A capital campaign to build a $20 million Business and Technology Center at California State University, Hayward was launched Friday evening at a black-tie campus event before an audience of alumni, donors, friends and corporate sponsors.
More than $16 million has been assured so far, including $6 million in private gifts, according to university President Norma S. Rees. At Friday's reception she thanked individual donors as well as the Wayne and Gladys Valley Foundation, which made the lead gift of $5 million to the fund-raising campaign. It is the largest private gift ever made to the university.
Other major gifts announced Friday include $250,000 from Louis Navellier, $100,000 from John and Jodie Hunter, and $100,000 from Pacific Bell. Navellier and Jodie Hunter are alumni and John Hunter serves on the board of the Cal State Hayward Educational Foundation. The Pacific Bell contribution will go toward creation of an information technology lab to help K-12 teachers.
The center is the newest academic building to be constructed at Cal State Hayward since 1971 and will serve as the home of the School of Business and Economics and function as the university's communications hub.
"This is the right project at the right time for the university," President Rees said. "The Business and Technology Center will help us better prepare our students for success in the highly technological world of the 21st century. This facility will greatly enhance our ability to meet the current and future educational needs of the greater East Bay and surrounding communities."
The fund-raising campaign is directed by the Cal State Hayward Educational
Foundation, a volunteer organization of community leaders who provide advice and assistance to the university.
Foundation board of directors chair is Judy Belk, class of '78, former vice president of global public affairs for Levi Strauss. The chairman of the fund-raising committee is Hank Salvo, class of '72, chief financial officer of Robert Mondavi Winery.
"I would like to express my deepest thanks to the Wayne and Gladys Valley Foundation for its strong statement of support for the continued success of Cal State Hayward," Belk said.
Groundbreaking for the project will be late next year. Completion is scheduled for 2004.
| Public Affairs Offices/Campus News
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