Johns Hopkins increases capital campaign goal to $5 billion
'Rising to the Challenge,' which has secured more than $3.71B from more than 225,000 donors to date, extended one year to June 2018
Johns Hopkins will increase the goal of its ongoing Rising to the Challenge campaign to $5 billion—adding $500 million to the original target—and extend the campaign by one year, to June 2018, to further increase student aid, bolster faculty and clinician support, and seize new opportunities for research to address critical issues facing our communities and the world.
With the added time, Johns Hopkins will seek to double the nearly 150 endowed professorships already established by the campaign. It aims to add $54 million to the $61 million already secured in endowed undergraduate aid and graduate student fellowships. The extension will seek sustaining support for interdisciplinary programs launched by the campaign, such as the university's Science of Learning Institute and 21st Century Cities Initiative. They were created to bring together researchers from around the university to focus on education-related questions and urban issues.
"For more than five years, Johns Hopkins has pursued a truly monumental enterprise that is our Rising to the Challenge campaign," JHU President Ronald J. Daniels said. "Our efforts were motivated by an unwavering belief in the power of reason and ideas, to shape and guide human behavior. Now we must do more for the people who will transform those ideas into realities—our professors, clinicians, and undergraduate and graduate students."
The new goal, approved recently by trustees of the university and Johns Hopkins Medicine, was announced March 3 at a Rising to the Challenge celebration at New York's Metropolitan Museum of Art.
The campaign has so far generated commitments of more than $3.71 billion from more than 225,000 donors. It is expected to surpass the previously announced $4.5 billion goal well before mid-2017, the originally planned end date.
"Rising to the Challenge is an extraordinarily apt description for what the Johns Hopkins community has done since this campaign began," said Paul B. Rothman, Frances Watt Baker and Lenox D. Baker Jr. Dean of the School of Medicine and CEO of Johns Hopkins Medicine.
"Our generous supporters stand up every day with gifts that enable our faculty, clinicians and students to rise to the challenge of innovating to defeat disease and promote health. It's exciting and humbling to have the confidence of these donors; throughout this extended campaign and after, we will strive to justify that confidence."
Rising to the Challenge: The Campaign for Johns Hopkins was launched to raise support for students, faculty, research and discovery, clinical care and interdisciplinary solutions to some of humanity's most important problems. The campaign, supporting both the university and the six hospitals and other patient care ventures of Johns Hopkins Medicine, began in a "quiet phase" in January 2010 and was publicly announced in May 2013.
"While there is no question that the sheer magnitude of the campaign is breathtaking, what truly matters are the opportunities that are created by the 225,000 donors who have joined the effort to date," said Fritz W. Schroeder, vice president for Development and Alumni Relations.
Accomplishments made possible by donors thus far during the campaign include:
A massive, multifaceted attack against cancer, including the establishment of the Skip Viragh Outpatient Center, the Greenberg Bladder Cancer Institute, the UnderArmour LiveWell Center, and the Commonwealth Foundation Center for Personalized Cancer Medicine. There has also been new funding for the Ludwig Center at Johns Hopkins and the Sol Goldman Pancreatic Cancer Research Center. Additional gifts are yet to be announced; to date, the Sidney Kimmel Comprehensive Cancer Center has raised more than $480 million for research.
The rapid growth of interdisciplinary research and teaching at Johns Hopkins with the establishment of the Bloomberg Distinguished Professorships, the Science of Learning Institute, the 21st Century Cities Initiative, the Individualized Health Initiative, and the Aronson Center for International Studies.
Important new support for Baltimore City through construction and operation of the Henderson-Hopkins school and the planned restoration of the historic Parkway Theater, housing the Stavros Niarchos Foundation Film Center, in the Station North Arts and Entertainment District.
More scholarships and fellowships, allowing more students to share in the rigors and richness of a Johns Hopkins education. This includes the creation of the Bloomberg Scholarships, the Aronson Undergraduate Scholarships in Arts and Sciences, and a forthcoming gift to endow a cohort of scholarships in the Whiting School of Engineering, all for undergraduates; as well as the MacMillan Oncology Fellowships at the Kimmel Cancer Center.