At a news conference today, University of Louisville President James Ramsey announced the university has exceeded its $1 billion goal for a capital campaign three months early. The “Charting our Course” campaign was launched in 2007 to help fund student scholarships, faculty excellence, research and new facilities.
UofL achieved the $1 billion milestone faster than any other Kentucky college and is among just 52 public universities in the United States to undertake a $1 billion campaign, according to Keith Inman, vice president for university advancement.
While the university took time to celebrate the milestone, the campaign will continue until the June 30 deadline. Currently the campaign website puts the funds raised at $1,004,587,433 with more than 76,000 donors; 186 of those donors donated more than a million dollars.
“This incredible fundraising effort has succeeded through tough financial times,” said Ramsey in a celebratory video called “A Billion Thanks.”
The media kit for the Charting Our Course initiative opens by thanking the late Owsley Brown Frazier who, along with his family, donated $50 million to the university and was the campaign’s co-chair when it was launched. The 12-page document details some of the initiatives being funded by the campaign.