Columbia Sets New Goal for Fundraising Campaign to Support Financial Aid, New Faculty and Facilities
To sustain its mission of teaching, research, patient care and public service in the years ahead, Columbia University is expanding its current fundraising goal to $5 billion. Even though the multi-year Columbia Campaign has spanned a severe economic recession, it remains on pace to exceed its original $4 billion goal for new gifts and pledges nearly a year ahead of schedule.
- enhanced financial aid, including nearly $100 million for Columbia College and $43 million for Columbia Engineering;
- more than $100 million in faculty support, including major initiatives at the College of Physicians and Surgeons, Columbia Law School, and in support of assistant professorships in Columbia College’s Core Curriculum;
- more than $300 million for the construction of new facilities at Columbia University Medical Center, Baker Athletics Complex, and the new Manhattanville campus–future site for state-of-the-art buildings for Columbia's Business School, School of the Arts, and School of International and Public Affairs; and
- programming that reflects Columbia’s leadership on a global scale at the Graduate School of Architecture, Planning and Preservation, the School of International and Public Affairs and the Earth Institute, among others.
- $400 million from the late John W. Kluge (CC’37, HON’88)—the largest gift ever in support of financial aid at a single institution;
- $250 million from the late Dawn Greene (HON’08) and the Jerome L. Greene Foundation—the largest gift ever for a single facility at a U.S. university—to establish the Jerome L. Greene Science Center, which will house Columbia’s Mind Brain Behavior Initiative;
- more than $100 million from Gerry Lenfest (LAW’58, HON’09), almost half in support of endowed professorships at Columbia Law School and in the Arts and Sciences;
- $100 million from Henry R. Kravis (BUS’69)—the largest gift ever to Columbia Business School—to support the construction of its new home on the Manhattanville campus; and
- $50 million from P. Roy Vagelos (PS’54, HON’90) and Diana Vagelos (BC’55) for a new medical education building at Columbia University Medical Center, the largest gift ever to the College of Physicians and Surgeons.
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In Memoriam: Harvey J. Goldschmid
Columbia Law School Professor Harvey J. Goldschmid ’65, a renowned corporate governance expert who served as a commissioner and the top attorney at the U.S. Securities and Exchange Commission and played a key role in implementing one of the most sweeping federal securities laws in U.S. history, died on Feb. 12. He was 74.
Goldschmid, the Dwight Professor of Law, was an alumnus of Columbia Law School and Columbia College. He joined the Columbia Law School faculty in 1970 and became the Dwight Professor of Law in 1984.