The Transformational gift

in the world of philanthropy, when american universities conduct billion dollar campaigns, taking their institutions to the “next level” every five to seven years, it is no surprise some schools attract mega-gifts termed “out of this world.”

During the association for Veterinary advancement Professionals meeting at american Veterinary medical association’s national convention in July, a new buzz word emerged. Some veterinary schools are receiving transformational gifts.

So what is a transformational gift? a $50 million gift to endow research flasks would not fit the description, although the amount is astronomical enough. However, a $50 million gift to endow the operational budget would truly transform a school’s ability to advance its plans. Transformation, however, is in the details. What would one expect from all that money? more annual scholarships? more faculty chairs and professorships? more of what?

Å $50 million would endow the college’s operational budget and name the Center after the donor;

Å $30 million would build a new academic center;

Å $30 million would endow the teaching hospital’s operational budget and would name the area of campus that includes the teaching hospital and the diagnostic laboratory:

Ñ $10 million to endow the Equine Hospital Area

Ñ $10 million to endow the Small Animal Hospital Area

Ñ $10 million to endow the Large Animal Hospital Area

Philanthropy could transform Oklahoma State University. Just ask us about the plan! We think that would be out of this world.