Boston, MA 05/06/2013 (wallstreetpr) – The fund raising program of Johns Hopkins University has set a target to raise $4.5 billion from the donors to finance its various fellowship and professorship programs and health initiatives. The Baltimore based university plans to allot $700 million of the funds to finance fellowships at undergraduate and graduate levels. In addition, the institution also plans to offer around 300 endowed professorships with the help of the funds. Further, $2.4 billion of the funds would be used for various health initiatives of the university. These initiatives include the American City – a global health initiative, a Science of Learning institute for water and an individualized health initiative. The university’s other functions would receive $2.1 billion, out of which 9% would be allotted for various infrastructure and capital needs.
Silent Phase Of 2010 Fund Raising
The university’s previous fund raising program in January, 2010 has managed to raise $1.94 billion from around 150,000 donors. The 1964 graduate of the university, the Mayor of New York and the founder of Bloomberg LP – Michael Bloomberg had already contributed $350 million to this 2010 phase of the fund raising program. Hence this new target of $4.5 billion proves realistic and achievable. Founded in 1876, the university has to its pride many reputed persons who graduated from the institution. The infamous student of the university – Woodrow Wilson, the 28th President of United States, received his doctoral degree in 1886. The chairman of Liberty Media Corp, John Malone, graduated from the institution with a Master’s of Science in Industrial Management and PhD in Operations Research.
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