CUNY campaign raises $1 billion

As of July, The City University of New York (CUNY) has reached the groundbreaking plateau of raising one billion dollars in its &#8220Invest in CUNY, Invest in New York” campaign.
According to Chancellor Matthew Goldstein, &#8220This $1 billion milestone is an extraordinary accomplishment and a resounding affirmation from the philanthropic community of the university's continuing renaissance.”
The entire CUNY system has had an extraordinarily profound and far-reaching effect on New York as a whole. By allowing poorer students to enter a University that honors a &#8220commitment to academic excellence and to the provision of equal access and opportunity for students,” CUNY has really been opening a new realm of opportunities for higher education in New York City.
In order to maintain low tuition and sustain its free tuition Honors Program, CUNY launched the &#8220Invest in CUNY, Invest in New York” fundraising campaign in November 2004. Their main goal has been to raise 1.2 billion dollars in private funds and 1.4 billion dollars from public sources.
A prominent achievement of the fundraising campaign has been to establish a CUNY Honors College. Through Mr. William E. Macaulay's benevolent donation of over thirty million dollars, CUNY was able to found the William E. Macaulay Honors College (located at 35 West 67th Street in Manhattan) which offers free tuition for highly qualified entering college freshmen.
The fundraising campaign has been taking place at each of the twenty-three CUNY schools across New York City. The money raised through various benefactors and generous contributors has been put to good use in aiding five main aspects of CUNY: student support, faculty support, research and innovation, facilities and equipment, and community partnerships.
At Queensborough Community College, for instance, students and faculty alike participated in their first-annual &#8220Walk to Aspire” fundraiser this past May. Because of their efforts, Queensborough raised enough money to provide thirty &#8220Aspire Scholarship Students” with full tuition payment.
In addition, on June 3, Mrs. Harriet Kupferberg donated 1 million dollars to help preserve the Harriet & Kenneth Kupferberg Holocaust Resource Center and Archives. This was the largest single donation in Queensborough's history and has since allowed the Holocaust Resource Center and Archives to serve as &#8220a major resource to the Queens community at large.”