IU Athletics Sets 'Historically Ambitious' Goal

Posted: Updated:
Projects include the previously-announced, $45 million Simon Skjodt Assembly Hall Renovation. Projects include the previously-announced, $45 million Simon Skjodt Assembly Hall Renovation.
BLOOMINGTON -

Indiana University has announced an athletics fundraising campaign aimed at raising $170 million for scholarships and an ambitious slate of capital projects. The effort is part of the school's $2.5 billion "For All: The Bicentennial Campaign for Indiana University" effort.

The school says the scholarship portion of the campaign will include general support as well as named or endowed scholarships which could be eligible for matching funds under certain conditions. The scholarships cover tuition, room and board, books and fees for student athletes.

The university says a successful campaign will also result in "transformative and differentiating facilities" to help students compete for Big Ten and national championships and "to be prepared to succeed in life as well." Planned projects include the previously-announced, $45 million Simon Skjodt Assembly Hall Renovation, which is set for completion by the 2016-2017 basketball season, and the $5 million Mark Cuban Center for Sports and Media Technology. Other initiatives include a $50 million "South End Zone Excellence Academy" and football facility renovations at Memorial Stadium, a $15 million indoor arena for volleyball and wrestling, $11 million in golf course upgrades and the $6 million renovation of the Armstrong Stadium soccer facility. The school expects all of the projects to be complete by the Bicentennial year of 2019-2020.

Athletic Director Fred Glass says the campaign will "help establish this as a new Golden Age of Indiana University Athletics." The campaign's steering committee includes Quinn Buckner, Kem Hawkins, Jeff Cohen, Cindy Simon Skjodt, Steve Henke, Ned Pfau, Larry Rink and Wayne Radford. Honorary co-chairs representing IU sports include Ashley Benson (volleyball), Derek Drouin (track and field), Antwaan Randle El (baseball, men's basketball, football), Victor Oladipo (men's basketball), Cody Zeller (Men's basketball) and Trent Green (football).

  • Perspectives

    • Putting Your Best Foot Forward, And Not in Your Mouth

      Once every quarter, CEOs and CFOs of public companies feel their pulses quicken and their temples throb as they stare at the boardroom's speakerphone. In moments, they'll be connected to dozens of analysts and investors, many who are eager to question their competence. Even the savviest, most confident C-level leaders dread those calls. So much rides on what they say and how they respond to the questions they'll receive.

    More

Events



  • Most Popular Stories

    • (file photo courtesy Indianapolis International Airport)

      Indy Airport Looking Into Possible New Hotel

      Officials continue to test the waters regarding a potential new hotel at the Indianapolis International Airport. The Indianapolis Airport Authority has issued a Request for Expression of Interest in an effort to further explore the possibility of constructing a hotel next to the airport terminal parking structure. The IAA says it will use the process to take into account the impact an airport hotel would have on the surrounding hotel markets and how this would impact the...

    • Manufacturer Adding Production in Daviess County

      Florida-based ISOFlex Packaging will Tuesday celebrate the opening of a third production line at its facility in Daviess County. The company, which produces specialty plastic films and bags, will add a small number of jobs as a result. The company has invested more than $4 million into the new production line. The facility originally opened in 2014 following a $25 million investment by Alliance Barrier Films, which was acquired by ISOFlex in January.

    • Infosys Picks Indy For Training Center, 1K Additional Jobs

      Inside INdiana Business has learned that India-based tech giant Infosys (NYSE: INFY) will house a USA Training Center at the old Indianapolis International Airport site. The plans involve 1,000 new jobs, on top of the company's previous commitment of 2,000 jobs as part of its downtown technology and innovation hub. Vice President Mike Pence will join Governor Eric Holcomb and others for the official announcement Thursday in Indianapolis.

    • (Image courtesy of Purdue University Northwest.)

      Reverse Transfer Deals in Place Among Ivy Tech, Five Universities

      Five universities in Indiana have signed reverse transfer agreements with Ivy Tech Community College. President Sue Ellspermann says the announcement moves forward Ivy Tech's goal of issuing 50,000 certificates, certifications and degrees per year. She adds "this agreement ensures students receive the degree they have earned, providing them a meaningful credential from which working students can get a better job and, as research in other states has found..."

    • Christopher Jensen

      Elanco Names CFO

      Greenfield-based Elanco Animal Health has named Christopher Jensen senior vice president and chief financial officer. He most recently served as CFO for Celanese Corp. Jensen's previous experience includes financial planning and analysis, treasury, tax, accounting, financial shared services, audit and IT.