Office of News and Information
Johns Hopkins University / 3400 N. Charles Street
Baltimore, Maryland 21218-2692
Phone: (410) 516-7160 / Fax (410) 516-5251
February 21, 1996
FOR IMMEDIATE RELEASE
CONTACT: Dennis O'Shea
Eisenhower Library Tops Initial Campaign Goal
Johns Hopkins University's Milton S.
Library already has exceeded the goal for its portion the
Johns Hopkins Initiative, a $900 million fund-raising campaign
not scheduled to end until February 2000.
Now sets sights 25 percent higher
The library has received $27.3 million in gifts and
commitments, said Michael Bloomberg, chair of the campaign and
chair-elect of the university's board of trustees. The MSEL goal
was $27 million.
With four years to go in the campaign and no good reason to
stop now, Bloomberg said, the campaign executive committee has
authorized the library to set a new goal, $34 million, about 25
percent beyond the original target.
"It's great," James Neal, Sheridan Director of the
Eisenhower Library, said of the MSEL's early success. "Our
progress demonstrates the centrality of the library to the
teaching and research missions of the university and the interest
and support we can generate.
"It's also a tribute to Champ and Debbie Sheridan and to the
commitment of others to follow their lead."
Champ Sheridan is a 1952 graduate of Johns Hopkins and a
vice chair of the university's trustees. He and his wife, Debbie,
announced their $20 million gift to the library during the public
launch of the Johns Hopkins Initiative in 1994. It included a $5
million challenge that has attracted gifts from other MSEL
A majority of the $27 million raised so far is designated
for the library's endowment, Neal said. He said the MSEL will
continue to emphasize endowment needs with potential donors.
There will also be an expanding focus on foundations and
corporations interested in information technology.
"We're in an era of what I call information schizophrenia,"
Neal said. "Libraries must continue to develop traditional
collections, and they are expanding access to electronic
The Eisenhower Library is employing technology in innovative ways
to better serve students and faculty. External support will be
essential to our continuing advancement."
Bloomberg said the entire Johns Hopkins Initiative, a joint
campaign of the university and The Johns Hopkins Hospital and
Health System, has raised about $525 million in commitments so
far. That's about 58 percent of the overall $900 million goal and
ahead of where Bloomberg had hoped the campaign would be at this
point, he said.
The effort is even farther along toward its primary target,
$525 million for endowment and capital projects. About $361
million, more than two-thirds of that goal, has been committed so
"But the first part of the campaign is the easiest part, so
this is no time to sit back and relax," Bloomberg said.
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