University of Miami Passes $1 Billion in Fundraising Bid

Source: businessweek.co Posted By: Mary P...4442 days ago

The University of Miami has raised more than $1 billion in its fundraising campaign as President Donna Shalala seeks to bolster medical research and increase financial aid and faculty at Florida’s top-rated college.

Since January 2008, the school has received 124 donations of more than $1 million as it targets $1.6 billion by 2016, Shalala said in a phone interview from the Coral Gables campus. The single largest gift, $100 million, came from the Diabetes Research Institute Foundation after Shalala....

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