Oregon State University has raised more than $1.1 billion in its first comprehensive funding-raising campaign.
The land grant university had set a goal of raising $1 billion by the end of 2014 but exceeded that target 11 months early, President Ed Ray announced. Oregon State is one of only 35 public universities in the country to have crossed the billion-dollar mark in a campaign, OSU officials said.
The money will be used to create more than 600 new scholarships and fellowships for students; to
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Oregon State University has raised more than $1.1 billion in its first comprehensive funding-raising campaign.
The land grant university had set a goal of raising $1 billion by the end of 2014 but exceeded that target 11 months early, President Ed Ray announced. Oregon State is one of only 35 public universities in the country to have crossed the billion-dollar mark in a campaign, OSU officials said.
The money will be used to create more than 600 new scholarships and fellowships for students; to attract and retain great professors with higher pay and endowed faculty positions; and to renovate dozens of campus buildings.
More than 100,000 people have contributed to the campaign so far. Ray encouraged alumni and other champions of Oregon State and its work to give money during the rest of the year to broaden and deepen the university’s impact.
Donors from every state and more than 50 countries contributed. Almost 40 percent of them were first-time donors.
And a substantial number of them were big givers. More than 1,000 donated at least $100,000, including 177 donors who gave $1 million or more, the university said.
“The campaign is about developing and energizing a community of dedicated advocates, people who share our vision of what Oregon State can accomplish,” Ray said in a speech announcing the fund-raising milestone. “These partners have changed Oregon State forever – and I believe the best is yet to come.”
— Betsy Hammond