Giving
Michigan State’s Capital Campaign continues success despite challenging economy
Last fall, Michigan State University formally announced the university’s largest fundraising campaign ever, with an envisioned goal of $1.2 billion. As a part of this effort, the Broad School is endeavoring to raise $125 million to support its own academic programs.
At the end of the 2002-03 academic year, the Broad School gathered $62,754,731 in campaign gifts and commitments, an increase from the $50,638,474 at the end of the previous fiscal year. This represents 51 percent of the goal, with 50 percent of the campaign timeline elapsed.
The primary focus of the campaign within the Broad School continues to be the intellectual capital of the college – to ensure that the Broad faculty and students continue advancing knowledge and transforming lives.
Annual results
For the 2002-2003 academic year, $6,983,909 has been totaled in receipts, down 46 percent from the previous year’s $13,008,676.Last year’s total included $6,582,476 in episodic gifts-in-kind. Subtracting these large gifts-in-kind from last year’s totals, this year’s total of $6,983,909 compares very favorably, representing an increase of 6 percent. The Broad School is grateful for the support it has received, especially in what many would recognize as the most challenging fundraising environment in years.
