Will work for honor.
The University's Alumni Association Board of Managers is campaigning for donations totaling $2 million to establish an endowment to support the Honor Committee.
Although the endowment now is being raised as part of the University's Capital Campaign, fundraising for the Committee will continue past the Campaign's December deadline.
Alumni Association Executive Director Jack Syer said he anticipates the timeline for raising the $2 million to be anywhere between a year and 18 months.
Fundraising depends on receiving larger monetary gifts to complement smaller ones, Syer said.
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The Alumni Association plans to invest the $2 million-dollar principle, turning over the interest to the Honor Committee.
The core capital will remain untouched indefinitely to benefit the Committee's future needs.
Generated from alumni donations, the endowment will apply to projects outside the Committee's present budget.
Anticipated projects include revamping the honor video in the next two to three years, potentially hiring a publicist, replacing costly equipment for honor hearings and providing better training for honor support officers.
The latter would include expanding the current training retreat into a national honor and ethics conference fostering a larger discussion on issues of honor, Committee Chairman Thomas Hall said.
"The Honor Committee is extremely enthusiastic about the potential for the endowment," Hall said. "We think it would be a positive way for the Honor Committee to work together with the Alumni Association to further the ideals of the honor system."
The interest also may fund an ongoing series of advertisements that feature prominent University alumni and discuss the continued significance of the honor code outside of the University.
While the Honor Committee now receives financial aid from the University, the Committee needs more money to ensure the health of the system for future generations, Syer said.
The honor system "is one of the most popular attributes for University alumni, and we hope that will translate to support for the endowment and for the honor system itself," he said.
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