CSU Hayward -- October 10, 2003 The Kresge Foundation Awards $600,000 Challenge Grant For Cal State Hayward Business And Technology Center The Kresge Foundation has awarded a $600,000 challenge grant to California
State University, Hayward, to be used in the final stage of the $10 million
fund-raising campaign for the campus' proposed Business and Technology Center. 'Mark of Distinction' "Having the Kresge Foundation's support is a key to bringing the campaign to a successful conclusion," said Bob Burt, Cal State Hayward's vice president for University Advancement. "It is a mark of distinction to have received 'a Kresge,' and that should encourage both individuals and foundations to help us complete this important project.""I want to emphasize that the grant is a challenge, not a match," Burt added. "In order to receive the funds we must both raise the balance of our campaign goal by Oct. 1 of next year while also broadening the university's base of philanthropic support." Prior gifts toward the project range from $5 million from the Wayne and Gladys Valley Foundation to the purchase of personalized bricks by more than 500 faculty, staff, students, alumni and friends of the university. "We will use the Kresge challenge grant to encourage others to add their support to the campaign during this crucial phase," Burt said. "Their gifts will help us secure the grant, reach our goal, and build the Business and Technology Center." At the time of its selection in September, Cal State Hayward was one of 99 grant recipients of the foundation in 2003. Last year, Kresge awarded 158 grants worth more than $109 million from among the 565 proposals it received. The Kresge Foundation is an independent, private foundation headquartered in Troy, Mich. created by the personal gifts of Sebastian S. Kresge. It is not affiliated with any corporation or organization. Campus Technology Headquarters The Business and Technology Center will serve as a campus headquarters for technology-enhanced teaching, learning and research in several academic disciplines. The 67,000 square foot facility will provide a "state-of-the-art" home for the College of Business and Economics and programs in engineering, multimedia production, K-12 teaching and learning technology, science and online degree programs.When the center is built, students will have access to sophisticated computer and digital imaging equipment, and "cutting-edge" technology systems. It will include a high-performance wireless and fiber-optic backbone with interconnectivity among several high-tech classrooms to 11 resource centers. A major feature will be a 240-seat presentation center with multimedia and video-conferencing facilities available to the campus and the community. Students will have access to wireless computer networking and communication connections with local businesses, the university's Contra Costa Campus in Concord, and regional CSUH learning facilities in Oakland, Alameda, and San Ramon. They will enjoy satellite connections to the university's international learning centers in Moscow, Austria, Hong Kong, Beijing and Singapore. The Business and Technology Center also will become the new hub for the campus-wide technology infrastructure. Media Contacts: Kim Huggett, (510) 885-2032, or Barry Zepe, (510) 885-3884 |
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