Drake mourns passing of former president
Michael Ferrari, who served as president of Drake University from 1985 to 1998, died Friday at the age of 75. Known to his friends and colleagues as Mick, Ferrari was a visionary leader who led Drake into an era of major philanthropy and capital project investment, university officials said in a press release. Funeral arrangements are pending. Among his accomplishments, Ferrari in 1987 launched the Campaign for Drake, a $115 million national fundraising program that was the largest campaign in Drake’s history at that time. The campaign met its goal a year ahead of schedule, with more than $130 million raised by the campaign’s conclusion in 1993. “He didn’t use these words at the time, but he was building the foundation for a real culture of philanthropy at Drake and among our alumni base,” said Associate Director of Alumni and Development Diane Caldbeck. Ferrari also had a knack for innovative marketing strategies that enhanced the learning experience and put Drake on the national map. In the early 1990s he partnered with Apple to launch a Mac-in-the-Room program that guaranteed every student access to a Macintosh computer in his or her residence hall room.