The St. Anthony Hall Capital Campaign
As part of the much anticipated 150th Anniversary celebration, St. Anthony Hall will undertake a $1.5 million capital campaign. It is estimated that $500,000 will safely cover all house improvements, retire the debt, and pay for the cost of the campaign (see Table). The remaining $1 million will be held in trust and managed by the Alumni Association, with the income to be available only for the future maintenance, repair, and rehabilitation needs of the house, thereby insuring its health and stability well into the 21st century.
Identified/immediate renovation needs – $150,000
Unidentified / budgeted renovations needs – $100,000
Debt repayment – $30,000
Architect and Engineering – $20,000
Enhancements to Chapter Meeting Rooms – $50,000
Cost of the Campaign and Reunion – $150,000
Total – $500,000
Gifts to this campaign will be made to the University of Virginia Fund to benefit St. Anthony Hall. Pledges will be accepted for multiple years, but we will ask that all underlying payment be made by the end of the 2010/2011 academic year. Beyond the leadership gifts, we also hope to achieve a 15% participation rate from our 750 active alumni brothers. It will take both leadership gifts and grass roots support to make this a success.