UST Chair of Board Kicks off Capital Campaign with Donation
Launching early fundraising efforts for the University of St. Thomas’ next capital campaign, Board of Directors Chair Michele Malloy planted a seed for giving at the board’s annual meeting last June with a challenge: “I am my father’s daughter and I am pledging $750,000. What are you going to do?”
Malloy was referring to a similar challenge presented to board members by her father, Eugene Malloy, in the mid-1980s when he was on the UST Board. Eugene Malloy and his wife, Felice “Flip”, donated $100,000 to UST’s Annual Fund during a time when the University experienced a significant drop in enrollment and due to the local economic downturn was forced to eliminate its nursing program and cut degree options and courses.
Not only has UST recovered from those troubled times, today it is thriving and in need of further expansion. A capital campaign to be officially announced in 2013 includes building a Center for Science and Health Professions, a Performing Arts and Conference Center and comprehensive support for faculty and students.
“I want this capital campaign to be successful, so I have to get out there and do it first,” said Michele Malloy, a long-time advocate of UST who has served on its various committees and boards since 2002. “This is definitely intended as one of the lead gifts for the capital campaign.”
Michele Malloy’s donation is one of several to UST from the Malloy family. Gifts also include $1 million for the 2001 construction of Malloy Hall, which houses offices and classrooms for the Education, English and Modern and Classical Languages programs as well as the UST boardroom. This gift was spearheaded by her brother Dennis Malloy during his tenure as as chair of the University’s development committee and member of the University’s Board of Directors. Contributors included Felice “Flip” Malloy, Michele Malloy, Dennis Malloy and his wife, Virginia. The family also established an endowed scholarship fund honoring Felice “Flip” Malloy.
UST raised $67 million for its last capital campaign, which significantly boosted academic and physical development for the University; it will eventually span nearly 20 city blocks. Its current enrollment is 3,520 and represents students from 31 states and 59 countries. It has been ranked in the top tier of the region by U.S.News & World Report for the past 17 years.
“We are laying the groundwork for the next capital campaign and moving closer to our vision for becoming one of the nation’s great Catholic universities,” said Ken DeDominicis, vice president of the Office of Institutional Advancement. “With support of the entire Houston community, we are confident we will be successful.”