DSU Receives Million Dollar Capital Campaign Donation
Dakota State University Foundation announced it has received a $1 million gift from an anonymous donor in support of DSU 2.0, The Capital Campaign.
The anonymous gift is one of the largest ever received by Dakota State, and the first million dollar gift specifically to the capital campaign. The donors have asked that the gift be used to establish endowments for academic and athletic scholarships.
Judy Payne, Vice President for University Advancement at DSU, said that in her conversations with the donors it was obvious they have deep affinity for children and education as well as high regard for the education DSU provides. “This generous gift will give many students an opportunity to have their dreams become realities,” stated Payne, "and that is exactly what these wonderful donors wish."
Sioux Falls businessman Larry Canfield is a national co-chair of the campaign. Canfield says this donation sets the standard for future leadership level gifts. "We are on a trajectory of success, and a gift of this magnitude challenges all of us to greater levels of philanthropy." He says the anonymous donation comes at a crucial time in the campaign. "The gift reminds us how important DSU is to public higher education and to the future of our state and region."
The campaign is a multi-year fundraising effort designed to dramatically increase the level of private support for the university.
Payne says the $37 million campaign is necessary to provide funding for the things that distinguish great universities, including scholarships, cutting edge research initiatives, outstanding faculty, and state of the art facilities. "Thanks to the generosity of our friends and alumni, we will continue this remarkable campaign and ensure the future of this university."