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Centre College announces $200 million capital campaign

Posted by Centre College in Announcements 30 Jan 2015

Centre College has officially launched a $200 million capital campaign in support of student scholarships and financial aid, faculty and academic programs, capital improvement funds, and annual support. The Third Century Campaign, announced publicly for the first time at Centre’s annual Associates Dinner in Louisville on January 30, 2015, aims to prepare the College for a third century of service and will conclude in January 2019 during Centre’s bicentennial.

The Third Century Campaign seeks $130 million in endowed funds for student scholarships and financial aid; $35 million in support of faculty and academic programs; $25 million in support of Centre’s campus; and $10 million in annual fund gifts.

According to Third Century Campaign Chair James C. Seabury, III ’87, of Nashville, Centre raised $116,457,494 million—more than 58 percent of the campaign’s goal—during the campaign’s “quiet phase,” a period of leadership gift solicitation.

“Thanks to several of Centre’s most generous donors, the Third Century Campaign is off to a phenomenal start,” Seabury said. “Their support represents an investment in Centre’s longstanding commitment to putting the best student in front of the best faculty in the best educational environment, regardless of the student’s financial background. Now it’s time for our other loyal supporters to make their own investments in Centre’s future.”

During the campaign kickoff, Vice President for College Relations Richard Trollinger discussed two new scholarship programs made possible by the Third Century Campaign. One, the Grissom Scholars Program, is already in place. The other, the Lincoln Scholars Program, will be created when the $20 million Lincoln Challenge is matched by the contributions of other donors.

The Grissom Scholars Program will provide ten full-tuition scholarships in each class and additional educational enrichment funds for high achieving first-generation college students. The first class of the Grissom Scholars Program will enroll in fall 2015.

When fully funded, the Lincoln Scholars Program will provide ten full-ride scholarships in each class, covering room and board, fees, books, and enrichment funds for study abroad, internships, or undergraduate research. Recipients of this scholarship will have the capacity and a deep desire to change the world.

“Initiatives like these are the legacy the Third Century Campaign will leave to benefit Centre’s future. Not only do they allow the College to continue to attract the nation’s best and brightest students, they also ensure that the Centre brand of education is not a privilege for the privileged.” Trollinger said. “We are excited about the role the Third Century Campaign will play in preparing Centre for a third century of service.”

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