As Student Affairs and Academic Affairs staff and faculty launch initiatives to support student success, two recent gifts to the university are specifically earmarked to fund such efforts. University Advancement received a $15 million gift from Lupe Diaz Compean and a $2 million gift from the Koret Foundation last spring.
Compean’s gift will support student success initiatives and scholarships. The donation will also support the maintenance of SJSU’s newly renovated and expanded Student Union, and the many activities housed in this structure located in the heart of campus.
“San Jose State has been in conversation with the Compeans for the past two decades,” said Vice President for University Advancement Paul Lanning. “Throughout this time, Lupe Diaz Compean has been crystal clear that her motivation in making the gift was to benefit students, honor her family and her late husband by naming a facility, and demonstrating that by working hard and getting an education, anyone can achieve what she has in her lifetime.”
The new student union was dedicated in honor of her and her late husband on Sept. 1. The facility is now known as the Ramiro Compean and Lupe Diaz Compean Student Union.
In addition, SJSU received $2 million from the Koret Foundation as part of a multi-year $50 million initiative to support higher education at a dozen institutions in the Bay Area. SJSU’s funding will be used to create a new student information analytics system that will improve advising; support the Spartan Scholars Program, a newly launched summer bridge program that is aimed at increasing retention and graduation of underrepresented students; and provide scholarships for students with the most need.
“This is a significant start to our efforts to seek funding to support student success initiatives, and it will be complemented by what will ultimately be the $8 million Compean Endowment for Student Success Initiatives once that fund matures,” Lanning said.
The goals of the gifts are in line with SJSU’s Four Pillars of Student Success plan, which is focused on college readiness, advising, student engagement and clearing bottlenecks.
“The Koret Foundation is proud to fund this initiative that builds on and expands our longstanding commitment to these important Bay Area academic institutions,” said Michael Boskin, President of the Koret Foundation. “This program is designed to be a catalyst for new approaches to optimize student success, improve completion rates, and bolster career advancement opportunities, particularly among underserved populations.”
In support of the campus priority, Lanning created a new position in University Advancement to continue fundraising efforts around student success. Emily Lane, hired in August, is the new director of development for student success.