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Serving the GW Community since 1904

The GW Hatchet

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Diversity, equity official to leave GW in July
By Jenna Lee, Assistant News Editor • June 8, 2024

Capital campaign ends with $1.02 billion raised

The University’s landmark fundraising campaign drew to a close last month with a total of more than $1.02 billion raised over about three years, according to a University release Monday.

Nearly 67,000 donors made 165,000 individual contributions to the campaign, the largest fundraising effort in the University’s history, according to the release.

The campaign, reached its $1 billion goal in May, a year earlier than originally scheduled.

Nelson Carbonell, the chairman of the Board of Trustees said in May that the University would continue collecting donations for the campaign until June 30.

Officials also launched an “impact website” Monday, designed to showcase how donations to the campaign have benefitted the University. The website was introduced in an email send to all donors to the effort, according to the release.

Officials said the fundraising blitz was designed to fund academic programs, student scholarships and construction projects without raising tuition.

Donations to the campaign funded 235 new endowments for student financial aid, professorships, instructional and academic programs, libraries, athletics and others, according to the release.

“The campaign has established a successful foundation for philanthropy and set a new bar for success,” University President Steven Knapp said in the release. “It’s my hope that GW donors and alumni will stay involved with this great university and continue to give back.”

At final tally, the effort raised $163 million for construction including projects like the textile museum and the Milken Institute School of Public Health building. The $275 million Science and Engineering Hall attracted 318 donations, the most for a single project, according to the release.

Almost 8,000 donors designated their gifts to the University-wide Power & Promise fund for student aid – more than any other student program, according to the campaign’s website.

Donors gave another $177 million for student services like financial aid, scholarship programs and athletics, according to the release.

The campaign attracted $626 million for academics, launching 23 endowed faculty positions and the GW Cancer Center.

About 42,000 alumni contributed to the campaign and almost 40,000 people contributed to the University for the first time.

A $1.25 million donation to the law school, also announced Monday, was one of the last major contributions to the campaign. Officials plan to rename the law school’s learning center in honor of a prominent alumnus whose foundation made the donation.

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