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Fordham Raises $72 Million for Record Year









 

Fordham Raises $72 Million for Record Year

Despite the unsettled economy, Fordham realized another record-breaking fundraising year—its fifth in a row, raising $71.9 million in gifts and new pledges for an increase of 6.5 percent over the previous fiscal year. As of July 1, Excelsior | Ever Upward | The Campaign for Fordham has raised $277.9 million of the $500 million goal.

“I cannot give enough credit to the campaign volunteers and staff,” said Al Checcio, vice president for development and university relations. “Even in one of the toughest economic climates I’ve seen in my career, our trustee volunteers and professional staff have been able to convey the importance of Fordham’s mission, and the need to support that mission financially. As Fordham moves forward in the public phase, the schools and colleges will play a larger, more active role.”

The campaign will raise $500 million to support new facilities, more student scholarships, more endowed faculty chairs and more funding for academic endeavors throughout Fordham’s colleges and schools. Half of the money raised will fund academic improvements, including $150 million for endowed scholarships and endowed professorships and $100 million in support for various academic endeavors.

This year Fordham raised $32.6 million in cash (gifts and pledge payments), and $50.1 million in pledges. At the end of the “silent phase” of the campaign, in March, the University had raised $266 million: more than half the overall goal.



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