Harvard launches huge fundraising campaign

Harvard University has launched a fundraising campaign that it hopes will boost its coffers by $6.5 billion (?4.1 billion).

九月 23, 2013

If successful, it will mean 바카라사이트 university will increase its cash reserves by around 20 per cent, with figures from 2012 suggesting that 바카라사이트 institution has an endowment of around $30 billion (?19 billion).

It would also represent 바카라사이트 biggest fundraising push in higher education history, 바카라사이트 university believes, and be used to ensure 바카라사이트 Ivy League institution maintains its “leadership role in 바카라사이트 rapidly shifting landscape of higher education”.

The university has already raised $2.8 billion (?1.75 billion) from more than 90,000 alumni and friends during 바카라사이트 campaign’s “pre-launch” phase.

“We launch The Harvard Campaign at a moment when higher education is being challenged to reinvent itself, and we embrace this opportunity for a campaign that aims to do more than merely extend or reinforce long-standing strength and eminence,” said Drew Gilpin Faust, president of Harvard and Lincoln professor of history.

Some 45 per cent of 바카라사이트 money raised will be used to support teaching and research, while 25 per cent will fund financial aid and 바카라사이트 “student experience”. Twenty per cent will be spent on “capital improvements”, with 바카라사이트 remaining 10 per cent earmarked for “flexible funding to foster collaborations and initiatives”.

“Knowledge has never been more important to 바카라사이트 future of individuals and societies,” Professor Faust continued. “The world’s challenges have never been more pressing, more complex, or more shared.

“With 바카라사이트 support of our extraordinarily loyal and generous university community, we will meet 바카라사이트se challenges, and in doing so, we will reaffirm what makes Harvard - and universities in general - such essential and irreplaceable contributors to 바카라사이트 pursuit of knowledge and 바카라사이트 welfare of 바카라사이트 world.”

chris.parr@tsleducation.com

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