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Johns Hopkins Initiative News

Office of News and Information
Johns Hopkins University / 3400 N. Charles Street
Baltimore, Maryland 21218-2692
Phone: (410) 516-7160 / Fax (410) 516-5251

September 30, 1994
FOR IMMEDIATE RELEASE
CONTACT: Dennis O'Shea
dro@jhu.edu

The Johns Hopkins Initiative: Fact Sheet

Goal: To raise $900 million in private funds to increase endowment, fund capital projects and support ongoing programs of the Johns Hopkins Institutions (i.e., The Johns Hopkins University and The Johns Hopkins Hospital and Health System).

Priorities: The primary aim of The Johns Hopkins Initiative is to substantially increase the university's relatively small endowment and to fund pressing construction and renovation projects for both the university and the health system. Of the $900 million overall goal, $525 million is for endowment and capital purposes. The remaining $375 million is for support of current programs, including through annual giving.

Duration: The public phase of the Johns Hopkins Initiative begins on Saturday, Oct. 1, 1994. The campaign is to conclude in the year 2000.

Advance Gifts: The boards of trustees of the university and the health system authorized the institutions to accept gifts for the campaign beginning July 1, 1991. Since then, lead donors have been asked to show their support and enthusiasm with advance pledges and gifts for endowment and capital purposes. To date, advance gifts and pledges total $274.6 million, or 30.5 percent of the total goal.

The two largest advance gifts are a $50 million challenge for endowment in the School of Arts and Sciences by the Zanvyl and Isabelle Krieger Fund, and the $20 million gift being announced today for the Eisenhower Library from R. Champlin and Debbie Sheridan.

Last campaign: The Campaign for Johns Hopkins was publicly launched in September 1984 and lasted until February 1990. The campaign raised a record $644 million, 43 percent more than the original goal of $450 million.

The Campaign for Johns Hopkins was significantly different in character, however, from The Johns Hopkins Initiative. The earlier effort raised $247.5 million, or 38 percent of the total, for endowment and facilities. The Johns Hopkins Initiative seeks to increase that portion to 58 percent; the emphasis on the university's critical need for endowment, in particular, makes this a difficult goal to accomplish. Endowment money is the hardest to raise.

Goals by unit:

Unit                                            Goal

School of Arts and Sciences.....................$140 million
School of Continuing Studies....................$  9 million
Eisenhower Library..............................$ 27 million
School of Engineering...........................$ 50 million
Homewood Schools................................$  8 million
School of Hygiene and Public Health.............$ 80 million
Johns Hopkins Medicine..........................$455 million
(School of Medicine $355 million)
(Johns Hopkins Hospital and Health System $100 million)
School of Nursing...............................$ 19 million
Peabody Institute...............................$ 20 million
School of Advanced International Studies........$ 40 million
Nanjing Center..................................$  4 million
Academic centers and university-wide needs......$ 48 million
TOTAL...........................................$900 million

Priority projects:

All divisions of the university seek substantial gifts of endowment to increase financial aid for both undergraduate and graduate students, to create endowed chairs for both young faculty and senior professors, and to provide seed money for new research projects.

Priority capital projects include the new comprehensive Cancer Center at The Johns Hopkins Hospital, new buildings for the School of Nursing and the School of Hygiene and Public Health, renovations of the Eisenhower Library and several Engineering School buildings at the Homewood campus, and student activity and recreation space at Homewood.


Johns Hopkins University news releases can be found on the World Wide Web at http://www.jhu.edu/news_info/news/
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