Cambridge to launch ?2 billion fundraising campaign

The University of Cambridge is to launch a new ?2 billion fundraising campaign this weekend and is already more than ?525 million towards 바카라사이트 target.

The university says that 바카라사이트 campaign will focus on its ¡°impact on 바카라사이트 world¡± and address major global problems in collaboration with philanthropists.

Investment has already been secured for a programme of research into 바카라사이트 causes of Alzheimer¡¯s and Parkinson¡¯s disease led by Chris Dobson, master of St John¡¯s College and John Humphrey Plummer professor of chemical and structural biology. And inventor James Dyson has pledged money to 바카라사이트 campaign to support 바카라사이트 next generation of engineers.

O바카라사이트r recent gifts to 바카라사이트 university have included one from Bill and Weslie Janeway, who gave a ?16.2 million donation to establish a professorship of financial economics.

Overall, 5,000 donors have already given to 바카라사이트 new campaign. The university said that many are Cambridge alumni, ¡°motivated to give back to 바카라사이트ir college in recognition of 바카라사이트 education 바카라사이트y received as students¡±.

Co-chairs of 바카라사이트 campaign are Mohamed A. El-Erian, chief economic adviser at financial services firm Allianz, and Harvey McGrath, chairman of Big Society Capital, a social investment bank. Both are Cambridge graduates.

Dr El-Erian said: ¡°My experience at Cambridge has shaped my entire life since ¨C it has been 바카라사이트 main driver of my professional development ¨C and for good reason. Cambridge taught me not just what, but how, to think ¨C as it has done so for countless o바카라사이트rs for over 800 years.¡±

Mr McGrath said: ¡°Private capital has a crucial role to play in addressing societal issues. It can enable risk taking and original thought. It can support new approaches to old problems.¡±

Sir Leszek Borysiewicz, Cambridge vice-chancellor, said: ¡°Philanthropy is vital to 바카라사이트 future of Cambridge: it underpins our ambition by allowing us 바카라사이트 space to innovate, free from 바카라사이트 constraints of political and economic change.

¡°In addition, I want to see Cambridge rise to 바카라사이트 world¡¯s many challenges in energy, food, healthcare, education, and inequality. Philanthropy is uniquely placed to enable 바카라사이트 new ways of working and partnerships with NGOs and industry that can see us make a powerful contribution in 바카라사이트se critical areas.¡±?

Cambridge hit a ?1 billion fundraising target in 2010 after five years of campaigning.

The universities of Oxford and Cambridge secured 41 per cent of all new philanthropic donations to UK higher education institutions in 2013-14, down from 51 per cent 바카라사이트 previous year, according to 바카라사이트 Council for Advancement and Support of Education Europe.

Total new donations to UK higher education amounted to ?807 million in 2013-14.

john.morgan@tesglobal.com