David McCart, manager of strategic initiatives, said of the Queen’s Centre’s $230 million expected budget, $130 million is to come from private fundraising. This includes corporate and individual donations.
McCart said he developed a plan in which for every dollar donated, the University will raise a dollar to match it.
“We have identified five to six alumni who … have the ability to commit a total of $65 million,” he said.
McCart said they have already received an anonymous $5 million gift, and hope to hear from other alumni soon.
McCart said they are actively pursuing alumni who have been ive of the University in the past, and who have the capacity to be generous.
“At the same time, and probably of equal importance, we are spending a great deal of time meeting with new alumni who we feel would be interested in ing Queen’s,” McCart said.
In addition to individual contributions, the University is also hoping to form partnerships with corporations for donations on a smaller scale.
“What we’re looking to do is find companies who have an interest in partnering with the Queen’s Centre,” said Ron Satterthwaite, associate vice-principal (advancement).
He said the University is not going to give naming rights to any corporations but is instead looking to provide visibility within the facility.
He said the type of visibility will depend on what the company is interested in and what the University can do.
“It could be business interaction, if there’s an interest in promoting their services, we would discuss that.”
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