The University News (Irving, Tex.), Vol. 32, No. 6, Ed. 1 Wednesday, October 9, 2002 Page: 2 of 16
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2 October 9, 2002 The University News
News
News
Editor in Chief
Janet Hendrickson
News Editor
Meghan Kuckelman
Features Editor
Katherine Cook
Commentary Editor
Ryan Cliism
Arts & Entertainment
Editor
Angela Danaher
Sports Editor
Bobby Crook
Photo Editor
Jodi Dickens
Advertising Managers
Petra Bradshaw
Christy Collins
Student A ssistant
Louis Shopen
Editorial Advisers
Dr. Joe Norton
Dr. Frank Swietek
Staff Writers
Rebecca Leland
Erin Watson
The University News, is
the weekly student
newspaper of the
University of Dallas. 1845
E. Northgate Dr., #732,
Irving, TX, 75062.
Subscriptions are $20 a
semester or $35 a year.
The University News is
also available online at
www.udallas.edu/unews.
Issues from the past two
years are archived on the
website.
To advertise in
The University News,
please call (972) 721-5089
or fax query to
(972) 721-4136.
Ads must be submitted by
Thursday at 5 p.m. for
publication the following
Wednesday.
Capital campaign drive postponed
by Janet Hendrickson
Editor in Chief
President Msgr. Milam Joseph
postponed Phase II of the Capital
Campaign indefinitely because of
the current economic atmosphere,
he recently announced.
"Based on the economic situa-
tion in this country and the threat
of war ... I just thought it would
be better to postpone it until it was
more viable," he said.
Phase II, scheduled to kick off
Oct. 18, was to raise money to
build the new University Center,
expand the Maher athletic center,
and increase the endowment by
several million dollars for schol-
arship and faculty development.
Joseph said money is still being
raised towards these goals.
"None of this is put on hold;
it's just the announcement that's
postponed," he said.
Joseph hopes the economic cli-
mate will turn around by spring
to publicly announce Phase II.
"I would hope that the econom-
ics of the country would turn up-
wards, so to speak, to put people
in a better frame of mind about
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philanthropy because at this point
philanthropy is directly related to
people having income to give
away. The downturn in the stock
market has hurt foundations; they
don't have money to give away,"
he said.
Though Joseph made the ulti-
mate decision, he collaborated
with others such as members of
the Board of Trustees,
"When we began to talk about
it, we all came to the same con-
clusion independent of each other
that maybe this wasn't the right
time," he said.
No new deadlines for the
Donations for
projects have been set.
Phase II Donations—
Donor Driven (not specifically allocated)
$2,026,300
Fund Endowment
592.750
Cowan Endowed Chair
18.725
Maher Renovations
913.621
Dominican Priory Renovation
2.605,000
University Center
100,000
Vineyard
15.350
Donations from
Annual Funds 00/01 - 02/03
4.355.801
Reinvested endowment earnings
635.758
Total Phase II Earnings
$11,263,305
Phase II of
the Capital
Campaign
has been
postponed
because of
the current
economic
atomosphere
and the
threat of
war.
Photo by
Jodi
Dickens.
"We just find that fundraising
is slowed down because of the
slowdown in the economy. So it
takes more effort, more time to do
now what we used to do when the
overall atmosphere was more
positive," he said.
Robert Galecke, vice president
of finance and administration, said
while no specific priority orders
the capital campaign projects,
some are more urgent than others,
such as the gym expansion.
"In the campaign that's prob-
ably a priority because we'd like
to get that over with," he said.
Galecke also cited the need for
lighting, wiring, and sound system
improvements in the Church of
the Incarnation.
" That's one of the initiatives we
think is a priority because it's just
needed," he said.
Joseph said building on the
University Center will not begin
before the end of 2004, as final
plans can be completed only after
the old Dominican priory is torn
down. The Dominicans are sched-
uled to move into the new priory
over Christmas break.
Administrators expect balance
of $90,000 deficit by May 2003
by Janet Hendrickson
Editor in Chief
The Board of Trustees passed
a budget last Thursday showing a
$90,000 deficit that the adminis-
tration expects to balance by the
end of the fiscal year in May 2003.
Overall revenues are $1 million
lower than projected, which ad-
ministration has largely made up
through postponements and defer-
rals of unnecessary expenditures.
Bob Galecke, vice president of
administration and finance, said
each department has been asked
to defer and postpone unnecessary
expenditures, "everything from
copy machines to PC's." New
hires are also unlikely.
Lower than budgeted enroll-
ment numbers in both GSM and
Constantin contributed to a drop
in tuition revenues.
Overall Constantin enrollment
was down from last year due in
part to a smaller than projected
freshman class. Last year's
graduating class was also larger
than normal, with a large percent-
age graduating on time, Galecke
said. The general economic de-
cline also may have affected en-
rollment.
GSM course hours are also
"down significantly" because of
domestic economic difficulties
and difficulty international stu-
dents have in obtaining visas,
Galecke said.
"We've had a continued ero-
sion there [in GSM]," he said.
Endowment spending is also
higher than hoped, at 7.5 percent
Recent declines in the stock mar-
ket have caused the endowment to
drop by as much as one third,
while the fixed amount of spend-
ing from the budget has remained
unchanged, bringing the percent-
age of the spending rate on the
endowment up.
Monsignor Milam Joseph,
president of the university, said,
"What's important is the gross
amount of the endowment deter-
mines what the spending is, rela-
tive to how much you take out. If
you take out $3.2 million from
$60 million or $3.2 million from
$40 million, you have a difference
in spending money."
Galecke said this reflects en-
dowment problems at colleges
nationwide.
"As we told the board, we're in
good company because we're all
suffering," he said.
Regarding future expenditure
cuts, Joseph said, "$1000 here,
$2000 there is the way to do it."
Joseph said he could not yet
project a raise in faculty salaries,
"We really don't know yet; we
don't know yet what's down the
road for next year's budget. [Fac-
ulty and staff] salaries will alway s
be a recurring issue," he said.
Joseph said no student services
will be cut, however.
"We do not cut student ser-
vices. There's certain things you
don't cut, and you don't cut es-
sentials," he said.
B
Mews
3iefs
RCIA enrolls 10
for semester
The Rite of Christian Ini-
tiation for Adults (RCIA) be-
gan its weekly classes Sept. 9.
Approximately 10 UD stu-
dents are participating this
year.
This process of entering the
Catholic Faith is not an actual
sacrament. "It is part of
Vatican II's renewal of the
early church's catechumens in
contemporary times," Denise
Phillips, director of Campus
Mnistiy and RCIA, said. It
is a learning process in which
the candidates may present
their questions about Catholi-
cism to knowledgeable teach-
ers while actively participat-
ing in a set curriculum. The
catechumens then enter into
the Church on Easter.
RCIA continues for three
weeks after Easter as an ex-
tended welcome to the newly
initiated members of the
Catholic Faith.
-Angela Danaher
Priest to speak
on abortion
Crusaders for Life and
Campus Mnistiy will co-host
a speaker Oct. 16 at 7:30 p.m.
in the Church of the Incarna-
tion. Bud Welch will speak on
forgiveness and revenge in the
context of the Oklahoma City
bombing in 1995. After Welch
lost daughter Julie in the
bombing, he felt compelled to
speak out against the death
penalty in the U. S., Fr. Jeffery
Ott, O.P, campus minister,
said. A brief reception will
follow.
The two organizations also
will co-host a speaker Sunday,
Oct. 20 at the 7:30 p.m. Mass.
Fr. Denis Wilde, a priest from
Priests for Life, a New York
organization, will speak on
current issues facing the
Church in regards to abortion
and euthanasia, Bryan
Esposito, treasurer of Crusad-
ers for Life said.
The group also will hold
baby showers each Sunday
after all Masses for the rest of
the month to collect supplies
for a Dallas area crisis preg-
nancy center.
-Meghan Kuckelman
The University News will
not be published next week
because of midterms. The
next publication will be
Wednesday, Oct. 23.
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Hendrickson, Janet. The University News (Irving, Tex.), Vol. 32, No. 6, Ed. 1 Wednesday, October 9, 2002, newspaper, October 9, 2002; Irving, Texas. (https://texashistory.unt.edu/ark:/67531/metapth201555/m1/2/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting University of Dallas.