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"This is an amazing accomplishment," campaign Chairman Matthew Rose, a TCU trustee and CEO of Burlington Northern Santa Fe Corp., said in a written statement.
The $200 million that The Campaign for TCU has raised includes 41 gifts or pledges of $1 million or more. Major donors include the Amon G. Carter Foundation, and Paul and Judy Andrews of Fort Worth.
The Carter Foundation lent its support because TCU provides the region with jobs, education, sporting events and cultural activities, said John H. Robinson, foundation executive vice president. The foundation donated $2.5 million in 2007 to help build a residence hall and $2 million more last year, with most of that gift going for architectural drawings and plans for the renovation of TCU's Amon G. Carter Stadium. The foundation has pledged a total of $15 million toward the project.
"The university is an integral part of this community," Robinson said.
Paul Andrews, a TCU alumnus, founded TTI Inc., an electronic component distributor that was sold to the Berkshire Hathaway Group in 2007 for an undisclosed sum. The Andrewses donated $8 million last year.
The campaign began in 2005 with the support of the school's board of trustees. A group of 25 volunteers was later recruited.
Organizers envisioned that TCU would create a "world-class, values-centered university experience." Values-centered is defined broadly as creating ethical leaders who will address significant social issues and who can think for themselves, said Don Whelan, TCU chancellor for university advancement.
Volunteers then approached the university's "closest friends": people, foundations and other organizations who would likely have the money and willingness to contribute. By the time the public portion of the campaign was announced in April 2008, TCU had already raised 60 percent of its goal, Whelan said.
About 70 percent of TCU's faculty and staff have donated money, as have all the trustees, he said. The biggest share of the money, 37 percent, comes from alumni, followed by foundations at 33 percent.
The campaign will continue through 2012.
The money will fund scholarships, faculty positions, and research and building projects, TCU officials said. It will all have a ripple effect, Whelan said. TCU now employs 1,752 people.
"People know what's good for TCU is good for Fort Worth and the region," he said.
GENE TRAINOR, 817-390-7419
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