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Friday, October 24, 2014

News & Updates

Fundraising for new Ivy Tech campus in Frankfort reaches halfway point

Media Contact: Tom McCool (765) 269-5133

Frankfort – Thanks to a match by the Clinton County Community Foundation, Ivy Tech Frankfort is about halfway to raising the private funds needed to open its doors in time for the fall semester.

“Part of our mission is to encourage philanthropy,” says John Shoup, Chairman of the Clinton County Community Foundation (CCCF). “The response to our $100,000 matching grant was very positive. We are so pleased to join the community in bringing this important project to fruition.”

While the match has maxed out, the Ivy Tech Frankfort Steering Committee credits the CCCF with building momentum that is launching the campaign into its next phase.

“The $200,000 in gifts and matching funds accounts for almost 20% of the initial phase of the campaign,” says Pat Corey, Executive Director of Resource Development for Ivy Tech. “The match has been especially important in broadening the base of support for the project.”

CCCF board member and Clinton County Council President Alan Dunn believes it is significant that most of the funding for the project has not been matched.

“Whether matched or not, people and organizations are giving to this project because they know it is the right step for Clinton County,” says Dunn. “What we hear most is, this is long overdue.”

Corey believes the biggest challenge with fundraising has been providing would-be donors the time and attention they deserve.

“We have been literally overwhelmed with activity,” says Corey. “It is important to take the time to reach out respectfully and meaningfully to people who want to make a difference, even as we build awareness in very public ways and try to meet deadlines.”

The campaign is looking for about $1.2M in additional private funds.

In order to allow the campus to open as soon as possible, fundraising and construction planning have proceeded together. This has meant some adjustments along the way, according to Mayor Chris McBarnes.

“The steering committee for the project has been so encouraged by early fundraising that it entertained the idea of an expanded conference center for the campus,” says McBarnes. “When the architect first proposed the conference center, we wanted to be sure it would be feasible. As it turned out, the design was so compelling that it has boosted fundraising. Now the conference center is seen as integral to this project.”

Clinton County Chamber of Commerce President Shan Sheridan believes that the addition to the building will increase functionality while enhancing the aesthetics of the entire campus.

“One of our goals has been to have the kind of facility that will ‘wow’ prospective employers and other visitors to the county,” says Sheridan. “It has been very gratifying to hear a lot of ‘wows’ from those who live and work here already.’

The most recent project development was St Vincent Frankfort Hospital’s announcement that it is naming the science lab in the classroom building, which will be known as Kaspar Hall.

Mayor McBarnes says that the community can look forward to more announcements in the weeks to come.

“We aren’t resting on our laurels,” says McBarnes. “There are many, many people working behind the scenes to open this campus and it will be a unique reflection of our very generous community. Ivy Tech Frankfort will be a source of pride for generations to come.”

Ivy Tech Community College is the state’s largest public postsecondary institution and the nation’s largest singly accredited statewide community college system serving nearly 200,000 students annually. Ivy Tech has campuses throughout Indiana. It serves as the state’s engine of workforce development, offering affordable degree programs and training that are aligned with the needs of its community along with courses and programs that transfer to other colleges and universities in Indiana. It is accredited by the Higher Learning Commission and a member of the North Central Association.