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Yale SOM募集资金

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发表于 2009-2-5 19:17:00 | 只看该作者

Yale SOM募集资金


        SOM anticipates sizable donation    


    By Paul Needham and Derek Tam    

    Staff Reporter, Staff Reporter

    

    
        

Fundraising
across the University has ground to a near halt, but officials at the
Yale School of Management are hoping to leapfrog those troubles with a
single gift.

Yale is hoping that one donor will commit as much as $100
million to SOM. A gift of that magnitude, SOM officials say, would save
the construction of its new building from delay. . And while the donor
would likely be recognized through the name of the new Norman
Foster-designed complex, the name of the school itself is not for sale.

The construction of the school’s 246,000-square-foot complex is
expected to cost around $180 to $200 million. The exact opening date of
the new campus is unknown, but the facility was originally slated to
open in the fall of 2012. Precipitous declines in the University’s
endowment since June 2008 have made that timetable unrealistic, as
University administrators strive to close budget gaps by postponing
major capital projects. Shauna King, the University’s Vice President
for Finance and Business Operations, announced Monday that construction
would likely begin in 2012.

“We’re still optimistic that we’re going to be able to go
forward with the project and not have a full two-year delay,” said
Stanley Garstka, deputy dean of the School of Management.

Garstka acknowledged that he is optimistic in large part
because the school is confident it can attract what would be one of the
largest gifts ever made to Yale. University Vice President for
Development Inge Reichenbach said in an interview last week that while
overall giving to Yale is down this year, she remains in conversation
with some of Yale’s most generous donors about opportunities.

“We are very pleased about some of the conversations about
gifts that are going on,” Reichenbach said. “People haven’t started
giving quite yet, but we’re having good conversations.”

Up to now, SOM has been a strong point in University
fundraising. Last fall, when former SOM Dean Joel Podolny announced his
resignation, University President Richard Levin said Podolny had helped
raise over $170 million for SOM’s $300-million capital campaign, though
that number has likely increased since the fall. Garstka said about
$100 million of already-secured funding is specifically pledged for the
new building, with the remainder earmarked for other functions within
SOM.

Levin added in a recent interview that much support for Yale’s
relatively young business school has come from graduates of Yale
College. He said any large gift would likely come from such a donor.

Because the design for the new campus is not expected to be
completed until June 2010, Garstka said, school officials have plenty
of time to find a large enough donor to keep the project moving on
schedule.

Offering a donor the chance to add his or her name to the
school’s might make raising the money easier. The University of Chicago
renamed its business school the Booth School of Business in 2008 after
entrepreneur and alumnus David Booth donated $300 million to the
school. Indeed, of top business schools, only Stanford, Harvard,
Columbia and Yale have business schools without secondary titles.

Yale officials said they will not follow suit. Naming the
building is enough, they say; besides, the value of having Yale’s name
attached to SOM is incalculable.

That said, the precedent for such naming is extensive: The
Wharton School of the University of Pennsylvania bears its name in
honor of Joseph Wharton, an iron manufacturer who donated $100,000 for
the school’s founding in 1881.

http://www.yaledailynews.com/articles/printarticle/27378



    
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