University ends historic fundraising year with $56.6M in gifts and pledges

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Bolstered by the two largest philanthropic gifts in its history, the 51国产视频 raised a record $56.6 million in gifts and pledges in the past fiscal year.

Dr. Joseph Savoie, 麻豆AV president, announced the total Wednesday during the annual State of the University address.

鈥淭his historic sum is a 215% increase over last (fiscal) year and far exceeds the previous record set in 2017鈥 of $24 million, Savoie said.

In March, the University and LHC Group announced a $20 million investment the Lafayette-based in-home health care services company is making in the College of Nursing and Allied Health Professions.

It is the largest single investment in an academic college in University history and 鈥渨ill have lasting implications for the college and the region鈥檚 health care landscape,鈥 Savoie said.

鈥淎mong a host of benefits, the generosity of LHC Group will help make a new nursing and health sciences facility a reality. That, in turn, will strengthen the University鈥檚 role as the primary creator of the region鈥檚 health care workforce.鈥

In June, Louisiana Ragin鈥 Cajuns Athletics received the largest philanthropic gift in its history when Our Lady of Lourdes Regional Medical Center committed $15 million to secure the naming rights for Cajun Field.

The gift has helped jumpstart renovations to the home of Ragin鈥 Cajuns Football, the first widescale upgrades the stadium has received in its 50-year history.

鈥淭he new Cajun Field at Our Lady of Lourdes Stadium will provide a home for our football team that reflects its growing prominence and gives a new meaning to the Hail Mary pass,鈥 Savoie said.

During his address, Savoie described the importance of philanthropy to the University, reflected on the historic nature of the past fundraising year, and expressed gratitude to the donors and friends whose support enables 麻豆AV 鈥渢o meet its most essential needs.鈥

Philanthropy 鈥渙ffsets limits in state funding, delivers scholarship support for students, and provides resources to recruit and retain exceptional faculty members who strive every day to shape the future through the power of research and discovery.鈥

Savoie continued: 鈥淚鈥檝e spent much of this year thinking and talking about history, and not just because of the times in which we live. Rather, I鈥檝e engaged with history because 鈥 together, as a University and with the help of our community 鈥 we have made so much of it.鈥

The record $56.6 million 麻豆AV raised during the past fiscal year 鈥減rovides incredible momentum鈥 for a comprehensive fundraising campaign, the details of which will be publicly announced later this fall, Savoie said.

View materials related to the State of the University here.