Columbia University pledged a couple of weeks ago to raise $4 billion.
The monies are to:
1. Build new and renovate old facilities - $1 billion,
2. Spendable support of programs throughout the university - $1.4 billion
3. To add to their endowment - $1.6 billion.
Total: $4 billion.
Not to be outdone Stanford announced a $4.3 billion fundraising effort.
Seeking Solutions
The Initiative on Human Health $500 M
The Initiative on the Environment and Sustainability $250 M
The International Initiative $250 M
Multidisciplinary Research Across the University $400 M
Educating Leaders
Improving K-12 Education $125 M
Engaging the Arts and Creativity $250 M
Reinventing Graduate Education $500 M
Extending the Renaissance in Undergraduate Education $300 M
Sustaining a Foundation of Excellence
Core Support $1.325 B
Annual Giving Across the University $400 M
Total: $4.3 B
I can read. And I can add. But what in the world do these schools really need all this money for?
The problem as I see it is NOT that they say they need it, but that someone/s will give it to them.
What do you think?
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