October 11, 2007 - 12:00am
By Ming Dang
“We have work to do,” said President David Skorton on Oct. 26, 2006 when he officially announced the launch of Cornell’s capital campaign.
Less than a year later, it seems the administration has taken its president’s words to heart, having raised $1.72 billion out of the proposed $4 billion over five years.
“The campaign has made very strong progress since our public launch last October,” said Jim Mazza, campaign director. “During the past fiscal year, which ended June 30, Cornell had its most successful fundraising year in its history, with $754.8 million in new gifts and commitments, with nearly $300 million designated to priorities on the Ithaca campus and the balance to initiatives at Weill Cornell Medical College.
