The University of Minnesota has announced an $8 million lead gift, made by James R. and Carmen D. Campbell, to fund the extensive renovation and modernization of the century-old building that houses the globally celebrated Institute of Child Development (ICD) on the U’s Twin Cities campus.
“We believe there’s nothing more important than investing in children’s development during these critical early years,” says Carmen Campbell, a 1964 graduate of the University’s College of Education and Human Development. “Those first years shape a child’s chances for success in school and in life. The Institute of Child Development solves the real-world challenges facing children during this formative time and educates the teachers who work with kids in communities and bring their knowledge to benefit families in Minnesota, and around the world.”
The Campbells’ gift is the latest and the largest in a private fundraising campaign to generate a portion of the total needed to bring the home for the University’s most-celebrated child development programs in line with modern standards. In addition to private fundraising efforts, the University’s Board of Regents approved accelerating plans to include the new home for the ICD in the state’s bonding process.
“From birth through pre-school, when we—as a society—invest $1 in a child, it saves us more than $16 in future costs,” said Jim Campbell, a 1964 graduate of the University’s Carlson School of Management. “Carmen and I couldn’t think of a better investment in the future of our state and our world. We are so pleased that others in our community have also stepped up with their commitments and we look forward to working with state leaders as they consider this critical investment in our children.”
As U of M graduates, the Campbells have been generous volunteers and supporters of their alma mater, having now invested countless hours and more than $16 million in the University.
- The campaign, which includes all five University campuses, will rank among the top five campaigns of public universities nationwide.
- A College of Design alumnus and spouse have committed $3 million to support graduate students studying landscape architecture.
- 3M’s $26 million investment in the Driven campaign includes a new $8 million commitment to support scholarships and outreach programs.
- Minnesota Masonic Charities accelerates its pledge payments and provides an influx of $25 million for the Masonic Cancer Center to use over the next two years.