Tuesday, June 15, 2021

Baylor "Give Light" Campaign Passes $1 Billion Mark

Today's NonProfit Times is reporting that Baylor University, a private Baptist university based in Waco, Texas, has raised $1 billion toward the $1.1 billion goal of its Give Light Campaign. The campaign is a capital improvement effort geared toward improving all aspects of campus life, including academics, athletics, service learning and student life. 

According to the Times report, the campaign went over the $1 billion mark with a $7-million donation from philanthropist Paula Hurd. This $7 million gift, the most recent from Hurd and her late husband Mark, will be put toward the Baylor Basketball Pavilion, which will house Baylor’s men’s and women’s basketball program. Baylor will recognize the most recent gift by naming one level of the pavilion the Mark and Paula Hurd Floor at the Baylor Basketball Pavilion. Sports lovers may recall that earlier this year, Baylor’s men’s basketball team won its first NCAA Basketball Championship.

Baylor University states that the Give Light Campaign seeks to further activities that provide an “unambiguously Christian education environment;” create transformational undergraduate education experiences; boost the impact and visibility of Baylor’s research and scholarship; and foster nationally recognized arts and athletics programs.

The NonProfit Times continues in its report:

The Hurds had kicked off the Give Light Campaign in November 2018 with a gift of an undisclosed amount. The Hurds’ inaugural gift for the Give Light Campaign followed a silent fundraising phase started in May 2014. That phase raised $540 million toward the overall $1.1 billion goal. The November 2018 gift was large enough to give the Hurds naming rights to the Mark and Paula Hurd Welcome Center, a $60 million project that broke ground in February 2020. It also funded the Baylor Basketball Pavilion and the Football Operations Center.

Construction on the Welcome Center is scheduled to begin this month, and is targeted to be finished by May 2023. In addition to substantial infrastructure investment, Baylor has created more than 582 scholarship funds as part of the campaign since its beginning.

Paula Hurd is a graduate of the University of Texas; her late husband, Mark Hurd, attended Baylor on a tennis scholarship and earned his Bachelor of Business Administration in 1979. Mr. Hurd died in 2019 at age 62.

Prof. Vaughn E. James, Texas Tech University School of Law

 

https://lawprofessors.typepad.com/nonprofit/2021/06/baylor-give-light-campaign-passes-1-billion-mark-.html

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