The Columbia Campaign was the largest ever launched in higher education when announced in 2006, with a goal of $4 billion. And it remained among the largest when, in 2010, that goal was surpassed ahead of schedule and the campaign was expanded to raise $5 billion by December 2013. As of the close of fiscal year 2012, Columbia University alumni, parents, and friends have contributed more than $4.97 billion toward the campaign — representing a remarkable 99.4 percent of the $5 billion goal. Of that total amount, Columbia Business School alumni and friends have given approximately $413 million to date toward the Business School’s $600 million campaign goal.
This year, generous donors continued to invest in the School’s People and Programs initiative, establishing four new scholarship and fellowship funds to provide financial aid to deserving MBA and doctoral students. Several other donors added to their existing scholarship funds in order to enhance the impact of the financial aid awards they fund. It was also exciting to see three faculty members named as the inaugural appointees to professorships that were established during the current campaign. Katherine Phillips is the first Paul Calello Professor of Leadership and Ethics; Geoffrey Heal is the first Donald C. Waite III Professor of Social Enterprise; and Damon Phillips is the first James P. Gorman Professor of Business Strategy.
Following the example set by Henry Kravis ’69, Leon G. Cooperman ’67 pledged his leadership support toward the construction of the School’s new facilities with a gift of $25 million. Other major commitments made this year toward the new facilities included gifts from Charles W. Tate ’72, Paul Montrone ’66 and the Penates Foundation, and from others who wish to remain anonymous. The development of new facilities represents a truly game-changing proposition for the School, as it will enable Columbia Business School to unlock its full potential.
To find out how you can support the campaign, or for more information, please contact Lisa Yeh at email@example.com or 212-854-5359.