Cedar Rapids, Iowa News, Sports, and Weather
Univ. of Iowa Leaders Announce $1.7 Billion Fundraising Campaign
By Diane Heldt & Chris Earl, Reporters
IOWA CITY, Iowa Student scholarships, faculty and research support and campus facilities are among the priorities for the University of Iowa's record-setting $1.7 billion fundraising campaign, officially announced by UI leaders Thursday.
More than $1 billion already has been raised toward the goal dating back to 2008, UI President Sally Mason said, with the campaign end date set for December 2016.
The campaign -- the largest fundraising effort in UI history -- has been in the quiet phase for years. UI leaders made the official announcement Thursday, kicking off the final, public phase of "For Iowa. Forever More: The Campaign for the University of Iowa."
There have been more than 116,500 individual gifts so far, and the campaign to date has endowed 317 new student scholarships and support funds, 118 new research support funds and 88 new faculty support funds.
The three priorities of the campaign are educating students; boosting discoveries in medicine, health fields and environmental science; and enriching commerce, culture and communities for Iowans.
The money will benefit students and faculty by providing endowed scholarships, study abroad experiences, leadership training, research experiences, student entrepreneurship initiatives, internships, endowed faculty chairs and professorships and faculty development opportunities, UI officials said.
The money also will help build new facilities and renovate existing buildings, including helping with flood recovery on campus. New structures include the John and Mary Pappajohn Biomedical Discovery Building (scheduled to open in 2014); the UI Children's Hospital (scheduled to open in 2016); and a new Hancher, School of Music, and Art Building (all scheduled to open in 2016).
The university's last comprehensive campaign raised a then-record $1.05 billion from 1999 to 2005.