The Columns

Washington and Lee Concludes $542 Million Campaign

— by on July 15th, 2015

Washington and Lee University in Lexington, Virginia, concluded its seven-year campaign on June 30, raising $542.5 million, 8 percent more than the $500 million goal.

“Honor Our Past, Build Our Future: The Campaign for Washington and Lee” is believed to be the second-largest by a liberal arts college. It was launched during one of the country’s worst economic periods but successfully followed its original timeline and campaign plan.

“We were confident in our plan and potential,” said Dennis W. Cross, vice president for university advancement. “The university’s 2007 strategic plan was not going away and, in fact, became more important than ever. We knew hesitating would hurt momentum and delay or sidetrack the fulfillment of strategic priorities.”

The campaign focused on five areas: scholarships and financial aid; faculty support and competitive compensation; programs that foster learning, engagement and character; selected renovations and new facilities; and growth of the Annual Fund.

Accomplishments of the campaign include:

Washington and Lee University President Kenneth P. Ruscio expressed his appreciation for all those who made the campaign a success. “We have much to celebrate,” he said. “The generous support of our alumni and friends demonstrates both their loyalty to and confidence in the University.”

Philip W. Norwood of Charlotte, North Carolina, rector emeritus and a member of the Class of 1969, and Warren A. Stephens of Little Rock, Arkansas, a member of the Board of Trustees and a member of the Class of 1979, served as campaign co-chairs.