Known for its cooperative education program, Northeastern University is calling on its connections and community—from alumni and staff to corporations and government—to help bring the institution to new, “amazing heights,” said Northeastern President Joseph E. Aoun.
Aoun hopes this “power of we” will be the heart and fuel behind the university’s historic $1 billion fundraising drive. Empower: The Campaign for Northeastern aims to raise at least $500 million in philanthropic support and another $500 million from industry and government partnerships by 2017. The funds raised will support three key areas of focus:
1. Student support and financial aid. Funds for scholarships, experiential learning, and work/study abroad will help to put a Northeastern education and its unique opportunities within reach for all deserving students.
2. Faculty advancement and expansion. Increased endowment funds for professorships, chairs, and fellowships will help Northeastern to attract and retain world-class educators and scholars.
3. Innovation in education and research. The campaign will enable the university to advance its high-impact, use-inspired research in sectors such as sustainability, health, and cyber security.
“This historic campaign is about people empowering people,” said Aoun. “Since 1898, we have championed innovation, entrepreneurship, service, and the integration of study and real-world experience—a tradition rooted in our co-op program. Today these values are reflected in our global experiential-education opportunities and use-inspired research. Northeastern’s momentum has been extraordinary, and the best is yet to come.”
The campaign is off to a fruitful start, having already surpassed its fiscal year 2013 goal, raising $63.3 million in new gifts and pledges. While university officials are hopeful that the campaign will remain on a successful path, they do recognize that it may be impacted by the recent government shutdown.
“While the situation is volatile, we’re optimistic that the impact on Northeastern’s teaching and research will be minimal,” said Michael Armini, senior vice president for external affairs.
For additional information about Empower: The Campaign for Northeastern, visit northeastern.edu/empower.