(Photo courtesy of library.up.edu)
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The RISE Campaign has reached over 70 percent of its goal of $175 million.
The University recently announced the donations of the Meyer Memorial Trust and the Collins Foundation for the Wilson W. Clark Memorial Library renovation, which is scheduled to begin in May.
"We still have another two and a half years to go, so we're pretty confident," Jim Lyons, vice president of University Relations, said. "We're on track to meet our goal and also exceed it."
Both the Meyer Memorial Trust and the the Collins Foundations have donated to the University in the past.
"It signifies that they have faith in the University," Lyons said. "Any time a foundation gives you money, they're putting their stamp of approval on you."
The Meyer Memorial Trust, which invests in causes that socially benefit Oregon, donated $250,000. The Collins Foundation, which is an independent private foundation that donates to religious, educational, cultural and scientific endeavors in the state, donated $300,000.
"Ultimately, it's all about creating a new environment for students," Lyons said.
