Purdue announces $2 billion fundraising campaign

Purdue University has announced a fundraising campaign in the hopes of raising more than $2 billion.

Purdue's President Mitch Daniels announced the campaign called "Ever True: The Campaign for Purdue University" on Friday, WISHTV.com reported. The goal is to raise the money by the time Purdue celebrates its 150th anniversary on 2019.

The school is off to a good start, having raised $900 million from 83,000 donors since the silent phase of the campaign began in 2012.

But now the university is making a very public push.

The school hopes to raise money for a number of initiatives, including as much as $500 million to expand research and as much as $500 million for scholarships and other student support aimed at ensuring Purdue remains affordable.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.