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Drake details results of $216 million fundraising campaign

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Drake University held a gala event Saturday to celebrate the completion of the university’s $216 million distinctlyDrake fundraising campaign. More than 350 of Drake’s top supporters gathered to recognize the transformative impact of the campaign, which launched in October 2010 and was the largest in the university’s history. In total, Drake received gifts from more than 22,000 donors, including 60 gifts of $1 million or more, for its distinctlyDrake campaign. Supporters contributed more than $48 million to create 208 new scholarship funds; $33 million to endow 11 new faculty positions and support faculty development; $44 million to transform campus with new and renovated buildings, classrooms and laboratories; and $14 million to create interdisciplinary centers and programming. More than $110 million in gifts were designated to the university’s endowment, which will provide financial support to the university in perpetuity.