Nearly two years ahead of schedule, the University of Arizona’s most ambitious and comprehensive fundraising campaign has reached its $1.5 billion goal.
“I am so grateful to the more than 100,000 donors who have made the incredible accomplishments of Arizona NOW possible,” said UA President Ann Weaver Hart. “The Arizona NOW campaign has set a critical foundation for the University of Arizona’s future success advancing research, improving instruction, expanding access and empowering all members of the UA community to fulfill their potential. It has shown us what is possible when the entire UA community — faculty, students, staff, alumni and friends from around the world — come together to help drive the future of this wonderful community of learning.”
Arizona NOW was planned as an eight-year effort beginning in 2010. The campaign’s priorities focused on providing opportunities for students, supporting faculty and research, and investing in University outreach initiatives. In 2014, the campaign was launched publicly with nearly $860 million raised.
Entrepreneur Peter Salter and his wife, Nancy, pushed the campaign to the finish line with a recent $2.5 million commitment. Their gift endows the Center for Management Innovations in Healthcare at the Eller College of Management, which brings together students, researchers and health care partners to build connections between business and medicine.
Four out of six fiscal years have been record-setting and helped accelerate the campaign toward its goal. The fiscal year ending June 30 was the third consecutive year in which gifts and commitments to the UA totaled more than $200 million. Critical investments through endowed funds, which honor donor intent and benefit the University in perpetuity, also rose in 2016 and remain a high priority for the UA.
Generous donors and Arizona NOW co-chairs Sarah Smallhouse and Jeff Stevens served as champions for the campaign.
“It was truly exciting to assist with such a huge and worthwhile endeavor,” Smallhouse said. “To have reached this impressive goal sooner than we expected is testament to the commitment and dedication of our loyal community.”
Smallhouse is president of the Thomas R. Brown Foundations, which have made transformational gifts across the UA, including several large gifts to support student scholarships and to endow faculty positions in the College of Engineering, the Eller College of Management, the UA College of Science and Biosphere 2.