Ripon College already is nearly $10 million into a capital campaign — and aims for much more.
The total represents 20 percent of the $50 million Ripon College aims to raise during the fledgling campaign.
“We’ve had some pretty good success,” college President David Joyce said, calling the $50 million figure the “talking goal” of the campaign, though he would be happy to see more come in. “We did this all right in the middle of a recession [too].”
In fact, college officials are calling the $9.5 million raised “the most successful fund-raising effort over a comparable period of time in the college’s history.”
The fund-raising remains in what the college is calling its “silent phase,” before the school enters a public campaign starting in summer 2012.
Funds are coming in partly as cash pledges, while others are “deferred commitments that will be realized over time,” according to a press release sent out by the college.
Much of the funds will be used to buoy Ripon College’s endowment, which helps fund scholarships, faculty development, facilities, research and more.
Read the full story in the Feb. 10, 2011 edition of the Ripon Commonwealth Press.