Our greatest annual need for funding is in the area of general operations. Our state budget for operations is simply not adequate for a top-10 engineering program. We raise most of our operational funds on our own, through indirect charges on our research grants, but this is also inadequate for operations. Thus, we rely more than ever on our friends & alumni for operational funding.
To support this area of greatest need, we have initiated a permanent operational endowment fund and we are steadily building the endowment, primarily with small gifts. Thus, funding provided for our operational endowment is not expended this year, but in fact is put into the operational endowment to provide our department with a brighter future for perpetuity. To aid us in soliciting funds for this endowment, we commissioned the Excellence Fund sculpture, which has been installed on the wall in Durham Hall right outside the departmental office suite.
How to become a Benefactor, Patron, and Sponsor
We are looking for a total 16 'Benefactors', 36 'Patrons', and 240 'Sponsors' to support this project. The names of our Benefactors will appear prominently on the large brass plaques and the names of our Patrons will appear on the brass plaques on either side of the sculpture. Our Sponsors names will appear on the surrounding bronze plaques.
Annual contributions to support the 'Excellence Fund Project' at the three levels are:
- Benefactor: Minimum contribution of $5,000 annually
- Patron: Minimum contribution of $1,000 annually
- Sponsor: Minimum contribution of $250 annually
You can also buy multiple plaques for husband, wife, children, or 'in memory of...', etc.
How to contribute to the Excellence Fund
To support this very critical activity, simply designate your gift as "ISE Department Excellence Fund: 860130" through the Virginia Tech secure online pledge form.