The Hoover Institution has completed a campaign that has raised more than $100 million, surpassing its original goal, Hoover officials have announced.
The campaign -- "Ideas Defining A Free Society . . . Investing in Knowledge and Scholarship" -- was launched in 1997 with an original goal of $75 million. The campaign doubled Hoover's donor base and doubled the annual flow of expendable funds. In the final year, expendable giving reached a record $11.7 million, exceeding the original target of $10 million three years in a row.
Of the $100 million raised, $80 million was given for expendable purposes in support of Hoover's current research, collecting and communications priorities. The other $20 million is earmarked for endowment or deferred gifts.
tremendous support generated through this campaign will allow the
Hoover Institution to make greater achievements, expanding our
research in public policy, ensuring the continuity of our scholarly
excellence, growing our collections, and increasing output and
outreach of that information to the public, Hoover Director John
Raisian said "Continuing to increase the endowment will strengthen
the permanent financial foundation on which the Hoover Institution
Stanford Report, November 8, 2000