http://www.nola.com/education/index.ssf/...cart_river

Quote:Tulane University has begun a campaign to raise at least $1 billion for its endowment, President Michael Fitts disclosed Tuesday. He called the goal crucial for Tulane to remain relevant in the country's increasingly competitive higher education market.

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Fitts said Tulane raised $100 million last year, although he would not disclose the total amount the university has secured as part of the campaign. To run a $1 billion campaign, the university must raise $100 million or more every year, he said.

(12-16-2014 10:03 PM)JDTulane Wrote:  http://www.nola.com/education/index.ssf/...cart_river

Quote:Tulane University has begun a campaign to raise at least $1 billion for its endowment, President Michael Fitts disclosed Tuesday. He called the goal crucial for Tulane to remain relevant in the country's increasingly competitive higher education market.

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Fitts said Tulane raised $100 million last year, although he would not disclose the total amount the university has secured as part of the campaign. To run a $1 billion campaign, the university must raise $100 million or more every year, he said.

Impressive.

This is an area where Tulane can absolutely excel. I'm sure that the university will be successful in meeting the $1 billion goal.

Fitts just took office this past summer. He obviously hasn't wasted any time setting a very ambitious agenda. Good.

what are the plans for $1 billion?

(12-16-2014 11:11 PM)techdawg88 Wrote:  what are the plans for $1 billion?

Raising or use you mean?

Use is financial aid, investment, medical hirings, campus projects, and probably some to athletics.

I saw the official announcement in the paper today

Fitts as former Dean of the University of Pennsylvania Law School had great fund raising success there. A major reason that he was hired as Tulane President.

Guess that settles whether we think big as a school. Glad to see our president putting it out there in a big way. And to mention athletics as a focus in this type of declaration should tell everyone we expect to stay relevant across the board. Very excited today

USF has raised over $800 million on their campaign and we have very few wealth alumni and have a much shorter history then Tulane... as well as academic ranking, so I have no doubt that they can hit that figure.

(12-17-2014 09:03 PM)mtmedlin Wrote:  USF has raised over $800 million on their campaign and we have very few wealth alumni and have a much shorter history then Tulane... as well as academic ranking, so I have no doubt that they can hit that figure.

Very impressive result for USF… May I ask, how long was that campaign in effect?

(12-17-2014 09:13 PM)Native Georgian Wrote:  

(12-17-2014 09:03 PM)mtmedlin Wrote:  USF has raised over $800 million on their campaign and we have very few wealth alumni and have a much shorter history then Tulane... as well as academic ranking, so I have no doubt that they can hit that figure.

Very impressive result for USF… May I ask, how long was that campaign in effect?

Ours isnt strictly for endowment but there will be quite a bit that will be applied there. Our endowment jumped about $60 million last year and were shooting to be over $500 million within a year ot 18 months.

It was started about 4 years ago and were currently sitting at $828 million.

http://www.unstoppable.usf.edu/fnd_web/a...paign.aspx

(12-16-2014 10:03 PM)JDTulane Wrote:  http://www.nola.com/education/index.ssf/...cart_river

Quote:Tulane University has begun a campaign to raise at least $1 billion for its endowment, President Michael Fitts disclosed Tuesday. He called the goal crucial for Tulane to remain relevant in the country's increasingly competitive higher education market.

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.....


Fitts said Tulane raised $100 million last year, although he would not disclose the total amount the university has secured as part of the campaign. To run a $1 billion campaign, the university must raise $100 million or more every year, he said.

Good luck to you guys JD