Google Play icon

Harvard launches $6.5 billion capital campaign

Share
Posted September 23, 2013

Harvard University launched a $6.5 billion capital campaign Saturday that, if successful, would be the largest fundraising effort in the history of higher education.

The school said the campaign had broad goals spanning all its schools and would fund research into neuroscience, stem cell science and low-cost energy for thedeveloping world.

The campaign would target major renovations of the university’s undergraduate housing and increase its study of new learning and teaching strategies.

It also aims to expand the school’s global presence, including through an ongoing project to develop a center in Shanghai for conferences and research.

Harvard President Drew Gilpin Faust said the campaign will help the school meet the world’s increasingly complex and pressing needs.

“We will meet these challenges, and in doing so, we will reaffirm what makes Harvard—and universities in general—such essential and irreplaceable contributors to the pursuit of knowledge and the welfare of the world,” Faust said in a press release.

The campaign quietly began two years ago. Harvard says it has already raised $2.8 billion in gifts and pledges, some of which has already been used.

The school aims to reach its $6.5 billion goal by 2018.

If it does so, the campaign would surpass a five-year, $6.2 billion campaign by Stanford University that ended last year. Yale University and the University of Pennsylvania have completed multiyear fundraising campaigns that netted $3.9 billion and $3.5 billion, respectively.

 

Read more at: Phys.org

Featured news from related categories:

Technology Org App
Google Play icon
86,998 science & technology articles

Most Popular Articles

  1. You Might Not Need a Hybrid Car If This Invention Works (January 11, 2020)
  2. Toyota Raize a new cool compact SUV that we will not see in this part of the world (November 24, 2019)
  3. An 18 carat gold nugget made of plastic (January 13, 2020)
  4. Human body temperature has decreased in United States, study finds (January 10, 2020)
  5. Donkeys actually prefer living in hot climate zones (January 6, 2020)

Follow us

Facebook   Twitter   Pinterest   Tumblr   RSS   Newsletter via Email