UCO Foundation Announces Nearly $1 million Received For Academy of Contemporary Music Launch
The University of Central Oklahoma Foundation announced today the receipt of nearly $1 million to fund the start-up costs of the new UCO Academy of Contemporary Music, set to welcome its first class of students Aug. 17.
Gifts will be used to fund essential costs including facilities and equipment.
Among the gifts received was a $50,000 donation from Love's Travel Stops & Country Stores and a $30,000 grant from the Kirkpatrick Foundation, Inc.
A portion of the start-up funds, $750,000, was designated from a $3 million unrestricted gift in 2006 from Troy and Dollie Smith.
The UCO Foundation has set an ACM@UCO start-up goal of just over $2 million.
David Aduddell, chief executive officer of Aduddell Development Group, Central alumnus and UCO Foundation Board of Trustees member, was named chair of the ACM@UCO fundraising initiative.
"The Academy of Contemporary Music is such an exciting venture for Central and the state of Oklahoma," said Aduddell.
"We want to be able to look back in 25 to 50 years - see UCO and Oklahoma positively transformed as a result - and know we had a part in making it happen."
Despite uncertain economic times, Aduddell remains optimistic about raising the funds.
"We know we have to be even more creative right now in raising these funds. We divided our Board members into teams and each day we get a step closer to our goal," said Aduddell.
"We have already received one anonymous gift of $10,000 from an alumnus and one team has secured pledges from two anonymous alumni who will each give $25,000 to the project if the team raises the rest of its goal."
With construction currently underway on the facilities and students arriving in August, Scott Booker, chief executive officer of the ACM@UCO and manager of the Grammy-winning, Oklahoma-based band The Flaming Lips, said he and his staff are eager to begin.
"ACM@UCO is a key catalyst in meeting the goal of the Oklahoma Department of Commerce to grow a contemporary music industry in the state. So many legendary artists come from Oklahoma, and we will help provide the infrastructure to make it possible for them to foster their careers and businesses here."
"The possibilities are endless and the ACM's success will have a huge impact on our state's economic well-being," said Booker.
Connecting students directly to today's music industry, the ACM@UCO offers an innovative, real-world education, with a staff of teachers that includes acclaimed performing artists and award-winning music professionals.
Confirmed to offer master classes during the Academy's first year are Lilly Allen producer and member of The Bird and the Bee, Greg Kurstin, and Warner Bros. Records General Manager and EVP of Warner Bros. Promotions Tom Biery, as well as members of The Flaming Lips, with additional classes and teachers to be announced later.
Based on the successful ACM-UK model, the academy will offer a two-year Associates of Applied Science in Contemporary Music degree in either Performance (guitar, drums, bass and vocal) or Music Production.
The Foundation was established as an independent 501 (c) (3) non-profit organization in 1972 to provide scholarship assistance to deserving students and support for faculty, campus activities and vital programs at UCO.
For more information on how you can support the ACM@UCO, contact the UCO Foundation at (405) 974-2770 or give securely online at www.ucogiving.org.