Investing in Success

With enrollment soaring and philanthropic support at record levels,the University is embarking on the next phase of its capital campaign whose new goal is to raise $3 billion by 2015.

The Invest in CUNY campaign, launched in 2004 by CUNY Board Chairperson Benno C. Schmidt Jr. and Chancellor Matthew Goldstein, had aimed to raise $1.2 billion by 2012.

That goal was surpassed four years early with the raising of $1.436 billion, an unprecedented amount for a public urban university. The funds largely support scholarships, investments in full-time faculty, research and modern facilities.

The campaign's expansion was detailed March 25 at a news conference at the CUNY Graduate School and University Center. It coincided with the announcement of a $25 million gift from philanthropist and developer Bernard Spitzer for the School of Architecture at City College, to be named The Anne and Bernard Spitzer School of Architecture.

"The theme of this day is making investments to ensure, to the degree that we can, that the greatness of this University will continue its momentum in giving opportunities to young people, to really change their lives," Goldstein said.

Investments such as Spitzer's reflect CUNY's "hard work" in building greater accountability and its reputation for academic excellence, the Chancellor said. Other gifts include Samuel J. and Lois Silberman's $40 million to construct a $135 million Harlem building for Hunter College's School of Social Work; William E. Macaulay's $30 million to purchase a building for the Macaulay

Honors College; Andrew Grove's $26 million for The City College's School of Engineering; Lawrence and Carol Zicklin's $18 million to name and endow the Zicklin School of Business at Baruch College; and William and Anita Newman's $25 million toward Baruch College's Vertical Campus.

Continued giving is critical as CUNY faces shrinking state and local government support, an expected record enrollment in fall 2009, including 250,000 who are seeking degrees, and the need to hire more full-time faculty.

"We have to move forward and we have to compete ... to get the very best people in classroom for our students," Goldstein said. "To do less would be an injustice."

Winning Run Continues With 2009 Truman, Goldwater Grants

 

Army service in Iraq inspired Truman Scholar Don Gomez to pursue a City College degree in international relations. Here he speaks at an "Invest in CUNY" event.
University undergraduates continue their impressive wins of two prestigious nationwide awards: the Harry S. Truman Foundation Scholarship and the Barry M. Goldwater Scholarship. In the past six years, five students have won Truman grants and 10 have received Goldwaters.

Don Gomez, a City College international studies major, is among 60 students in the nation cited this year by the Truman Foundation, which recognizes college juniors committed to careers in government or other public service and demonstrate "exceptional leadership potential." His $30,000 award is for graduate study.

Three 2009 Goldwater scholarships, named for the late Arizona senator, were won by Alena Leitman of Hunter College, and Yitzchak Lockerman and Jamar Whaley, both of Queens College. The awards of $7,500 per year for one or two years go to students pursuing math, science or engineering to cover various college costs.

Gomez, who attended Queens-borough Community College, enrolled in CCNY after serving two tours of U.S. Army duty in Iraq; he hopes to return to the Mideast as a State Department officer. Leitman intends to conduct biomedical research in her own lab at a hospital or university. Lockerman, a computer science major, plans to conduct research in algorithm design. Whaley, a neuroscience/psychology major, will apply her research to a clinical setting.