Stanford Challenge raises $6,2 billion
To universities, gathering donations is an art. Ivy leagueuniversities are especially adept at convincing their alumni andother stakeholders to contribute money to their cause. StanfordUniversity now showed that a targeted campaign can in fact raise asmuch as $6,2 billion (€4,7 billion) within five years.
Back in 2006, Stanford’s President John L. Hennessy
- $1.4 billion for multidisciplinary initiatives. Among themthree transformative initiatives designed to make groundbreakingadvances in human health, environmental sustainability andinternational peace and security
- $1.175 billion for initiatives to improve K-12 education,strengthen Stanford’s undergraduate programs, reinvent and enhancegraduate programs and engage all students in the arts and thecreative process through exhibitions, performances andresearch
- $1.725 billion in core support and annual giving to sustainStanford’s breadth of excellence in teaching and research
Ultimately, the campaign organizers exceeded their $4,3 billiontarget by $1,9 billion. $250 million (€188 million) of these fundsare now designated to flow into scholarship financing. Creating acampaign on this scale appears hardly possible at a Europeanuniversity.
In the U.S., it is rather common for alumni and otherstakeholders to donate money to universities. Nevertheless, thisinitiative remains interesting from the point of view that itbundled Stanford’s fundraising effort into one program with acommon vision and strategy. Accordingly the campaign’s co-chaircommented that “a core strength of Stanford is its ability tofunction as one university and not just a collection of separateschools and institutes.”
Onderwijs zorgt zelf voor stress bij studenten
‘Verstoorde arbeidsverhouding’ als ontslaggrond ondermijnt sociale veiligheid’
“De universiteiten in Nederland zijn op de rug gaan liggen voor Big Tech”
Valoriseren door een snelweg te blokkeren
‘Debat over internationalisering meer vanuit emotie dan feiten gevoerd’