It also allows us to provide scholarships for the nation's brightest graduate and undergraduate students. The Bloomington campaign total includes gifts and pledges for endowment, annual support for current spending, and non-governmental grants. Endowments enhance rather than replace state support. According to IU Foundation President Curt Simic, this is, to our knowledge, the highest 'insider' total contributed to any public university campaign to date. Finally, this campaign is remarkable for the enormous and enduring effect it is having, and will continue to have, on the Bloomington campus.
Most campaigns target specific areas.
According to Simic, an important factor in the success of the Bloomington campaign, and of fund- raising for IU as a whole during this period, was an innovative program established by Brand. This was a great incentive to prospective donors since it doubled the immediate impact of their gifts. The IU Foundation's board of directors also were very generous donors, Simic said. The 73 current, lifetime and honorary members created 25 endowed faculty positions and dozens of scholarships. Four IU Foundation board members chaired the volunteer national steering committee for the campaign.