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Luther sets fundraising goal for $100 million endowment

Private Equity Fund Of Funds During Homecoming weekend Luther will launch a national campaign which will include raising the endowment to provide $40 million in new scholarships. Titled Leadership for a New Century, the campaign has set its fundraising goal at $100 million.

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Curve Equity Exposed Fund "The dollars students pay do not cover the costs of their education," said President Baker in a message printed in the program flyer. "Additional support is essential if we are to fulfill our vision of Luther in the twenty-first century."

tier private schools, such as Princeton, Duke and Dartmouth, have endowments large enough to meet all the demonstrated need of all admitted students.

Equity Income Funds According to Baker's message, comparable small liberal arts colleges often boast endowments of two to twenty times the size of Luther's, which is currently estimated at $40 million. The college relies on its endowment to finance major projects, such as buildings, major improvements on campus and financial aid for students.

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Capital Casebook Equity All of Luther's non-dormitory buildings, beginning with the original Main in 1865, have been built using private donations rather than students' tuition dollars.

The Department of Economics and Business sponsored Stefanovich's visit and is funded by The Malcolm and Maybelle Estem Endowment for Entrepreneurial Studies. Tim Schweizer, professor of management, was involved in the process of bringing Stefanovich to campus. "Through the Estem Endowment, we were able to secure Andy, " said Schweizer. "We'd been trying for almost two years to get him to come to Luther, so when he agreed to speak, we were more than thrilled."

Private Investment In Public "Right now, students pay for 80 to 85 percent of what Luther really costs," said Birgitte Christianson, director of capital campaigns, "and we'd like to see more supplementation of student costs come from private donations."

He then calls the Pentagon and informs them that unless they pay him 100 million dollars as reparation for him, he will launch the rockets.

Equity Mutual Funds "One of the most important advantages of having a large endowment is that it would provide stability from economic irregularities, like unforeseen smaller class sizes or a shifting economy," said Christianson. "It would enable us to keep helping students from a wide variety of economic backgrounds to afford a Luther education."

Birmingham Contact Equity A goal for the Campaign is to increase endowment by $68 million. This would cover scholarships, chairs, professorships, lectureships, and a general unrestricted endowment. These scholarships would be offered beyond those which already exist, like the Regents Scholarship.

Private Equity Investment Firm A total of $28 million is set for the second part of the campaign, covering buildings and technology. The Center for the Arts and Community, the second phase of the science building, technology for humanities classrooms, and cafeteria renovation fall into this category.

Complying Deal Equity Funds Fifty-three percent of Luther faculty and staff are actively involved in the project. Regents are expected to do the same

Equity Msn Private Wyoming A quiet fundraising campaign has already begun with contributions received from major donors, regents, and the Luther and Decorah communities. The original goal was set at $25 million. However, Christianson said she expects that President Baker will make an announcement at Friday's alumni dinner that this goal has been surpassed.

American Equity Investment "Reaching our goal will make it possible for us to keep providing for students financial needs and enabling them to become leaders after they graduate and leave Luther," said Christianson.

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Equity Private Team Wyoming Jessica Massie
Chips Staff Writer

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