ATLANTA (AP) - Emory University officials have announced the school has raised $1.69 billion during a 7-year fundraising effort.
University officials Monday said nearly 150,000 people contributed to Campaign Emory, a fundraiser which is set to bolster scholarship offerings, academic programs and support programs for students and staff, among other things.
University President James Wagner says the money will also help boost the school's endowment. Elaine Justice, a university spokeswoman, says $400 million will be used to create 351 new endowments with specific uses.
Wagner says the money will not impact proposed cuts to certain academic programs that were announced in September and are set to unfold over several years.
Despite launching Campaign Emory in a time of economic uncertainty, officials say the campaign was the school's most ambitious and successful fundraising effort.
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Friday, May 17 2013 11:59 PM EDT2013-05-18 03:59:14 GMT
Who wants to a millionaire? How about 600 times over?
Who wants to a millionaire? How about 600 times over? The already gigantic Powerball jackpot for this Saturday night's drawing has risen again, hitting $600 million at noon on Friday—which is the highest in the history of the game.
