College of Business and
Economics Announces $15 Million Campaign
Campaign to help build the new Steven
G. Mihaylo Hall and create endowment for student scholarships,
academic programs and centers.
October 18, 2005 :: No. 49
Anil Puri, dean of Cal State Fullerton’s
College of Business and Economics, today announced
a $15 million campaign to help build the college’s new
home, Steven G. Mihaylo Hall, and to create endowments for
student scholarships, academic programs and centers. Puri
made the announcement at the 2006 Economic Forecast co-sponsored
by Cal State Fullerton’s College
of Business and Economics and the Orange County Business
Council.
Joining Puri at the podium were Inter-Tel CEO
Steven G. Mihaylo, the Class of ’69 CSUF alumnus responsible
for a leadership gift of $4.5 million in cash and pledges,
and Emulex CEO Paul Folino, who launched the campaign with
a commitment of more than $1 million in support of the business
college’s programs and new building.
“It took 34 years after graduating from
the business school and a five-minute phone call from Dean
Puri to reconnect me with my alma mater,” said Mihaylo,
who chairs the campaign cabinet. “That was two years
ago. My passion for education combined with Dean Puri’s
vision for the business school led to my leadership commitment
for this meaningful campaign,” he added. “Though
my business, Inter-Tel, is in Arizona, it’s my privilege
to work with dedicated alumni and business leaders in Orange
County on this campaign,” he said, introducing Folino.
“I first became involved with this university
when I participated in the Professor for a Day event at the
College of Business and Economics and met Dean Puri. We became
good friends and have been linked at the hip ever since with
a common bond — to improve the quality of education
for the students,” said Folino, who was honored earlier
this year with the Orange County Titan Award at the university’s
10th annual Front & Center gala.
“Today, I serve on the College of Business
and Economics Dean’s Advisory Board and through that
activity, I’ve learned a great deal about the school’s
current goals and its vision for the future. This organization
understands the true value of education and demonstrates it
each and every day through the quality of the curriculum,
the exceptional faculty and the functional applications they
teach,” Folino added.
Together with Mihaylo’s and Folino’s
commitments, the campaign has garnered $11.7 million in cash
and pledges toward its $15 million goal since the initiative
began in 2002. It’s centerpiece is the five-story, $79
million structure named in honor of Mihaylo, whose $4.5 million
contribution is the most by any individual in the university’s
history.
Campaign donations will help fund construction
of the 195,000-square-foot building, as well as student scholarships,
endowed programs and professorships.
“Thanks to these gifts, reflecting the
generosity of friends of Cal State Fullerton and our college,
our dream of a building to call our own will soon become a
reality,” said Puri, noting that while state funds will
cover the bulk of the construction cost, private donations
are a necessary component of the funding package.
“This building will enable us to provide
a world-class business education and an optimal learning environment
for our students.”
Steven G. Mihaylo Hall will be constructed
on the southeast side of campus between Langsdorf Hall and
the Fullerton Marriott. The building, which will house state-of-the-art
classrooms, computer labs, student support facilities and
faculty offices, is designed to incorporate elements for energy
efficiency.
The College of Business and Economics campaign
is emblematic of the recent efforts CSU campuses have undertaken
in fundraising.
“Unlike private institutions and the
UC campuses, it hasn’t been that long since campuses
in the California State University system got into fundraising
endeavors,” noted Puri. “We are appreciative of
the many community and business leaders who serve on our campaign.”
Along with Mihaylo and Folino, those serving
on the CBE’s campaign cabinet are: Jess Rae Booth, chairman
manager, Alliance Eagle Group; Steve Charton (B.A. business
administration ’71), president of the Charton Group;
Robert B. Grant (B.A. business administration ’66),
retired managing partner of Deloitte & Touche LLP; Joseph
R. Moderow (B.A. economics ’70), retired senior counsel
and vice president, UPS; Richard Muth, president of Orco Block
Co.; Geoffrey S. Payne (B.A. business administration-finance
’80), president of Tahiti Partners Real Estate Development
Corp.; Christopher G. Schmidt (B.A. business administration-accounting
’81), managing partner, Moss Adams LLP; Robert M. Taylor
(B.A. ’67, MBA ’73), president of Real Estate
Marketing and Management Group; and James D. Woods (B.A. business
administration ’67), retired CEO of Baker Hughes.
Groundbreaking
for Steven G. Mihaylo Hall is set for 3:30 p.m. Friday,
Oct. 28. Site preparation begins next month. Construction
is scheduled to begin in spring 2006 with completion set for
2008.
Media Contacts: |
Anil Puri, dean of the College of Business
and Economics, at 657-278-2592 or
apuri@fullerton.edu
Marcia Harrison, director of development
in the College of Business and Economics, at 657-278-4869
or mharrison@fullerton.edu
Pamela McLaren of Public Affairs at 657-278-4852 or pmclaren@fullerton.edu |
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