Duquesne University Capital Campaign Total Exceeds $163.5 Million
At a gala attended by about 400 Duquesne University friends and alumni on Friday, President Charles J. Dougherty announced that Duquesne's Advancing Our Legacy capital campaign raised more than $163.5 million, making it the most successful fundraising effort in University history.
"Your generosity has touched every student and every corner of this campus," Dougherty told the donors present. "Its impact extends far beyond our Bluff through our outreach, and most of all, through our students and alumni who will carry their Duquesne education and experiences to the ends of the Earth, for years to come."
The campaign, which officially concluded on Dec. 31, 2012, surpassed the goal of $150 million a year earlier. It achieved several notable milestones:
- More than $72.7 million restricted to endowments, creating 114 new endowed scholarships and 109 permanent programmatic support funds.
- Duquesne received the largest individual gift in University history: $12.5 million from the foundation created by the late philanthropist William S. Dietrich II.
- More than 3,600 parents contributed; 81 percent of these were first-time donors.
- Nearly 1,100 faculty and staff contributed in excess of $2 million.
- More than 2,300 corporations and foundations gave more than $49 million.
- Contributors made 20 gifts of $1 million or more and 34 gifts of $500,000 or more. In the University's first 125 years, only six million-dollar-level gifts were recorded and only eight were recorded at the half-million mark.
- Of the 63,961 total donors, more than half made their first gifts to Duquesne.
The campaign achieved its goals for each of its three focus areas: academic quality, student experience and scholarships. While Advancing Our Legacy has ended, Dougherty said, these priorities remain as the University builds on momentum generated by the campaign.
"Our aspirations and needs do not follow calendars or cycles," he said. "To serve God by serving students demands that we continuously improve teaching and learning, enhance the student experience and ensure that all students have access to a Duquesne education.
"We are engaged, energized and ready to pursue not just a campaign, but our enduring mission."