Athens, Ga. – The University of Georgia Terry College of Business has launched the public phase of its Building Terry campaign, which is the most ambitious campaign for an individual college or unit in UGA history. The Building Terry campaign will raise $90 million in private funds for faculty and academic program support and for funding toward new facilities to completely replace the college’s home in Athens.
“It is so gratifying that we, as supporters of the Terry College, can help ensure that our students have the type of facilities needed to deliver a 21st century business education,” said Dan Amos, chair of the Building Terry campaign cabinet and CEO and Chairman of Aflac Inc. “Students are what this capital campaign is all about.”
Launched on April 27 at Terry’s annual Alumni Awards and Gala in Atlanta, the public phase of the Building Terry campaign seeks to raise $10 million for faculty support, $10 million for program support and $70 million in private funds toward a public-private partnership with the state of Georgia to build new facilities that will be tailored to the collaborative way students learn today.
The Business Learning Community, designed by Robert A. M. Stern Architects of New York in association with Rule Joy Trammell + Rubio LLC of Atlanta, will provide state-of-the-art classrooms, project team rooms, student organization space and places for informal and formal student, faculty and alumni interactions such as networking and career opportunities.
To be built in three phases, the Business Learning Community will be located at the intersection of Lumpkin and Baxter streets. On April 26, the university held a groundbreaking ceremony for the first phase of construction, Correll Hall, named in honor of Terry alumnus and former Georgia-Pacific CEO A.D. “Pete” Correll and his wife, Ada Lee. Correll Hall will be the new home of Terry’s graduate programs. The 75,000-square-foot structure will also house MBA career services, the full-time MBA program and the dean’s suite.
“Our vision for Terry is national prominence,” said Robert T. Sumichrast, dean of the Terry College. “With the nation’s 13th highest score for student satisfaction, Terry has continued to improve in national rankings, both in terms of student experience and placement upon graduation. We are moving in the right direction, but challenges remain, and that’s why the Building Terry campaign is important for Terry’s future.”
During its quiet phase, the Building Terry campaign raised $80 million, of which $32 million came from five alumni: Dan Amos, chairman and CEO of Aflac Inc.; A.D. “Pete” and Ada Lee Correll; retired steel executive Phil Casey; Terry College benefactor Mary Virginia Terry; and an anonymous donor. In addition, the campaign cabinet, the Terry Dean’s Advisory Council, and the Terry Alumni Board have all contributed to the campaign with 100 percent participation.
“I am so proud,” said Amos, “to announce that we have received the largest single gift in the history of the College-$10 million. And we have also secured the college’s first six-figure gift from a young alumnus under 35-years-old.”
Building Terry is a national campaign, with alumni representatives in 11 areas across the country charged with helping the college raise funds. Those areas are: Northern California; Southern California; Dallas, Texas; Houston, Texas; Miami, Fla.; Jacksonville, Fla.; Charleston, S.C.; Charlotte, N.C., Nashville, Tenn.; Washington, D.C./Virginia; and New York, N.Y.
For more information or to make a donation to the Building Terry campaign, see building.terry.uga.edu