The University of Michigan Exceeds Funding Expectations
Friday, February 06, 2009
The University of Michigan recently ended an 8-year capital building campaign, "The Michigan Difference", raising them a stunning $3.2 billion. They trumped their goal by $700 million in the four year period - a 28% overage. The money will support 191 professorships, 1,969 scholarships, new student programs, groundbreaking research and 22 building projects. U of M campaign success is believed to be the greatest achieved by a public university to date.
The Michigan Difference was founded to support five core university values and activities:
- Fulfilling the promise of science and technology
- Enriching the student experience
- Inspiring a life of arts and culture
- Advancing health and society's well-being
- Preparing leaders for the local and global community
- $545 million was made available for student support and endowed scholarships
- Endowed professorships increased by 69%
- New construction and building projects across campus with a sampling including: the Ross School of Business, Weill Hall, the Biomedical Engineering Building, the Children's and Women's hospital, the baseball and softball complex, the Walgreen drama center, and the expansion of the Kelsey museum.