To deliver new opportunities for student success, the university publicly launched the $100-million Campaign for St. Edward's University in February 2014. Funding priorities are detailed below, including endowment growth, capital projects and annual operating needs through The St. Edward's Fund. View our campaign progress.
We are thankful for the generous volunteers from the Board of Trustees' Development Committee, as well as the members of our National Campaign Committee, all of whom are dedicating their time and energy to help lead the effort. Learn about these leaders below.
Listed below are our generous benefactors and volunteers who are helping to lead The Campaign for St. Edward's University.
Duncan K. Underwood '95, Chair (Houston, Texas)
BD Amend '07 (Dallas, Texas)
Fowler T. Carter '03 (Houston, Texas)
Joaquin "Kinny" G. Cigarroa III '74 (Laredo, Texas)
Robert E. Wilems '63, PhD (Boerne, Texas)
Frank E. Woodruff '69 (Boerne, Texas)
Duncan K. Underwood '95, Chair
George E. Martin, PhD, President of St. Edward's University
Ellie Ghaznavi '89
Brother Richard B. Gilman, CSC '65
Joseph A. Lucci III '80, PhD
Marilyn O'Neill '74
Martin E. Rose
Bill Sharman '58
Stephanie Bazan '02 (Alumni Association Board President)
The St. Edward's University endowment pools together donors' and institutional investments. The invested amount, called a corpus, is never expended so that the endowment will remain in perpetuity — and the university's fiscally responsible spending policy helps to ensure that market gains continue to significantly impact students' educational experiences.
Why support the endowment? As St. Edward's University's reputation grows stronger, we increasingly compete with universities that have significantly larger endowments, which allow them to offer more generous financial aid packages to the most sought-after students, more professional development programs that attract talented faculty and more innovative programming. A larger endowment will provide a long-term source of funding so that we may continue to provide competitive services for talented students. Benefactors who support the endowment help today's Hilltoppers and also sustain the hallmarks of our Holy Cross educational tradition for future generations: personalized attention, values-based learning opportunities and global awareness.
How does the endowment's spending allowance benefit students? We primarily seek to build the endowment so that it provides faculty development initiatives, signature programming such as the burgeoning Center for Religion and Culture and student scholarships. Scholarships can even be created for students participating in study abroad or international education initiatives, such as those offered through the Bill Munday School of Business.
What endowment funds exist? Endowment funds exist for scholarships, faculty development, study abroad opportunities, community service initiatives and more. Since 1999, generous donors have established more than 70 new endowment funds — providing long-term benefits for the university community while also diversifying the resources available for today's students and faculty.
What is the university's endowment fund spending policy? Each year, the endowment's investment is analyzed and assigned a market value. The market value reveals any return on the investment of the corpus — for example, if an endowment fund's corpus is $100,000, and its market value is $125,000, then this fund has gained $25,000. The university calculates each endowment fund's three-year market average, and spends 5 percent of that average. The amount we spend is called the endowment fund's spending allowance. Any unspent funds are carried over to the next academic year's spending allowance. Because an endowment fund's corpus never diminishes, and we expend just a portion of its market value, it is an excellent investment in the future of St. Edward's University.
How does a donor establish a new endowment fund? When a donor establishes a new endowment fund at the university, we work together to determine an effective way to ensure the returns are expended according to the donors' preference. An endowment agreement is created, signed and added to the university's records. Every year, university staff prepare an activity report for a fund's major donor to highlight the student, program or faculty member who has been impacted by the fund's support. The university's gift acceptance policy establishes a $100,000 minimum to create an endowed scholarship fund at St. Edward's University.
If you are interested in establishing an endowment fund at St. Edward's University or contributing to an existing fund, contact Joe DeMedeiros, vice president of University Advancement at 512-233-1443 or joed [at] stedwards.edu.
You have a rare opportunity to literally build on the earliest history of St. Edward's University by making a gift to the Main Building Project. Your gift of any amount, if made before April 15, 2016, will help us to secure $500,000 from the J.E. and L.E. Mabee Foundation. Main Building is almost 130 years old. It is a symbol of the strength and perseverance of the Holy Cross tradition. We want it to stand strong for generations to come, and it needs repair due to weather damage and regular use. Learn more about the project and support the project.
We refurbished Our Lady Queen of Peace Chapel, built the Brother Stephen Walsh, CSC, '62 Campus Ministry Building to house the Campus Ministry offices and created an all-faiths Meditation Garden. These projects better serve our expanding university faith community, while also generating excitement about opportunities for spiritual growth and faith development.
A $1.7-million gift from University Federal Credit Union renamed the Alumni Gym and renovated the facility. We upgraded existing space for Campus Recreation, introduced new student meeting and club space, and rebuilt office space for our Information Technology division. The renovated building, named UFCU Alumni Gym, is part of a broader student-oriented district of campus.
A $13-million gift from Bill and Pat Munday allowed us to nearly double student learning and collaboration space, while adding new digital audio and video technology as well as resources that emphasize interdisciplinary learning and group study.
We added 51,000 square-feet of state-of-the-art learning spaces, rich with resources for all of our students and faculty. Students with interests in math, computer science, physics and general science benefit from specialized resources and laboratory spaces. The building also includes a multi-use auditorium for lectures and distance-learning, and is also for use for visiting organizations.
St. Edward’s welcomes the opportunity to honor those who have rendered extraordinary support to the university. An array of possibilities exist for donors interested in naming opportunities. The financial requirements for naming opportunities differ, and donors are encouraged to discuss their ideas with a gift officer in the Office of University Advancement. The following offers basic overviews and guidelines for various naming opportunities.
For additional information regarding naming opportunities at St. Edward’s University, please contact Michael Morelius at 512-448-8452 or mmoreliu [at] stedwards.edu.