Holy Cross College Raises a Million Dollars and Meets the Lilly Endowment Challenge
Lilly Endowment Inc. generously agreed to give Holy Cross College $1 for every $1 raised until $1 million was collected, or until December of this year. Holy Cross College is proud to announce the $1 million challenge has been met!
The Holy Cross College family has pulled together and made their donation dollars double! As they’ve been giving, Lilly Endowment has been matching, and now the students of Holy Cross College will reap the $2 million reward.
“We are truly blessed to have loyal and dedicated benefactors. Through their generosity we were able to meet and exceed the challenge set forth by Lilly Endowment, and do it early!” says Patricia Falvey, Vice President for Advancement at Holy Cross College.
The $1 million given by the Holy Cross College family goes to whatever the individual donor has designated, but the $1 million match from the Endowment has been designated to go toward building a student recreation center. The College plans to build a $5.5 million facility, and after the Endowment match, is only about $1.5 million from reaching the funding goal.
Building the facility is a top priority for Holy Cross College administrators because the College kicks off an athletic program this fall and has joined the National Association of Intercollegiate Athletics. The first teams, men’s and women’s cross country, begin competition this fall. A men’s and women’s soccer program is scheduled to launch in fall 2007.
Published 8/7/2006 by Sara Kassen