“Looking forward, reaching our ambitious goal of $750 million is critical to providing the resources that will support our continuing development as a leading public research university,” SDSU President Elliot Hirshman said in a news release.
Last week, the university held a ceremony to thank alumni and supporters for the 131,000 gifts that added up to the $500 million mark. They include $106 million for scholarships and $320 million for faculty and academic programs. Through August, “The Campaign for SDSU” raised $515.8 million, including 94 gifts that topped $1 million and $49 million from current and former faculty and staff.
Sixty percent of those who took part in the effort were first-time donors.
“The Campaign for SDSU has been extraordinarily successful and we are deeply grateful to our generous donors, as well as all of the members of the university community who contributed to the campaign’s achievements,” Hirshman said.
SDSU also added to the university endowment because of the fundraising campaign’s success. It has grown by 110 percent during the first seven years of “The Campaign for SDSU.”
The university attributed improvement in its rankings to the additional funding. San Diego State moved up 34 spots in U.S. News and World Report’s annual ranking of America’s Best Colleges, to No. 149 this year, and rose three slots among the top 100 public schools, to No. 78.
“San Diego State is a very different university than it was when I earned a degree here,” said Christopher Sickels, a 1960 graduate, president of The Campanile Foundation, whose board members aid in fundraising.
SDSU has plans for the next $250 million officials want to raise. They include endowing the Honors College, building a research endowment, adding scholarships and professor positions and constructing a new engineering and sciences building.
Other goals are to attract support and involvement from SDSU alumni and aid in the advancement of the greater San Diego area.