JBU Announces Completion of Historic Keeping Faith Campaign
Siloam Springs, Arkansas (August 16, 2011) - Coming off a record-breaking year for fundraising, JBU announced today that it has completed its historic Keeping Faith Campaign one year ahead of schedule and $18 million over the original goal of $100 million.
“The completion of the Keeping Faith Campaign is good news,” said Dr. Chip Pollard, president. “Good news because more students will have access to JBU's Christ-centered education because of funds given for endowed and annual scholarships; good news because JBU students have access to state-of-the-art facilities; good news because these resources enable us to fulfill JBU's mission to train students to honor God and serve others. We are deeply grateful to God for the over 16,000 friends, alumni, corporations, and foundations who supported JBU through this campaign.”
The Keeping Faith Campaign, which launched in 2005, was increased to $110 million last year. The Keeping Faith Campaign was originally scheduled to end in 2012. The final campaign fundraising total is $118,195,624. The Keeping Faith Campaign has provided $42.5 million for buildings, $43.4 million for scholarships, and $32.3 million for program endowment, operational support and other projects.
In the 2010-11 fiscal year, which ended in July, JBU saw the highest level of giving in its 92-year history, with $29,575,761. The previous record was 2009-10, with giving of $25,930,023.
“We are deeply grateful to thousands of people who kept faith with the mission of JBU by giving,” said Jim Krall, vice president for advancement. “JBU is very blessed to have deep and broad support from alumni, friends and foundations who partner with us in providing excellence in higher education.”
The top ten projects funded by campaign, by dollar amount, are:
• $20 Million Challenge, a matching grant for endowed scholarships and programs,
• Balzer Technology Center ($11 million), a new 40,000-square foot facility to house JBU’s engineering, construction management and renewable energy programs,
• $10 Million Challenge, a matching grant for endowed scholarships,
• Bill George Arena, ($9.5 million) a 1,800-seat venue (2,700 with floor seating) for athletic events, special guest speakers, and graduation,
• Berry Performing Arts Center, a 500-seat state-of-the-art auditorium with orchestra pit, choir room, classrooms and more,
• Cathedral Group Renovation, ($6 million) completing the founder’s vision for the iconic Cathedral of the Ozarks and the two adjacent academic buildings with a renovation and restoration,
• JBU Scholarship Fund ($4.9 million), the annual fund providing direct scholarships for students based on merit and need,
• North Hall Residential Facility new wing ($3.5 million), an expansion doubling the capacity of JBU’s newest residential hall,
• “Art 2” Building Renovation ($2.5 million), a conversion of the old engineering building into a top-tier facility for the visual arts program,
• Dr. Gary J. Oliver Endowed Chair in Marriage, Family and Relationship Studies ($2 million), an endowment to support JBU’s Center for Relationship Enrichment.
John Brown University is a private Christian university, ranked second among Southern regional colleges by U.S. News & World Report and is listed as one of America's Best Colleges by Forbes. JBU enrolls more than 2,100 students from 39 states and 45 countries. JBU is a member of the Council for Christian Colleges and Universities.