Carroll University Launches $100 Million Fundraising Campaign to Build World-Class School of Business 

October 17, 2023
Photo courtesy of Carroll University Carroll University building new School of Business and renovating athletic facilities.

Funds Will Also Support Addition to Van Male Field House and Renovation to Expand College of Arts and Sciences and College of Health Sciences

Carroll University has announced a $100 million comprehensive fundraising campaign to support capital projects and the university’s endowment, as well as provide crucial operational support. The university has already raised $59 million from donors during a “silent phase” of the fundraising campaign before it was announced to the public. 

“We are extraordinarily grateful for the alumni, parents and friends who have provided support during the silent phase of our campaign. These gifts collectively signal to our broader community that the goals we have set for this campaign are achievable and worthy of broad support,” said Victoria Dowling, vice president for institutional advancement at Carroll University.

One of the key capital projects the campaign will support is the Carroll University School of Business, a state-of-the-art facility that will offer business and technology classrooms, a data center and a technology-infused auditorium to accommodate events and speakers. The university said the 57,029 sq ft., three-story facility will bring the School of Business together with the departments of mathematics, computer science and information technology – a dynamic union of disciplines that will set Carroll graduates apart. 

The facility is a critical requirement for the University to achieve accreditation for the School of Business by the Association to Advance Collegiate Schools of Business (AACSB), which would make Carroll one of only two private schools in Wisconsin with this distinction. A $10 million commitment to support construction of the School of Business has already been made by a donor as part of the fundraising campaign. 

Another capital project planned through this campaign is a major addition to Van Male Field House to accommodate an increase in student athletes on campus, which are now double the number of athletes that the facility was originally designed to support. Carroll University currently has 630 student athletes competing in 23 intercollegiate sports. The addition will consist of two multipurpose courts that include netting that can be lowered from the ceiling to accommodate activities like batting and pitching practice for baseball and softball while also providing indoor practice court space for men’s and women’s tennis, volleyball and basketball. 

A state-of-the-art weight training facility, aerobic exercise facility and athletic training facility will also be added. The renovation will include an Alumni Suite for viewing indoor activities in the Field House and outdoor events in Schneider Stadium, in addition to the renovation of coaching offices and conference room space. A $5 million gift to support the addition and renovation of Van Male Field House has already been committed by a donor. 

Other capital improvements planned include three new facilities contiguous to the campus that Carroll recently acquired. Funds will be raised to renovate these structures, allowing for the growth and expansion of programs in the College of Arts and Sciences and the College of Health Sciences.

“The success of the silent phase [of the fundraising campaign] has laid a solid foundation for the public phase. We are entering this new stage with gratitude for the tremendous support we have already received and a shared vision for the future,” said Dr. Cindy Gnadinger, president of Carroll University. “This Campaign is a testament to the collective commitment of our community and to the power of shared goals and vision for the future of Carroll University.”