FOR IMMEDIATE RELEASE 09/14/2007

Bridgewater College Launches $40 Million Capital Campaign

BRIDGEWATER, Va. — On Sept. 14, Bridgewater College launched the public phase of a campaign to raise $40 million for endowed scholarships, academic enhancement, facilities improvements, laboratories, equipment and information technology, and the Bridgewater Fund.

Nathan H. Miller of the Harrisonburg, Va., law firm of Miller Earle & Shanks, is campaign chairman for the "Every Student, One Commitment Campaign for Bridgewater College." Miller is a 1965 alumnus of the College.

"This campaign is a wonderful opportunity to make a lasting contribution to something truly good," Miller said. "The young adults we educate at Bridgewater College leave with values, integrity and a strong work ethic, as well as important skills for succeeding in whatever life they choose. We can never measure the lasting contributions they make in their communities or their professions, but we know they make a difference."

The silent phase of the campaign began in July 2004 and the public phase will extend through 2010. Fifty-two percent of the $40 million goal has already been met, with the two largest donations so far being a $2 million gift from 1962 Bridgewater alumnus Yancey Ford and his wife, Peggy, and a $1.5 million gift from The Fred O. Funkhouser Foundation, Inc.

The campaign is seeking $11 million for endowed scholarships; $10 million for academic enhancement; $10 million to improve facilities; $3 million for laboratories, equipment and information technology; and $6 million for the Bridgewater Fund.

"Generous alumni, parents and friends will play a critical role in perpetuating our transformational and mission-driven style of education," said Bridgewater President Phillip C. Stone. "The Every Student, One Commitment Campaign is our historic effort to build our endowment so we can respond proactively to the needs of new generations of students and the demands of an ever-changing society."

For further information, contact the Bridgewater College Office of Institutional Advancement at (540) 828-5448.

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