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Alumnus makes $25 million gift commitment for KU

Thu, 04/24/2014

LAWRENCE – A University of Kansas alumnus is so appreciative of his education that he has made a $25 million gift commitment to benefit the university.

The donor, who requested to remain anonymous, said he had been thinking for years about establishing estate plans to benefit KU. He said he appreciated the education he received at KU, where he received scholarship support, and he felt it was important to give back.

Of his planned gift, 80 percent will benefit the outreach programs of the KU Alumni Association, and 20 percent will be equally divided between support for alumni scholarships and the Greater KU Fund, which supports the university’s greatest needs. This would be the largest gift ever for the KU Alumni Association.

"This commitment to the Greater KU Fund will help us achieve our bold aspirations for the university by targeting resources to our top priorities, as well as supporting future generations of Jayhawks through student scholarships. This is a truly generous commitment, and one that will have long-lasting benefits," said Chancellor Bernadette Gray-Little.

Kevin Corbett, president of the KU Alumni Association, expressed gratitude. “This generous donor takes a very long-term and high-level view of what drives the success of the University of Kansas by making a commitment to further engage and mobilize KU’s greatest strength — its graduates. The storied success of KU has always been dependent on graduates who have been generous, and who have lent their knowledge and talents to improve the value of the KU degree. This gift will ensure that this tradition will continue in the years to come for the university.”

The gift counts toward Far Above: The Campaign for Kansas, the university’s $1.2 billion comprehensive fundraising campaign. Far Above seeks support to educate future leaders, advance medicine, accelerate discovery and drive economic growth to seize the opportunities of the future.

The campaign is managed by KU Endowment, the independent, nonprofit organization serving as the official fundraising and fund-management organization for KU. Founded in 1891, KU Endowment was the first foundation of its kind at a U.S. public university.



Matt Menzenski, a graduate student in Slavic languages & literatures, took this photo during President Obama’s speech at KU Thursday. Menzenski says he was struck by how relaxed the president was in his delivery. He missed a chance to hear former President Bill Clinton speak in his hometown in 2004, but finally got to see a sitting president this week at KU. “The opportunity to hear the president speak is just one of many great opportunities I've had at KU. So many interesting talks and events happen here all the time. I try to attend at least one a week-- it's never hard to find something interesting to go to.” Tags: University of Kansas College of Liberal Arts and Sciences KU School of Languages, Literatures & Cultures KU Dept of Slavic Languages - Friends & Alumni Barack Obama The White House #exploreKU #POTUSatKU

Find 10 years of photos by @KU _SADP’s Daniel Coburn in his new “The Hereditary Estate.” http://t.co/HWFLzdX3FW http://t.co/a6uhUxbEvp
Explore KU: The Bells of Mount Oread KU’s Campanile, a 120-foot-tall timepiece that tolls automatically on the hour and quarter-hour, not only sounded in the 2015 New Year at midnight with 12 mighty gongs, but also regularly rings up memories for many Jayhawks – the 277 faculty and students who gave their lives during World War II, the graduates who walk through its doors at commencement, and aspiring students who have strolled through the Lawrence campus. (See http://bit.ly/1xjjwJj). For nearly 60 years, KU’s 53-bell carillon has been tolling the sounds of peace and serenity across Mount Oread since it was installed in June 1955 inside the landmark World War II Memorial Campanile, which was dedicated in 1951. (See http://bit.ly/1BoL9jv) The carillon is also a four-octave musical instrument, which is played with a giant keyboard and foot pedals. University Carillonneur Elizabeth Egber-Berghout (http://bit.ly/14fiBPl), associate professor of carillon and organ, climbs 77 steps up a spiral staircase in the bell tower to perform recitals several times a month.


One of 34 U.S. public institutions in the prestigious Association of American Universities
26 prestigious Rhodes Scholars — more than all other Kansas colleges combined
Nearly $290 million in financial aid annually
46 nationally ranked graduate programs.
—U.S. News & World Report
Top 50 nationwide for size of library collection.
—ALA
23rd nationwide for service to veterans —"Best for Vets," Military Times