By TONIA HILL
The University of Chicago (U. of C.) announced Monday, March 6, that it will expand the fundraising goal of the U. of C. Inquiry and Impact campaign to $5 billion.
The public phase of the campaign launched in 2014 with an original goal of raising $4.5 billion to support pioneering scholarship by faculty and researchers, educational opportunities for students at all levels, and the university’s commitment to impact locally and globally.
Expansion of the campaign goal will help to strengthen new concerns and assist undergraduate and graduate students and research from different fields. Also, it helps extend the Odyssey Scholarship Program, which offers comprehensive support and career development opportunities for undergraduate students in need.
When the campaign was launched in 2014, U. of C. also announced a public goal to engage 125,000 of about 180,000 alumni. According to U. of C. the campaign as of March of this year, has raised more than $3.61 billion and engaged with more than 100,000 alumni.
The $500 million increase in the campaign goal was approved unanimously at a recent meeting of the Board of Trustees.
U. of C.’s Inquiry and Impact campaign is the university’s fifth major fundraising campaign. The earliest campaign began in 1886-1890 and its the most recent campaign ran from 2000-2008 raising $2.38 billion exceeding its original $2 billion goal.
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March 6, 2017 at 10:47AM