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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Sunday, May 19 2013 2:00 PM EDT2013-05-19 18:00:39 GMT
President Barack Obama addressed a crowd of soggy graduates and guests at Morehouse College's spring commencement ceremony on Sunday.
President Barack Obama addressed a crowd of soggy graduates and guests at Morehouse College's spring commencement ceremony on Sunday, telling graduates to take the power of their example-- as black men graduating from college-- and use it to improve people's lives.
Sunday, May 19 2013 1:53 PM EDT2013-05-19 17:53:40 GMT
President Barack Obama addressed graduates at Morehouse College's commencement ceremony in Atlanta on Sunday.
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Saturday, May 18 2013 10:09 PM EDT2013-05-19 02:09:05 GMT
They say you can't win if you don't play, and thousands of people are. The jackpot for Saturday night's Powerball drawing is an estimated $600 million, giving many a bad case of lottery fever.
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