ST. LOUIS — Saint Louis University's more than five-year comprehensive fundraising effort has exceeded its goal by over $100 million.
The university's "Accelerating Excellence: The Campaign for Saint Louis University" campaign, launched publicly in late 2018 with a $500 million goal, raised a total of $604 million, according to a Wednesday press release.
Funds raised in the campaign were targeted to support SLU initiatives in academic excellence, scholarships, health sciences, athletics and business education, officials have said.
The campaign was SLU's most ambitious fundraising effort in its 203-year history, officials said.
"This is a historic achievement for Saint Louis University,” SLU President Fred Pestello said in a statement. “The Accelerating Excellence campaign has built momentum for our mission-driven work and created new possibilities for groundbreaking initiatives in academics, medicine, research, athletics and service. The generosity of our donors will fuel an exciting, transformative future for SLU."
Co-chairs of the Accelerating Excellence campaign are SLU trustees and alumni Richard Chaifetz, founder and CEO of Chicago-based ComPsych Corp., and financier Rex Sinquefield, who co-founded Austin, Texas-based Dimensional Fund Advisors.
SLU said that since launching the campaign in 2018, it had four years of record-breaking fundraising, including its largest fundraising year, fiscal 2022 ended June 30, during which SLU raised over $139 million. When the campaign concluded June 30, SLU had received 98 gifts and pledges of $1 million or more, according to the university.
Every school and college at the university has already received investment from the dollars raised through the campaign, officials said.
Read the full story on the St. Louis Business Journal website.
