With the stated goal of building a culture of philanthropy, the University of Kentucky has announced it will change the Office of Development to the Office of Philanthropy.
"In recognition of this growing reliance on philanthropic giving, the university’s chief fundraising arm, formerly known as the Office of Development, has now officially changed its name to the Office of Philanthropy, making it possibly the first to bear that moniker among the country’s major public research institutions.
"'Philanthropy is assuming a greater leadership role at the University of Kentucky as it has played a significant part historically funding the Markey Cancer Center and more recently the Gatton College of Business Building, Student Center, Academic Science Building, the future Lewis Honors College and many more capital projects and academic programs, and will provide noteworthy and measurable resources toward funding UK’s recently approved Strategic Plan,' said UK President Eli Capilouto. 'In light of this enhanced role, UK’s philanthropy program is evolving as a voice of philanthropy for the university, our community and the commonwealth of Kentucky.'"--Susan Baniak, the Business Lexington