Stockton campaign reaches $20.4 million goal, two years early

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GALLOWAY – Richard Stockton College’s comprehensive campaign reached $20.4 million at 32nd Annual Stockton College Scholarship Gala – attaining a goal set for 2014.


 

The campaign supports all aspects of Stockton’s mission, programming, facilities, and student scholarships.

“The Gala is always a night to celebrate and this year we have an extra incentive to do so,” Stockton President Herman J. Saatkamp Jr. said at the Gala in the Borgata Hotel, Casino and Spa. “Our community and our alumni responded in an overwhelmingly positive way to our first comprehensive campaign. The philanthropic support of Stockton and our students is real and tangible, helping deserving students receive quality education and attain their degrees.”

The campaign was announced last September during the kickoff to the college’s 40th Anniversary of Teaching. A goal was set to raise $20 million by June 30, 2014.  However, through the generosity of the community and attainment of several major gifts, that number was eclipsed more than two years prior to the deadline.

“As excited and grateful as we are to exceed our goal, we aim to keep the momentum going into the months ahead,” said Philip T. Ellmore, chief development officer. “The need for scholarship funding has not abated.”

Saatkamp announced that the campaign will continue and will accept gifts for all college-related purposes.

“In addition to the many things that will be generously funded between now and the end of June 2014, we seek to raise at least an additional $2 million in scholarship support,” Saatkamp said, adding the campaign’s importance had never been greater as many families are currently struggling to pay for higher education in a difficult economy while New Jersey’s public colleges have suffered 20 years of declining state funding.

“Many of our students are highly qualified, yet would not have the opportunity to pursue their education and aspirations were it not for scholarships and grants,” Saatkamp said. “As a result, private support of Stockton is more important than ever.  Our community has responded to the challenge in a significant way.”

More than 650 attended the Gala, enjoying fine dining, entertainment and a silent auction that raised $450,000. Student scholarship recipients took part in the program and several of their stories were highlighted to provide attendees with examples of how their contributions make a difference.

 


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