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Most owners choose the floor plan, finishes and fixtures that go into their custom-built homes. Juan Guevara made those choices and more. He selected each interior and exterior component and confirmed every detail in building his $1 million home in Delaware County. He also hand-picked the roofer, framer, excavator, drywall installer and a host of other subcontractors. Guevara made the decision to be his own general contractor, a choice more homeowners are making in projects big and small. He said his decision to manage the project has saved him a significant amount of money and given him more control over the project. "We went to many custom builders and found that, with the money we would save, we could have more house. I expect to save about $200,000," he said. "With a builder, you dont have as much control." Guevara, the owner of a flooringinstallation company, now has a second full-time job making sure the subcontractors show up when they are needed and that they follow the detailed plans drawn by an architect.
San Diego State University received nearly $50 million in philanthropic gifts during the 2005-2006 fiscal year, it reported today. This brings the university's 10-year total to more than $400 million in philanthropic support, nearly twice as much as was raised in the previous 99-year history of the university. "It's rewarding to see the San Diego community value the university's contributions to the region so highly and continue to invest in our talented students and faculty," said SDSU President Stephen L. Weber. "This generous support will help us to educate and inspire the future leaders of the region and the state." San Diego State reported $49.8 million in new gifts, pledge payments and new philanthropic pledges for the 2005-2006 fiscal year. Highlights included: Doug and Betsy Manchester gave $5 million to the university, the largest gift from an alumni couple in the university's history. Of the Manchesters' gift, $3.5 million will be used for presidential initiatives and undergraduate teaching support, while the remaining $1.5 million will be given to SDSU's intercollegiate golf program. In recognition of the Manchesters' long record of service and support of SDSU, the university permanently changed the name of Centennial Hall to Manchester Hall.
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