FEATURE // SPRING 2014
Victors For Michigan: Victory For Ross
Campaign Off To A Strong Start
A new capital campaign aims to ensure
that Michigan Ross can continue to fulfill its
unique mission while remaining one of the
world’s best business schools.
That requires state-of-the-art facilities,
first-class programming, top-flight faculty,
and the best and brightest students.
The $400 million "Victors for Michigan:
Victory for Ross" campaign — part of a
$4 billion University of Michigan effort
— formally began in the fall with a kickoff
dinner. A previously announced $200 million
gift to the university from Stephen M. Ross,
BBA ’62 — with $100 million dedicated to the
business school — gave the campaign a head
start and went a long way toward covering
the drive’s $135 million target for facilities.
However, that still leaves a lot of critical
work to do.
"Our campaign goal is to
ensure that the school has the
financial resources needed to
preserve and improve upon
the great tradition at Ross."
— Eddie Sartin, Chief Development Officer,
THE ROSS CAMPAIGN IS NOW EMPHASIZING THREE AREAS:
1. STUDENT SUPPORT — ensuring
that qualified students have the financial
resources to attend the school, a major focus
at Ross and throughout the university
2. PROGRAM SUPPORT — advancing the
Ross mission by enhancing and expanding
opportunities in areas like action-based
learning and study abroad
3. FACULTY SUPPORT — continuing to
attract and retain educators who provide
leadership in their fields, and who make a
lifelong positive impact on their students
"We've got to continue to innovate our
programs, further develop our faculty,
and provide the resources to make Ross
attainable for students who may not
otherwise be able to afford it," Sartin says.
The campaign is off to a strong start, Sartin
says, and he expects the school to announce
between $15 million and $20 million in
additional large gifts by the end of the fiscal
year, June 30, 2014.
One such gift is $1 million from the Desai
Family Foundation, earmarked to develop a
business accelerator in Southeast Michigan.
The donors hope it will involve the new
digital economy as well as the Michigan
automotive/manufacturing sector, explains
Bharat Desai, MBA '81.
The family felt inspired to make the gift
because they like to support causes that will
have solid and widespread positive impact,
and they saw a chance to do so at a "truly
outstanding institution," Desai says.
The accelerator — a joint venture of
the Samuel Zell and Robert H. Lurie
Institute for Entrepreneurial Studies and
the College of Engineering’s Center for
Entrepreneurship — will offer infrastructure,
mentoring, and financial support to qualified
start-up companies. That support will help
the companies become established and start
growing on their own.
Desai knows something about succeeding as
a startup; he co-founded and still serves as
chairman of Syntel Inc., which has grown into
a major worldwide IT services company.
Combined with the world-class resources
and reputation of the University of Michigan,
Desai envisions the accelerator becoming a
place that will attract interest from around
the globe. "This is a terrific opportunity for us
to kick-start some great ideas for the state of
Michigan", he says.
Anyone interested in finding out more about
Victors for Michigan: Victory for Ross may
contact Sartin at email@example.com
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