Published: April 29, 2014
Harvard Business School Sets $1 Billion Five-Year Fundraising Goal
Harvard Business School (HBS) last week launched a $1 billion capital campaign and an outreach program to help drive engagement with and among alumni. Already the school has raised more than $600 million in gifts and pledges as part of a “quiet phase” of the campaign that began in 2012, the school announced. The $1 billion goal is part of a larger $6.5 billion university-wide campaign announced last September.
The public launch kicked off with a day full of events on HBS’s Allston campus last Friday. Hundreds of alumni, students, faculty and staff took part in case discussions, faculty-led student and alumni panels and other programming. Harvard President Drew Gilpin Faust and HBS Dean Nitin Nohria were joined by Campaign Chair John Hess (MBA ’77), CEO of Hess Corporation, in delivering remarks in the evening.
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