fund-raising initiative will likely take the campaign through to the end of 2002.

In other campaign-related news, the university announced during Homecoming that Mary Peace Sterling of Greenville, a former member of the Furman board of trustees, has provided the naming gift toward the new wing of the James Buchanan Duke Library.

The 48,000-square-foot addition to the library will be named in honor of Mrs. Sterling's father, Charlie Peace, a longtime executive with The Greenville News-Piedmont Co. The amount of the gift was not made public, but President David Shi called it one of the largest in school history.

The Charlie Peace Wing will be built on the building's west (lake) side. It will feature collaborative study rooms, reading and research areas, additional space for the library's growing collection, and a 24-hour study area equipped with computers. Construction is expected to begin in the summer of 2002.

In addition to the gift toward the new wing, Mrs. Sterling, a longtime community leader in Greenville, will donate an additional $100 to the library project for every alumnus who makes a donation to Furman before May 31, 2002.

This effort, called "Charlie's Challenge," could generate as much as $1 million in additional funds for the library. The total cost of the library project, including the new wing, renovations to the current building and a maintenance endowment for the revamped facility, will be approximately $25 million. In January of 2000 The Duke Endowment launched this project with a $9.5 million commitment.

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