Johns Hopkins University has announced the public launch of a $4.5 billion fundraising campaign focused on "advancing discovery and creativity, enriching the student experience, and solving global problems as One University."
Since the launch of its "quiet phase" in 2010, the Rising to the Challenge campaign has raised $1.94 billion, or 43 percent of its goal. A major milestone of the campaign, which is scheduled to end in 2017, was New York City mayor Michael Bloomberg's commitment of $350 million — the largest gift ever to the university — in January.
Funds raised by the campaign will be used to create up to three hundred endowed professorships and provide more than $700 million for financial aid and fellowships. The campaign's overall goal also includes $2.4 billion for Johns Hopkins Medicine, which comprises Johns Hopkins Health System and its six hospitals as well as the university's School of Medicine.
In addition, the campaign hopes to raise $700 million for five signature initiatives: the Johns Hopkins Individualized Health Initiative ($300 million), the Johns Hopkins Institute for the American City ($100 million), the Johns Hopkins Global Health Initiative ($100 million), the Johns Hopkins Science of Learning Institute ($100 million), and the Johns Hopkins Institute for Water ($100 million). Additional initatives may be added as new opportunities for interdisciplinary efforts arise.
"Humanity today confronts both age-old questions and burning new ones unlike any we have faced before," said JHU president Ronald J. Daniels. "Our job at Johns Hopkins is to rise to the challenge, to develop the tools and the talent, and to help humanity resolve those questions — on campus, in our communities, and around the world. That's what this campaign is about."