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Date: Jun 04, 2009
Capital Campaign Exceeds Goal with $110 Million Raised
2009 Hofstra Gala Raises $1 MillionHofstra University, Hempstead, NY – Hofstra University’s Capital Campaign exceeded its $100 million goal with a total of $110 million raised, President Stuart Rabinowitz announced at the 2009 Hofstra Gala.
"Exceeding our $100 million goal demonstrates the faith and support that Hofstra enjoys from our alumni and friends," said President Rabinowitz, noting that the campaign had received two gifts of at least $10 million and more than 20 gifts of $1 million or more. "This historic achievement will make a real difference to Hofstra’s future and will enhance our national reputation for academic excellence."
"The generosity of our trustees, alumni, friends and parents will allow us to continue to improve Hofstra University and attract the brightest students through scholarships and financial aid, provide those students with the finest technology and learning facilities, and recruit and support the best faculty," said Capital Campaign Chair and Trustee John D. Miller. "I would like to personally thank everyone who invested in Hofstra's future through the Capital Campaign."
The Gala itself raised $1 million, thanks to contributions announced at the annual fundraiser by honoree Peter S. Kalikow, '65, honorary '86 and fellow Hofstra Trustee and Gala Co-Chair David S. Mack '67. Proceeds from the Gala will go to Hofstra’s student scholarship fund. About 550 people attended the May 7 event at the David S. Mack Sports and Exhibition Complex.
The Capital Campaign was launched on May 3, 2006 by Chairman John D. Miller '79 and President Rabinowitz at the University's 2006 Gala. Only the second such campaign in Hofstra’s history, it focused on development in five areas: University endowment; capital projects and renovations; technology upgrades; academic programs; and the Annual Fund.
Hofstra in 2006 had already announced significant gifts from Mr. Miller, Mr. Mack, Joe Gregory '74 and his wife, Niki, Marilyn Monter '76, and Helene Fortunoff.
Hofstra University is a dynamic private institution where students can choose from about 150 undergraduate and more than 160 graduate programs in liberal arts and sciences, business; engineering; communication; education, health and human services; and honors studies, as well as a School of Law. With a student-faculty ratio of 14-to-1, our professors teach small classes averaging 22 students that emphasize interaction, critical thinking and analysis. Hofstra offers a faculty whose highest priority is teaching excellence. The University also provides excellent facilities with state-of-the-art technology, extensive library resources and internship programs that match students’ interests and abilities with appropriate companies and organizations. The Hofstra community is driven, dynamic and energetic, helping students find and focus their strengths to prepare them for a successful future.