Indiana University aims to raise $5B in a decade - WDRB 41 Louisville News

Indiana University aims to raise $5B in a decade

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INDIANAPOLIS (AP) -- Indiana University President Michael McRobbie says the school aims to raise more than $5 billion during the next decade.

McRobbie said Tuesday in his annual State of the University address that the university hopes to meet its goals through two campaigns, one of which will be launched next month.

He says the university is in "constant campaign mode," and private philanthropy is vital for enhancing student financial aid, endowed faculty chairs, specialized buildings and academic initiatives.

McRobbie says Indiana University is working to increase alumni engagement, service and giving. The university has about 109,000 students at its eight campuses across the state.

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