LEANN BURKE / THE DEPAUW
Six million dollars will get you 4,500 pairs of Louis Vuitton heels, three four-bedroom homes in Greencastle or two million bottles of truffle oil. It is also six percent of what The DePauw Trust hopes one day to hold.
On Feb. 16, President Casey announced that a recent six million dollar gift from the Theadore R. Peterson and Elizabeth Emison Peters, ’40, Living Trust will be added to The DePauw Trust.
The DePauw Trust is one of four parts to The Campaign for DePauw—and the biggest. Of the $300 million that The Campaign for DePauw hopes to raise by Jan. 1, 2018, $100 million will be allocated to The DePauw Trust, which contains money specifically set aside for providing need-based aid. This most recent gift from the Peterson estate brings The DePauw Trust total up to $56 million, and gets The Campaign for DePauw to $210 million.
“In 2011, 2012 people said we’d be lucky to get $225 million total,” President Brian Casey said.
With $210 million already raised, Casey says he is confident that reaching 300 million in the next three years is achievable.