The University of Auckland (UoA) has released plans for New Zealand’s largest university fundraising scheme yet.
UoA is hoping to fundraise $300 million in donations by 2020 to help address “critical challenges facing communities.”
According to the university they are well on their way with half of the anticipated donations already received.
Of the $152m donated so far, $24m has been assigned to medicine, $9m to business and innovation, and $7m for environmental research.
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The UoA “Campaign For All Our Futures” will be attempting to answer the big issues facing society such as natural disasters, the school system, cancer survival rates, and the benefits of creativity.
Vice Chancellor Stuart McCutcheon has voiced his support for the university’s increased philanthropy, saying “the resources… allow us to do some fantastic research and to bring great students into the university, and so we’re really setting our sights higher and being ambitious about what we can achieve with this support.”
McCutcheon believes the donations will result in tangible benefits for wider society, such as an improved school system and a reshape of the economy.
The university has also committed to actively engaging with “over half” of its 200,000 alumni during the campaign, to “further their work for New Zealand.”