Case Western Reserve University exceeds campaign goal of $1.5 billion
Case Western Reserve University has soared past its capital campaign goal, ahead of schedule and for the second time this campaign.
The university announced it had already raised more than $1.5 billion in the campaign, which is scheduled to end at the end of 2018. The original goal for what it called the Forward Thinking campaign, which launched in 2011, had been $1 billion — a goal that was met in 2014. The university ultimately expanded the goal of the campaign to $1.5 billion and the end point from 2016 to the end of 2018.
President Barbara R. Snyder shared the news at an event on Thursday, Oct. 5, for the university's homecoming weekend. The news release noted that she also announced a few notable donations, including a commitment of $20 million from alumnus Bob Aiken and his wife, Brenda Aiken. The couple was impressed by the work being done by the university's Department of Biomedical Engineering and their gift will support research and education in that area.
The release also highlighted a $1 million pledge for undergraduate scholarships from university trustee Donald J. Richards, an area for which the university has established a "mini-campaign" and a $2 million commitment from trustee Tim Callahan's family foundation to support the Health Education Campus. The gift from Callahan took the campaign past the $1.5 billion mark, the release stated.
The campaign goal has not been raised, but fundraising will continue through 2018. So far, the campaign has raised nearly $216 million for student scholarships and fellowships, as well as funding for 90 endowed professorships, the release stated.
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