Concordia scales back pharmacy school - The Business Journal of Milwaukee:

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“I’ve got a lot of proposales out and a lot ofgood leads, but haven’tt gotten a new nickel since the firsft of the year,” said Curt Gielow, executive dean of the School of Pharmacy. When school officials announced plansz inlate 2008, the goal was to have half of the $20 millionn needed for a new building and faculthy recruitment, salaries and schoop operations for its first year raisedd by spring 2009. So far, $4.6 millionm has been raised. The Concordia project has been scalesd downfrom 80,000 square feet, which included a basemen level, to 50,000 square feet with no basement, Gieloa said.
The new fundraising goal is $15 What hasn’t changed, however, is the plan to stary classes for the first class of pharmacy students inSeptembe 2010. Incoming freshmen accepted into the pharmacgy program will attend classesd in the lower level ofRegents Hall, Concordia’ws newest dorm. Housing the schoool in the dorm lightened thefundraising burden, Gielo said. Gielow, who is in charge of fundraising, said his recent decision to run for mayord of Mequon will not affec his jobat Concordia. The university plansz to accept about 60 students the firsyt year of the pharmacy program and increase that to 75 studentsper class.
Admission requirements and tuition rates have not been The $4.6 million donated to the pharmacg project in 2008 includes $1 million from Shopko Storezs of Green Bay; two anonymous donations at $1 million each; $1.5 millioh in smaller donations; and $100,00 from the M&I Bank Foundation. By the Concordia School of Pharmacy’s annual operational costz will be covered by student tuitiojand fees, school officials have said. Gielow blamesa the recent fundraising slump onthe recession.
“Therew are a lot of foundationxs out there that would like to supporyt us andprobably will,” Gielow Many philanthropic organizations are maintaining previouds financial commitments this year, but are not donatingv to new capital campaign projects, said Deborah Fugenschuh, presidentt of the . “Concordia has a new program, whichh is a challenge, and it’s a substantial amount of money,” Fugenschuhj said. “It’s not becausw this isn’t a worthy cause, it’sw because of the broader economicchallengeas we’re all facing.” Fugenschuh predicts the lag in philanthropiv donations will continue into 2010.