LAU’s Gala Dinner commemorates successful fundraising campaign
Friends of the university gather once again at this annual celebration to offer needy and deserving students a unique academic opportunity.
More than 700 guests including business leaders, politicians, philanthropists, and community members, along with the university’s faculty and staff attended LAU’s fifth annual Fundraising Gala Dinner yesterday at BIEL. The event celebrated the close of the university’s $100 million Fulfilling the Promise campaign, and raised scholarship funds for needy and deserving students.
“Each and every one of you made LAU a dream come true. A dream that has been marked by a great deal of excitement and by a greatness in serving the other, in serving each other, in serving society, in serving our beloved Lebanon,” said LAU President Joseph G. Jabbra during his opening speech.
The theme of this year’s event was focused on the success and achievements of the university’s second fundraising campaign. One major achievement was hitting the campaign target one year ahead of schedule and raising a total of $103,995,135―just $4,865 shy of $104 million.
This feat was made possible through 6,245 donations from 3,733 supporters including alumni, friends, and corporations, among many others. These gifts have allowed the university to stay devoted to its promise made clear during the campaign: to remain committed to strengthening academics and becoming a world-class institution.
In addition to paying tribute to the campaign’s success, and all those who made it possible, guests came together to recognize Fouad Makhzoumi’s recent $3 million contribution toward the LAU Fouad Makhzoumi Center of Innovation that is set to launch in spring 2017. The center will focus on educational and training activities in the field of innovation including regular international conferences, scholarly workshops, lecture series, and international research to foster creativity and innovation.
All proceeds from the gala ticket sales and sponsorships are destined for the Gala Dinner Endowment Scholarship Fund, which typically raises $1 to $2 million each year, and is one of the many ways the university enables its students to receive an excellent education regardless of their economic standing.