Hopkins posts record for donations in year University, hospital took in $125.9 million toward capital campaign

August 08, 1996|By David Folkenflik | David Folkenflik,SUN STAFF

The Johns Hopkins University and Hospital received a record $125.9 million in gifts from private donors for the year ending June 30, buoying campus officials intent on raising $900 million by February 2000.

"We're on track," said Robert R. Lindgren, the university's vice president for development and alumni relations. "We're seeing the real fruits of the benefits of the campaign with those gifts."

The amount is particularly impressive given the university's lack of a permanent president, generally the official involved in landing major gifts. Former President William C. Richardson, considered an expert fund-raiser, left Baltimore a year ago to head the Kellogg Foundation, and President-designate William C. Brody is not scheduled to take the post until the end of this month.

But gifts have risen one-third under interim university President Daniel Nathans, a Nobel Prize-winning molecular biologist, who has enthusiastically sought support for Hopkins' research, instructional and clinical missions.

The previous record for annual gifts was $111.8 million, set in 1990. Last year's total was only the fourth time the two Hopkins institutions received more than $100 million.

Last year's pace was set by two pledges: a $20 million pledge from the Harry and Jeanette Weinberg Foundation for a new seven-story cancer center at the East Baltimore medical complex; and the $55 million pledge this spring by business news magnate Michael R. Bloomberg, now the chairman of the university's board of trustees, for the endowment of the Hopkins School of Public Health.

But those gifts were not included in the record-setting totals, which tally only cash and in-kind donations actually received by Hopkins officials.

The university last year received $198.3 million in commitments to the Johns Hopkins Initiative, the formal name for the drive ending February 2000. In all, the initiative has received $596.9 million in gifts and pledges, about two-thirds of the goal.

The capital campaign, announced in September 1994, has focused more than half its $900 million goal -- $525 million -- on raising money to supplement the university's endowment and its budgets for construction and facilities.

Pub Date: 8/08/96

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