In support of the To Do the Greatest Good campaign, new gifts and commitments to the university reached $924 million in fiscal year 2022 – the highest amount raised in Cornell’s history and exceeding last year’s record-setting total by 12%.
An affordability initiative, a key part of the current campaign, aims to raise $500 million in endowment and current-use funds to ensure that a Cornell education is accessible and affordable. This past fiscal year, $141 million has been raised towards affordability – a nearly 250% increase over dollars donated in the previous year, largely thanks to a historic gift from Peter and Stephanie Nolan.
“Being a university for ‘any person’ is at the heart of our institutional identity, and key to our academic excellence,” said President Martha E. Pollack. “Cornellians have a profound appreciation for the importance of student affordability to our mission, and it’s been incredibly heartening to see the way they’ve responded to this campaign: more than 6,000 of our alumni have designated their campaign gifts toward affordability so far.”