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University of Maryland Hits $1 Billion Fundraising Goal

February 11, 2013
Contacts: 

Crystal Brown 301-405-4618

Great ExpectationsCOLLEGE PARK, Md. - The University of Maryland successfully raised $1 billion in its recently concluded Great Expectations fundraising campaign.

"Reaching the billion-dollar mark is a striking accomplishment, but it is the impact on students, faculty and staff that is truly historic," says University of Maryland President Wallace Loh. "This support greatly strengthens our core work—providing scholarships, endowing chairs, building advanced facilities and sparking innovation."

The Campaign for Maryland final tally was more than $1,008,000,000. It includes almost $253 million in student scholarship and financial aid; close to $132 million to help recruit, retain and advance pre-eminent faculty; nearly $173 million in support of research and innovation; $305 million for high-tech buildings and classroom upgrades, arts venues, and athletic and other facility and infrastructure needs; nearly $124 million in program support; and more than $21 million in unrestricted funds. Numbers are rounded to the nearest million.

The campaign publically launched in late 2006 and was quickly followed by one of the worst recessions in the nation's history. At the time it began, Great Expectations was the largest fundraising drive ever undertaken by a public institution in the Washington, D.C./Baltimore region and the largest campaign of any public university in the state of Maryland.

"The successful completion of Great Expectations is a testament to the pride and dedication of our outstanding alumni and friends," says Vice President for University Relations Peter Weiler. "Nearly 130,000 individuals, companies, and foundations contributed, including 125,000 of our terrific alumni. Every gift, large and small, is helping to propel the university forward to greater excellence and impact."

Strategic direction for the successful completion of the Great Expectations campaign was provided by the University of Maryland College Park Foundation, led by Executive Committee Chair John N. Lauer '63, and a large portion of the campaign was conducted under the leadership of former University of Maryland President C. D. (Dan) Mote, Jr..

"Congratulations and thanks to our foundation Board of Trustees and to my predecessor, Dan Mote, to our University Relations team, our faculty, students and alumni, and, most of all, to our supporters for embracing the future," says President Loh. "Together, we have fulfilled our Great Expectations."