school kicks off capital campaign
March 1, the Graduate School of Business
launched a $175-million, five-year capital campaign. At a black-tie
celebration held at Ida Noyes Hall, Dean Robert S. Hamada outlined
the needs behind the campaign: increased research funding and
endowed professorships, interdisciplinary research, scholarships
and student programs, and a new GSB complex that will bring
the school's classrooms, faculty offices, research space, and
support services under one roof for the first time.
"This venture is
integral to the plans of the entire institution," Hamada told
guests, "and it will succeed because we have the unreserved
commitment of our leadership."
The campaign is
being led by University trustees Dennis J. Keller, MBA'68, and
Andrew M. Alper, AB'80, MBA'81, who announced that over $80
million has already been raised. Keller--the chair and chief
executive officer of DeVRY Inc. and cofounder of Keller Graduate
School of Management--has pledged $25 million to the campaign.
Alper, chief operating officer of the investment-banking division
of Goldman, Sachs & Co., and his wife, Sharon Sadow Alper, AB'80,
JD'84, will give $5 million.
Three more leadership
gifts were also announced at the celebration: Robert Rothman,
MBA'77, chair and chief executive officer of Black Diamond Capital
Corporation in Tampa, Florida, announced a major gift of $12
million. James M. Kilts, MBA'74, president and chief executive
officer of Nabisco, is giving $2 million in conjunction with
Nabisco to endow the Kilts Center for Marketing, while Jerry
W. Levin, MBA'68, chief executive officer of Sunbeam Corporation,
plans to endow a professorship.
Viñoly was on hand to show his preliminary design for the new
GSB complex. Rafael Viñoly Architects PC, which has offices
in New York, Tokyo, and Buenos Aires, beat five other firms
in a competition to select an architect for a building whose
site offers a special challenge. The southeast corner of 58th
Street and Woodlawn Avenue--Woodward Court's current location--calls
for a building that can hold its own while also complementing
two landmark structures, Robie House and Rockefeller Chapel.
"In addition to
creating high-quality designs, Rafael Viñoly is well known for
using an interactive design process, openly sharing information
and responsibility, and building consensus," Hamada said. "He
also is known for his responsiveness to the surrounding environment
while refusing to imitate a particular architectural style."
A committee of GSB
faculty, staff, students, and alumni boards; University trustees
and officers; and non-GSB faculty selected Viñoly. Born in Uruguay,
Viñoly was educated at the University of Buenos Aires and settled
in New York City in 1979. Among his notable works are Boston's
Convention and Exhibition Center, the Philadelphia Regional
Performing Arts Center, and Princeton University Stadium. In
1989, his design was selected from 395 submissions for the Tokyo
International Forum, an exhibition hall and conference center.
The four-year, $1.5- billion project opened in January 1997
to critical acclaim.
Planned for completion
in 2003, the four-story GSB complex will replace the school's
existing four buildings on the main quads and include classrooms;
study space; student activity areas; and faculty, recruiting,
and administrative offices. Incorporating cutting-edge technological
advancements, the structure will include a glass atrium with
a winter garden and an exterior courtyard. The downtown Gleacher
Center will continue to house part-time M.B.A. classes and other