Stony Brook University Begins Campaign to Raise Millions for Its Endowment

Summary


Stony Brook University has quietly begun a campaign to raise millions for its endowment to help pay for a host of projects and faculty positions.

The school would not release how much it hopes to raise but said it started to reach out to potential donors in the fall. Before opening the campaign to the general public this spring, the school hopes to raise 40 percent of its goal.

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Extract


Stony Brook University Begins Campaign to Raise Millions for Its Endowment

As of June 2003, the SUNY Stony Brook Foundation had $43.7 million in its endowment, ranking 450th among the institutions polled by the National Association of Colleg...

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