In 2013, under the direction of Msgr. Bernard Bourgeois, Rice embarked upon the “Honoring Tradition: Committing to the Future” capital campaign; an aggressive fundraising effort to preserve the deteriorating condition of our physical campus. What started as a $5 Million goal turned into $8.7 Million raised, all going towards the almost $13 Million price tag associated with the repairs and renovations.
The vast improvements and upgrades made to the infrastructure of our building not only provided immediate benefit to our students, faculty and staff, but also increased the assessed value of the physical structure by nearly $12 Million. Yet completing this upgrade left us with remaining financial commitments towards the project financing.
Additionally, growth of our tuition assistance endowment is necessary for growth and retention of our student population, as are renovations to our aging gym floor, bleachers, parking lot, roof and kitchen.