of the Henry B. Plant Museum. Slow growth The university grew slowly over the next few decades, becoming a well-respected institution of learning that predominantly served students from the greater Tampa Bay area. In 1951, the university received full accreditation by the Southern Association of Colleges and Schools (SACS). While The University of Tampa succeeded academically, it faced intermittent financial difficulties for much of its history. These problems first surfaced in the mid-1930s, when the deepening Great Depression decreased enrollment and strained the new school's ability to educate students while maintaining its large campus and gradually converting Plant Hall's former hotel rooms into classrooms and offices. Another crisis several decades later forced a 1974 decision to fold the successful University of Tampa Spartans football program because the school could no longer afford the cost of competing in NCAA Division I-A football. In 1986, local businessman Bruce Samson dropped out of Tampa's mayoral campaign to become UT's president, a position he was offered due in part to his background in banking and finance. Samson successfully eliminated the school's $1.4 million annual budget deficit through "hardnosed" decisions, including withdrawing from all NCAA Division I sports. However, after he left in 1991 to return to private business, the school again fell into financial difficulties. Declining enrollment led to the return of serious budget deficits, leading to serious cuts to faculty positions and academic programs. UT faced an uncertain future, and some local leaders suggested that the cross-town public University of South Florida should take over operations of the long-time private school. Modern expansions In 1995, the Board of Trustees elected Ronald L. Vaughn, then dean of UT's College of Business, as the school's new president. His initial efforts were aimed at bringing the campus up-to-date with new dorms and a major renovation to the business school. Vaughn also launched the "Take UT to the Top" campaign with the goal of raising $70 million in 10 years and restoring the University's endowment. The campaign raised $83 million, and later observers credit this successful fund drive with saving and modernizing the university. Two important contributions came from the John H. Sykes family of Tampa - a gift of $10 million in 1997 and another donation of $28 million in 2000, which was thought to be the largest such gift to a Florida university at the time. The additional funds were used to purchase adjacent land