Cornell surpasses $5.75 billion fundraising goal by more than $500 million

Recently, Cornell University marked the end of its wildly successful Cornell Now capital campaign, which grossed $6.36 billion over nine years, far surpassing the institution’s fundraising goal of $5.75 billion. The campaign was initiated in 2004 and launched in 2006 with the name Far Above, and was later renamed Cornell Now. The campaign wrapped up on December 31, 2015, making for a banner year for gifts to the university and an exciting way to mark Cornell’s 150th anniversary.

The capital campaign raised funds for university-wide priorities, boosting financial aid for students, strengthening faculty, and improving campus facilities. Gifts from the Cornell Now campaign have also been integral in creating transformative programs like Engaged Cornell and Tata-Cornell Agriculture and Nutrition Initiative.

At the celebration event, Cornell President Elizabeth Garrett made an announcement of a $50 million gift commitment from Robert F. Smith, the founder and CEO of Vista Equity Partners, and an ’85 chemical engineering degree recipient from Cornell’s School of Chemical and Biomolecular Engineering. The gift will go toward building the representation of African Americans and women in engineering, supporting the School of Chemical and Biomolecular Engineering, and creating an undergraduate fellowship program.

Read the full story in the Cornell Chronicle.

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