New Capital Campaigns: a Sampling
November 3, 2014 | Read Time: 2 minutes
Billings Family YMCA
$2.5-million
Announced: April, after raising money quietly for a year
Planned end date: 2015
What it’s raising money for: $2.2-million for building renovations and improvements; $300,000 for endowment
Cleveland Clinic
$2-billion
Announced: June, after raising money quietly since January
Planned end date: 2021
What it’s raising money for: $800-million for capital projects locally and in Florida and for patient programs; $700-million for research; $400-million for physician and caregiver training, including a new health-education campus in partnership with Case Western Reserve University
Harvard Business School
$1-billion
Announced: Kicked off the public phase of a five-year, $6.5-billion drive for Harvard University in July 2013. The business school’s campaign, which is included in the university’s drive, was launched in April of this year.
Planned end date: 2018
What it’s raising money for: The business school drive includes $250-million for research and faculty expansion; $200-million for education programs, like HBX, its new online learning venture; and $150-million for international initiatives
Haverford College
$225-million
Announced: October, after raising money quietly since July 2010
Planned end date: June 2017
What it’s raising money for: $60-million for campus projects; $40-million for curriculum development; $40-million for endowed student scholarships
Madonna Learning Center (Tenn.)
$10-million
Announced: May, after raising money quietly since summer 2013
Planned end date: Expects to break ground on new building in August and collect money pledged through 2019
What it’s raising money for: $7-million to renovate and expand the school and adult-learning facilities; $3-million for endowment
Smithsonian Institution
$1.5-billion
Announced: October, after raising money quietly since fall 2010
Planned end date: 2017
What it’s raising money for: $756-million for exhibitions and research; $518-million for renovations and new building, including the new National Museum of African American History and Culture; $135-million for endowed staff positions
University of California at Los Angeles
$4.2-billion
Announced: May, after raising money quietly since July 2012
Planned end date: 2019
What it’s raising money for: $1.65-billion for research; $800-million for capital projects; $500-million each for student scholarships, graduate-student fellowships, and endowed professorships
