Campus: CSU San Marcos -- October 27, 2004
Cal State San Marcos College of Business Receives Record
Pledge; Business Building To Be Named After North County Couple
Administrators in the College of Business Administration at California State
University San Marcos announced Oct. 20 that a North County couple, who wish to
remain anonymous at this time, have pledged $5 million to the college. The pledged
gift is the largest to date made to the university at any one time. It provides a
significant start for a $12 million, five-year fundraising campaign on behalf of
"This pledge demonstrates the excitement the North County business community feels
about our vision for the college, and the confidence donors have in our ability
to deliver a program that will enhance the region's business climate. It is an
excellent start for our campaign and signals that we are well on our way to
success," said Dean Dennis Guseman.
In recognition of the couple's support for the college, said Guseman, "we
anticipate announcing within the next few weeks the name of the donors and the
naming of the business building." Guseman explained that the first funding to
become available from the pledged gift would be used for furnishings and technology,
and to upgrade the building lobby and an exterior plaza. Subsequent parts of the
gift will be applied to several projects, including faculty enrichment, student
scholarships and program development.
The pledged gift was announced at a "Beam Signing" Ceremony to mark construction
of the new building. The ceremony was held in Room 102 of Academic Hall on the Cal
State San Marcos campus. Participants at the event, a cross-section of business
and civic leaders from San Diego North County, the public and the university campus,
were able to sign a steel beam that will become a permanent part of the building.
Also announced at the event were approximately $700,000 in other pledges and
donations to the building. Funds have been pledged or donated by Hunter Industries,
Frances Hunter, Mission Federal Credit Union, Teamwork Athletic Apparel, Lusardi
Construction, Design Fabrication, Julia Anthony, Provide-Commerce, Pennysaver,
Grice Lund Tarkington Accounting, Scott Free and the Ecke Family.
The $12 million fund-raising campaign will support projects in faculty enrichment
and program development, as well as student scholarships. Faculty enrichment
projects include recruiting and retention, research support, technology support
and professional development. Program development projects include start-up funds
for a small business entrepreneurship and business development program, a
leadership center, and business community programs.
The 75,765 square-foot business building will house the College of Business,
including 88 faculty offices, 33 classrooms, a computer lab and electronic library
carrels to connect to the Kellogg Library. The building will also house the
departments of communication, economics and political science. Construction began
last spring and the expected date of completion is May 2006. The building,
estimated to cost $26.8 million, is being built by C.E. Wylie Construction Company
of San Diego. The architect is A. C. Martin of Los Angeles, who designed the
Graduate School of Business for USC. Funding for $3.4 million worth of equipment
was included in Prop. 55, which was approved by California voters in March 2004.
The fund-raising campaign is ongoing. For information or to participate, contact
Dale Wallenius at 760-750-4270.