TORONTO - On Sept. 29, the Feast of St. Michael, the University of St. Michael's College officially launched its Boundless Community fundraising campaign.

"Today the University of St. Michael's College, from our unique position with the University of Toronto, and together with the strong, steadfast loyalty of our alumni and friends, is announcing a historic never-before fundraising campaign," said Sr. Anne Anderson, president and vice-chancellor. "This campaign, unprecedented in scope and scale for St. Michael's, will seek to raise $50 million over the next five years."

And those in attendance heard that the campaign is already making great progress.

"I am delighted and proud to announce to you all today that we are already $24 million towards that vision," said Anderson. "This is an extraordinary accomplishment of which we are proud and grateful."

The funds will be used for a variety of improvements. Facilities will be digitally upgraded to modernize the school's academic environment while outdated furniture replacements, including in residence, will make studying more comfortable. The John M. Kelly Library, which has already received a rare collection of British author G.K. Chesterton's books, will broaden its range of material to meet the demands of 21st-century education.

Core funding is to be established for what Anderson called "hallmark College programs" — Book and Media Studies, Celtic Studies, Medieval Studies and Christianity and Culture — while the theology graduate program will also see further financial support.  

Additionally, the SMC One — Cornerstone Program will be established with the money raised.

"Unlike no other first-year program at U of T today, Cornerstone will build character, enhance the pursuit of social justice and create a platform for greater dedication to community," Anderson told about 200 people attending the event. "We will reaffirm our Basilian founders commitment to goodness, discipline and knowledge for every first-year students."

Founded in 1852 as a Basilian college, the school has produced more than 50,000 alumni. This year alone the university has more than 4,800 undergraduate students and an additional 350 pursuing graduate degrees. That's more than 5,000 people who appreciate these fundraising efforts.

"On behalf of the Student Union, I would like to express my humble thanks and appreciation to all the volunteers and leaders in our community, men and women who model exemplary behaviour in their commitment to the academic mission of St. Michael's," said Mike Cowan, Student Union president.

"Their tireless work and generous philanthropy make this a better place for us all."

Additional and increased scholarships and bursary support will also be a result from this campaign.