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Scott Cowen imageOffice of the President
February 1, 2005

Dear alumni, friends and colleagues:

Usually at this time of year, you receive my annual “Report of the President,” a letter outlining highlights of the previous year with a link to an online report. This year, however, I am asking you not to look back but to look forward—to mid-March, when Tulane University will be publicly launching the largest and most comprehensive fundraising effort in its history, the $700 million “Promise and Distinction” campaign.

You might ask why this campaign is so special in a world where fundraising campaigns are widespread and in an economic climate where such a venture could be seen as risky. But, quite simply, now is the right time for Tulane, and Tulane is worth the best efforts we have to give. The university stands at a critical point in its history—enjoying the amazing growth in prestige, quality and distinction it has gained over the past two decades but also cognizant of the promise it holds for taking that next step into the country’s top echelon
of universities.


The Campaign for Tulane shieldI sincerely hope you will choose to be a part of the campaign that will enable us to take that step. We have identified a number of key focus areas for the campaign that are in sync with our university-wide goals. Of the $700 million goal, for example, we want to devote $325 million toward the endowment, which will allow us to attract and retain the best faculty, students, and staff, ensure diversity and enhance academic and extracurricular programs across all schools and colleges. A goal of $200 million has been set for capital growth, which would include not only projects already begun, such as the expansion and renovation of the University Center and the revitalization and expansion of our student residences, but also “wish list” projects such as the renovation and expansion of Howard-Tilton Memorial Library and upgraded technology infrastructure. A goal of $125 million has been set for strategic program support, which will help provide operating support for programs in which Tulane has current and emerging strengths—areas such as gene therapy, infectious diseases, Mississippi River research through the exciting new RiverSphere Project, and the cultural outreach programs of the Deep South Regional Humanities Center. Finally, we have set a goal of $50 million for the Tulane University Annual Fund. Unrestricted gifts from alumni to the Annual Fund give us the flexibility to meet unanticipated needs and take advantage of unforeseen opportunities. They are the lifeblood of any institution, and Tulane is no exception.

You will be hearing and seeing a lot about the campaign in the coming month as we head toward the big kickoff celebrations on March 16-18. First, take a look at the website that has been set up for the campaign, and enjoy some of the special features it offers, such as a series of short films highlighting different aspects of the life of campus and a list of public events that will be taking place for the campaign launch. You can find the website at http://distinction.tulane.edu.


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