Historic Georgetown Campaign Launches Today
October 28, 2011 – The university’s most ambitious capital campaign in its more than two centuries launches on Friday.
For Generations to Come: The Campaign for Georgetown seeks to raise $1.5 billion for scholarships, faculty recruitment, research and innovation and other priorities to ensure that the university continues its long tradition of excellence and impact in the world.
“This campaign embodies the very best of Georgetown,” President John J. DeGioia says. “From our commitment to need-blind financial aid, to our emphasis on academic excellence and the ideals of service and social justice, ‘For Generations to Come’ supports the people, the places and the promise represented in our community and ensures our university’s contributions to vital challenges and issues of today.”
The formal kickoff of the campaign starts with Friday’s Think About It: An Afternoon of Ideas, which includes such high-profile panelists as former Secretary of State and Georgetown professor Madeleine Albright and Hoya basketball legend Alonzo Mourning (C’92).
About a dozen panelists will address topics such as “A New World Order” and “Cures for All.”
Former Maryland Lt. Gov. Kathleen Kennedy Townsend, Washington Capitals and Wizards owner Ted Leonsis (C’77), Paul Tagliabue (C’62), former NFL commissioner and chair of Georgetown’s board of directors, head basketball coach John Thompson III and former U.S. Rep. Stephanie Herseth Sandlin (C’93) also will serve on one of six panels that afternoon.
Convener of Ideas
“The campaign will allow us to strengthen Georgetown’s contributions as a leader and a convener of ideas at the highest levels of government, foreign and public policy, interreligious dialogue, global health and other issues,” DeGioia says. “The funds raised will ensure our commitment to academic excellence and to the Catholic and Jesuit values that have animated this community since our founding in 1789.”
The weekend of activities also includes a dramatic lighting of key campus buildings that marks the symbolic launch of the campaign and a Saturday Mass celebrated by Theodore Cardinal McCarrick, archbishop emeritus of Washington, D.C.
The campaign, scheduled to end in 2016, already has brought in approximately half of the $1.5 billion goal through leadership gifts during its “silent phase.”
“We are deeply grateful to all those in our community who have shared our vision and for all those who will play a crucial part in our promising future,” DeGioia says.
The campaign is organized into four pillars.
A total of $500 million of the campaign funds will go toward scholarships for qualified undergraduate students regardless of their ability to pay and for new graduate scholarships.
Another $500 million will be dedicated toward faculty and academic excellence, including endowed positions to recruit and retain faculty and investment in research, teaching and innovation.
A total of $300 million will be used for investment in areas such as interreligious understanding, environmental studies, neurologic disease and transactional law.
Finally, $200 million will go toward enhancing the student experience through new facilities, library improvements and support for spiritual programming and sacred spaces.
Times and locations of events are on the campaign website.