Campus: CSU Chico -- December 03, 2001
CSU, Chico Exceeds Goal in Campaign to Raise Scholarship Funds
California State University, Chico has successfully concluded its first
long-term fund-raising campaign, a three-year effort to raise money for
scholarships to benefit CSU, Chico students.
While CSU, Chico set a $10 million goal for the campaign, President Manuel
A. Esteban has announced that the university has raised $16,713,496 for
The money raised will go toward scholarships for students who have a financial
need as well as students who merit aid because of outstanding academic
achievements and talents.
"Although we still have additional need, and thus we cannot stop
fundraising, we can declare with great pride that we have reached our
goal for this campaign," Esteban said.
Ed Masterson, associate vice president for university advancement, said
hundreds of individuals contributed to the campaign. Contributions from
donors were made in the form of testamentary bequests, irrevocable trusts,
and cash, he said.
"This is the first major campaign we've undertaken. We surpassed
our goal, and it is a tremendous credit to the many alumni, parents, friends,
foundations and businesses who contributed to the campaign," said
Esteban and Steve Nettleton, owner of the Chico Heat and a long-time financial
supporter of the university, were co-chairs of the campaign. The campaign
title was "Fulfilling the Promise," referring to the goal of
assisting as many students as possible in fulfilling their dreams of a
quality college education.
Newly raised funds will support a variety of need-based and merit-based
individual scholarships. In addition, the campaign will benefit the President's
Scholars Awards, an annual spring event where roughly 200 high school
students take a test to compete for scholarships. In 2001, 10 high-scoring
students received $12,000 each for four years of study, and another 12
received $1,000 each.