Iowa State University closed the books last month on an eight-year fundraising campaign that brought in $867 million in gifts and commitments, the university is to announce today.
Amid declining state funding, Campaign Iowa State, which began in July 2003, directed millions of dollars toward student scholarships, hiring and retention of faculty, new construction and student initiatives like guest lectures and study abroad programs.
The money doesn't replace state money that pays for the basic operation of the universities, said ISU Foundation President Dan Saftig.
"I have yet to meet a donor who wants to help pay the light bill at Iowa State," he said. "You could do without scholarships and special lectureships, but it wouldn't be a very enriching Iowa State experience."