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GW CENTURIES CAMPAIGN REACHES HISTORIC HIGHS Washington -- The George Washington University�s Centuries Campaign has raised $300 million--60 percent of its $500 million goal�and still has more than four years remaining in the Campaign. In fiscal year 1999 alone, the University received $70 million in new gifts and commitments. The Campaign was announced in February 1996 as a university-wide priority to build GW�s endowment. The original Campaign goal was to raise $300 million by 2000, however by October 1998, over 75 percent of the goal was achieved. Consequently, the Board of Trustees increased the goal to $500 million and extended its completion date to 2003. "The Campaign�s success is an overwhelming response and a symbol of confidence from GW�s many alumni and friends," explained Charles T. Manatt, Centuries Campaign chair. Gifts to the Campaign have established 270 endowed funds, including 26 endowed chairs and professorships, 139 scholarships, fellowships and prize funds and almost 80 endowments for department and program support. Additionally, Campaign gifts have supported new facilities on the Foggy Bottom campus including the new Mid-Campus Quadrangle, the Health and Wellness Center, Media and Public Affairs Building, and Marvin Center renovations. Plans are being made for a new building for the School of Business and Public Management and improved athletic facilities at the Mount Vernon campus. In addition to capital gifts, the Centuries Campaign includes annual giving. As a result of the Campaign, the percentage of undergraduate alumni who participate in annual giving has increased from 16 percent to nearly 30 percent, exceeding the national average for all colleges and universities. The University�s previous campaign concluded in 1990 totaling $85 million, which surpassed the $75 million goal. Located four blocks from the White House, The George Washington University was created by an Act of Congress in 1821. Today, GW is the largest institution of higher education in the nation�s capital. The University offers comprehensive programs of undergraduate and graduate liberal arts study as well as degree programs in medicine, law, engineering, education, business/public management and international affairs. Each year, GW enrolls a diverse population of 19,000 undergraduates, graduate and professional students from all 50 states, the District of Columbia and 120 countries. -- GW -- |
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©1996-2009
The George Washington University Office of University Relations,
Washington, D.C. |