From Deseret News archives:

Y. raising funds for Hinckley Center

$35 million building will serve as the 'gateway' to campus

Published: Wednesday, Dec. 28, 2005 11:09 p.m. MST
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BYU's Alumni Association committed to raise $10 million, Jenkins said. The rest of the building's cost will be paid for through donations to LDS Philanthropies, known as the LDS Foundation until a name change earlier this year.

The church established the fund-raising group in 1971. The organization raises money for BYU, BYU-Idaho and BYU-Hawaii and has offices at each of those church-sponsored schools.

LDS Philanthropies also oversees giving to LDS Humanitarian Services, the General Missionary Fund, Church History or the Perpetual Education Fund. One hundred percent of all donations to LDS Philanthropies goes directly to the purpose selected by donors, Bishop Richard C. Edgley of the church's Presiding Bishopric recently said in an interview with the LDS Church News. No overhead or administrative costs are deducted from the donations.

Edgley said that since 1984, the LDS Church has donated nearly $750 million in cash and goods to people in need in more than 150 countries.

BYU collected $77.6 million in donations to the university in 2004.


E-mail: twalch@desnews.com

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