Part Three: Full interview with U of M fundraising chairman Lou Nanne

  • Updated: January 14, 2014 - 10:28 PM

"I’m a Gemini and I guess I’m a Gemini because I have restless energy."

Part Three: A transcript from an interview with the Star Tribune’s Dennis Brackin and Lou Nanne, chairman of the University of Minnesota’s $190 million athletics fundraising campaign:

Q: $190 million is ambitious. Is it realistic?

A: Oh yes, are you kidding me? Of course. I mean $190 million, what did they do in the academic, raise $1.2 billion? These schools are raising billions. Northwestern raised $200 million [for athletics], why can’t we raise $190? There you go with that small thinking again. This is what’s happened. This is exactly what’s happened.

Q: No because I’ve always been shocked being here that the University hasn’t raised the kind of money it needs. That surprises me, in this market.

A: It surprises me, too. Especially when we sit here with a very successful, philanthropic populous with many major Fortune 500 companies, this should not happen. This should not happen.

Q: Shouldn’t have fallen this far behind?

A: No, should not happen. I sit across here looking out my window and say, ‘Are you kidding me?’ Please. I go to that little town in Ann Arbor and I see everything they got and I say, ‘What the hell is going on here?’

Q: Or West Lafayette, or Iowa City or Champagne, Illinois.

A: You know what happened, I personally think and I think it’s a big benefit to have professional sport teams here because it helps you in recruiting, if I’m an athlete I want to come watch these things,. But I think that the focus got away from the university when those pro sport teams came here. I think the focus came away and we never got it turned back to us. Now it’s time to turn it back. The university is not going anywhere. Other teams can always threaten to leave, we’re not going anywhere. We aren’t going anywhere.

Q: How many hours a week are you putting into this?

A: I don’t even think about it.

Q: A lot?

A: It all depends. If I have writers from the Tribune coming over, then a long time. I mean that’s not even a question I concern myself with. I’ve always had the good fortunate of being able to do a lot of things. I’m a Gemini and I guess I’m a Gemini because I have restless energy and I can’t do one thing.

Q: Are you satisfied where you are right now? What has the start been like?

A: Very encouraging because of the willingness of people to want to help. I’m really blown away. I’ve had people come up to me and say, ‘Can I be on your committee?’ Which you just don’t expect. I’m excited that people want this thing to work. I’m excited that people think it can work. I’m excited that people think it should work and I guess I’m seeing the same feeling when you talk about it, that they’re tired and had enough of the stuff that we can’t compete. We’re Minnesota, when Minnesota does well people revel in it all across the world, people rejoice in it. People who lived in Minnesota, they take pride in it. I’m excited in the fact that people now finally realize we have to do something here to make this thing better.

Q: Do you specific events planned to raise money?

A: You’re not going to get what you need, I’ve had people call about putting on golf tournaments. I said, ‘Thank you,’ and we’ll do it if you want to run it I’ll do it and make a contribution, that’s fine. But you don’t get to $190 million by just fundraising events. You get to $190 million by people and corporations deciding, ‘I want to make this thing better for the state of Minnesota.’

Q: What’s your basic mode of raising money?

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

Chicago WSox - WP: S. Carroll 6 FINAL
Cleveland - LP: Z. McAllister 2
Atlanta - WP: M. Minor 11 FINAL
Chicago Cubs - LP: E. Jackson 6
NY Yankees - WP: S. Greene 3 FINAL
Baltimore - LP: C. Tillman 0
Arizona - WP: W. Miley 2 FINAL
San Francisco - LP: R. Vogelsong 0
St. Louis - WP: A. Wainwright 10 FINAL
Milwaukee - LP: J. Nelson 2
Miami - LP: M. Dunn 4 FINAL
NY Mets - WP: V. Black 5
Boston - LP: J. Peavy 2 FINAL
Houston - WP: J. Fields 3
Minnesota - WP: K. Correia 9 FINAL
Colorado - LP: T. Matzek 3
Toronto - LP: D. Hutchison 3 FINAL
Tampa Bay - WP: J. Odorizzi 10
Detroit - WP: R. Porcello 5 FINAL
Kansas City - LP: J. Shields 1
Washington - WP: R. Detwiler 5 FINAL
Philadelphia - LP: J. Diekman 3
Pittsburgh - WP: J. Wilson 6 FINAL
Cincinnati - LP: J. Hoover 5
LA Angels - WP: J. Weaver 5 FINAL
Texas - LP: M. Mikolas 2
San Diego - LP: K. Quackenbush 0 FINAL
Los Angeles - WP: K. Jansen 1
Oakland - LP: J. Chavez 2 FINAL
Seattle - WP: H. Iwakuma 6
Colorado 3 FINAL
Philadelphia 3
Houston 2 FINAL
Toronto FC 4
Columbus 1 FINAL
Red Bull New York 4
Chicago 1 FINAL
New England 0
Sporting Kansas City 2 FINAL
Montreal 1
Chivas USA 3 FINAL
Vancouver FC 1
Real Salt Lake 0 FINAL
Los Angeles 1
Winnipeg 34 FINAL
Montreal 33
Ottawa 11 FINAL
Edmonton 27
Calgary 34 FINAL
Toronto 15
Brt Columbia 26 FINAL
Saskatchewan 13
Atlanta 93 FINAL
Indiana 74
Washington 91 FINAL
Tulsa 74
Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: Which upcoming event are you most excited about?

Weekly Question

ADVERTISEMENT

 
Close