McDonough School of Business Surpasses Capital Campaign Goal
Georgetown’s McDonough School of Business surpassed its capital campaign goal of $100 million by more than $30 million thanks to support of alumni, parents, and friends of the school.
Part of Georgetown University’s successful $1.5 billion For Generations to Come capital campaign, which ended June 30, 2016, the McDonough School of Business originally sought to raise $100 million for faculty and academic excellence, the Dean’s Leadership Fund, transformational opportunities for students, and undergraduate and graduate student initiatives. Early on, the school increased its goal to $125 million and eventually raised more than $130 million.
“Over the past five years, we have created a community of philanthropic support for the school with overwhelming levels of generosity and dedication to our students and our future,” said David A. Thomas, dean of the McDonough School of Business. “From scholarships to endowed faculty positions to support for our academic programs, these gifts have made an immediate impact on the school and the student experience.”
Campaign successes include:
- Increasing the number of endowed faculty positions from 17 to 33;
- Expanding global programs for undergraduates, including the Global Business Experience elective, the Global Business Fellows program, and scholarships for summer study abroad programs;
- Making the First Year Seminar program for undergraduates a permanent course in the curriculum;
- Creating the Undergraduate Office of Professional and Leadership Development;
- Doubling funding for MBA scholarships;
- Creating a Faculty Excellence Fund to support the work of our professors;
- Launching the Steers Center for Global Real Estate; and
- Supporting our centers and initiatives, including the Georgetown Entrepreneurship Initiative, the Global Social Enterprise Initiative, and the Center for Financial Markets and Policy.