Johns Hopkins Wants Even More Money

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Johns Hopkins University

Back in 2013, Johns Hopkins announced its plans to raise $4.5 billion by 2017. Apparently, that wasn’t enough money — or enough time.

Yesterday, the university said that now it actually hopes to amass $5 billion, and that it’s giving itself until June 2018 to do so. The money will go to things such as endowed professorships, cancer research, undergraduate student aid, and new buildings for institutes such as the Bloomberg School of Public Health. So far, 225,000 people have donated to the university (which, incidentally, also has one of the highest undergraduate tuitions in the country.) The most notable donor is, of course, Michael Bloomberg, who has pledged $1 billion to his alma mater.

“For more than five years, Johns Hopkins has pursued a truly monumental enterprise that is our Rising to the Challenge campaign,” said university president Ronald J. Daniels. “Our efforts were motivated by an unwavering belief in the power of reason and ideas, to shape and guide human behavior. Now we must do more for the people who will transform those ideas into realities—our professors, clinicians, and undergraduate and graduate students.”

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