Emory launches ‘2O36’ fundraising campaign, denies rumor of COVID-19 embezzlement

In anticipation of Emory University’s bicentennial, the school launched the 2O36 campaign on October 22 as the second phase of a fundraising initiative designed to raise $ 4 billion by 2025.

Depending on the campaign website, fundraising efforts will focus on student development, faculty eminence and research excellence by “investing in people for the good of people.” The campaign aims to set aside $ 750 million for student support and $ 900 million for faculty support.

The silent phase of the campaign, in which the University raised funds without publicly announcing it, ran from September 1, 2017 to August 31, 2021. During the leadership phase that followed, the University has raised $ 2.6 billion from over 75,000 individual donors.

The kickoff of the campaign, which took place at an event on the quad, marked the start of the community phase. Going forward, the University will seek to inform potential donors of campaign goals and make campaign progress publicly available.

“The 2O36 campaign is about forging partnerships with a lofty goal and a bold ambition to invest in our people who will shape our destiny while proudly spreading Emory’s story,” said University President Gregory L. Fenves, in a speech at the event.

Campaign 2O36 aims to set aside $ 750 million for student support and $ 900 million for faculty support. (Ally Hom)

The campaign will focus on expanding and strengthening opportunities for students by allocating funds to student support groups. The University will use the funds to provide numerous resources and a solid foundation for students who positively impact the Emory community.

It is philanthropy that brings these amazing students to Emory so they can thrive with a distinctive college education and experience that prepares them for a life of accomplishment and service, ”Fenves said.

Investing in an endowed chair, which provides support and compensation to separate faculty, is also fundamental, notes the campaign’s website. To foster community and inspire faculty to work for the University, the campaign will aim to strengthen endowed chairs, which Fenves said “are too few and woefully underfunded,” by adding 154 new endowed chairs to the current 77. .

[Students] are immersed in a curriculum carefully cultivated by dedicated faculty, ”said Jan Love, Dean of the Candler School of Theology. “It deliberately engages the communities around us as educational laboratories to learn how to make positive changes in the lives of individuals and in society. ”

The University’s 17 schools, student life, research and academic institutions all have different campaign priorities. Goizueta Business School is keen to expand its entrepreneurship program, Emory College is keen to increase scholarships as needed, and Rollins School of Public Health is hoping to expand rewarding career experiences.

I want this campaign to reveal who we really are at Emory and what we can contribute so that we can reach new heights, ”Fenves said. “If we boldly invest in student development, faculty eminence and research excellence, Emory will lead like never before.”

In the days leading up to the event, some students claimed on social media that they believed the University had used some federal COVID-19 relief funds to fund the kickoff. Several chalk messages including “Sponsored by Emory COVID Relief Fund” on the quad during the campaign.

However, Assistant Vice President of Communications and Marketing Laura Diamond wrote in an October 27 email to The Wheel that “no federal COVID-19 relief funds have been used to support the launch of 2O36 or any other aspect of the campaign “. Diamond also said no tuition or student fees were used to fund the event.

Diamond wrote that the event was funded with money from general University funds, specifically earning interest and income on cash and short-term investments.

Emory received approximately $ 33 million in total in the three-phase Higher Education Emergency Aid Fund federal scholarships. From July 1 to September 30, 2021, Emory distributed $ 22 million directly to students with significant financial need, according to Diamond.

“The remaining $ 11 million was used to offset a small portion of the cost of student and community safety during the pandemic, this includes COVID-19 testing, student quarantine and isolation care and ‘other programs and services,’ Diamond wrote.

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