IU Marks Fundraising Milestone, Raises Campaign Goal

Posted: Updated:
(Image of Michael McRobbie courtesy of Indiana University.) (Image of Michael McRobbie courtesy of Indiana University.)
BLOOMINGTON -

Indiana University says it has topped the $2 billion mark with more than two years remaining in its bicentennial fundraising campaign. The school says it has raised the goal for the For All: The Indiana University Bicentennial Campaign from $2.5 billion to $3 billion by 2020.

The public phase of the campaign launched in September 2015, with the goal of raising $2.5 billion by the school's 200th anniversary in 2020. So far, IU says more than 270,000 people have contributed, including nearly 14,000 faculty and staff donating $126 million. In addition to increasing the goal to $3 billion, the university will extend the campaign by six months, through June 2020. IU is planning a yearlong bicentennial celebration during the 2019-2020 academic year.

Indiana University President Michael McRobbie made the announcement Saturday at an event honoring those who the school says have been central to the campaign's success. He says growing and extending the campaign allows the school to take full advantage of "a time that will never happen again." McRobbie also Saturday announced a new scholarship endowment fund, "The Indiana University Advantage," designed to support students from low-income households.

The campaign targets four broad university priorities: supporting IU students and enabling their success, preparing the next generation of global leaders, developing new ideas that change the way we live and creating a healthier state, nation and world. The school says support for the campaign has led to four consecutive years of record philanthropic support for the university.

Since the campaign launched, IU says it has added 3,500 new scholarships and 147 endowed chairs and professorships across the seven IU-administered campuses throughout the state.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to IU, Second Largest in School History

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.

    • Bob Stutz

      New Role For Salesforce Exec

      After three years on the job, Salesforce Marketing Cloud Chief Executive Officer Bob Stutz is moving into a new role. Stutz, who will remain in Indianapolis, is now executive vice president of strategic partners at Salesforce (NYSE: CRM).  Since arriving in Indianapolis, Stutz has overseen the establishment of the company’s regional headquarters in downtown Indianapolis, which included the Salesforce name being placed atop the state’s tallest building.

    • Who Pays Debts After Death?

      If you have a mortgage on your house, what happens when you die?  What about a car lease or credit card debt?  Are your heirs required to pay off what you owe? What is the financial legacy that you will leave behind?  Your legacy could be the bequest of property or money, but it could also mean inheriting debt. It’s not uncommon for spouses or others to get bombarded with collection calls from creditors asking to pay the bills of a family member who has died.

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • Photo courtesy of Cummins

      Cummins Names Kennedy VP of Product Compliance

      Columbus-based Cummins Inc. (NYSE: CMI) has named Melina Kennedy vice president of product compliance and regulatory affairs. In the newly-created role, Kennedy will oversee engine emission certification, product compliance, and regulations related to Cummins products.