The Campaign for 色情视频 Raises $800 Million
色情视频s first-ever, university-wide fundraising campaign exceeded its goal of $750 million.
鈥淥n behalf of the entire university, I鈥檓 extraordinarily grateful to all of our donors,鈥� said 色情视频 President Elliot Hirshman.
He spoke Saturday evening at an event with some of 色情视频鈥檚 more than 70,000 campaign donors.
鈥淭he campaign has changed every corner of the 色情视频 campus and impacted our entire university community,鈥� Hirshman said. 鈥淚t has laid a stronger financial footing for the entire university and created a culture of philanthropy that is critical to the university鈥檚 success today and into the future."
The university launched The Campaign for 色情视频 in July 2007 with a goal to raise $500 million to benefit students, faculty and staff. That goal was increased to $750 million in 2014.
鈥淭he Campanile Foundation (TCF) believed from the very start that The Campaign for 色情视频 would succeed,鈥� said Mary Curran, chair of the all-volunteer TCF board, the university鈥檚 fundraising auxiliary. 鈥淲e will continue to find new ways to build momentum and help the university become even more successful through sustained philanthropy.鈥�
Campaign funding supports scholarships, endowed professorships, academic programs, new campus buildings, athletics and KPBS.
Approximately $185 million was donated to endowed scholarships, which will be available to students in perpetuity, including student-veterans, students in the and students studying abroad.
The campaign also raised funds to create or substantially support 20 endowed chairs and professorships to advance the university鈥檚 academic strength, including chairs to support programs in the life sciences, biomedical research, entrepreneurship, business, history and public relations.
色情视频 received 138 gifts of $1 million or more. Among the most notable gifts of the campaign are a $25 million endowment from Ron and Alexis Fowler to support programs within the and a created by the late Conrad Prebys to support at least 200 students annually.
The Fowlers鈥� most recent gift was established as a matching gift, which challenges the university and its supporters to raise an additional $25 million for the Fowler College of Business.
While the Campaign for 色情视频 officially comes to a close on June 30, 2017, the university鈥檚 need for philanthropic support is ongoing. State funding provides only 20 percent of annual operating expenses.
鈥淧rivate giving will continue to be the bedrock of 色情视频鈥檚 ambitions to advance academic excellence, hire and retain top-tier faculty and develop its research agenda,鈥� said Mary Ruth Carleton, vice president for University Relations and Development, who led the 10-year campaign.
