Cougar cash
University of Houston roars with massive $1.2 billion raised in new campaign
The University of Houston Cougars have a reason to roar this fall. The school has announced a massive fundraising feat of $1.2 billion for scholarships, professorships, facilities, and programs as part of the "Here, We Go" initiative that closed on August 31.
Specifically, the campaign raised $1,235,427,334. The final tally was announced by UH System Chancellor and UH president Renu Khator during her 12th annual fall address on October 28., where she thanked high-profile donors and volunteer campaign co-chairs Tilman J. Fertitta ('78), Beth Madison ('72), John L. Nau III, and Marvin E. Odum III (M.B.A. '95).
The campaign, which surpassed the $1 billion milestone in 2019, some 18 months ahead of schedule, was designed to strategically transform UH System universities with priorities to support student scholarships and fellowships, build state-of-the-art facilities, attract and retain top faculty, advance academic programs, workforce training and research, and build a nationally relevant athletics program, according to a press release. It began in 2012 and launched publicly in January 2017, before concluding in August of this year.
More than 187,000 donors, including 133,000 new donors contributed to the campaign, highlighting the pride felt by alumni and friends. Donations came from all 50 states and 46 countries, according to the school.
Donation highlights include:
- $50 million gift from an anonymous donor — the campaign's single largest contribution to hire faculty and establish four new institutes in the areas of energy, infrastructure, precision medicine, and global engagement.
- $20 million from Tilman J. Fertitta for renovation and construction of the Fertitta Center, a 7,100-seat multi-purpose arena that is home to the Houston Cougars men's and women's basketball teams and the women's volleyball team.
- $20 million from the John P. McGovern Foundation benefitting arts students and faculty. The Kathrine G. McGovern College of the Arts was named in honor of the gift.
- $17 million from Andy and Andrea Diamond to create the Diamond Family Scholars program which offers financial, academic and mentoring support for students aging out of the foster care system.
- $16 million from the John M. O'Quinn Foundation to support the UH Law Center and construction of its new state-of-the-art building, the John M. O'Quinn Law Building.
- $15 million thanks to Humana Inc. to launch the Humana Integrated Health System Sciences Institute and help defray start-up and operational costs for the UH College of Medicine, as well as fund endowed chairs at several UH colleges.
- $13 million from the Cyvia and Melvyn Wolff Family Foundation to the nation's No. 1 undergraduate entrepreneurship program at the C.T. Bauer College of Business with a total expected impact of $15 million with matching gift.
"You inspired us to dream big, challenged us to be relevant and forced us to stay focused," said Khator, in a statement. "You led us from all directions, often making calls for us and introducing us to people who cared about Houston and our role in Houston's future."
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This article originally ran on CultureMap.