Word: billion-plus
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...should know. Last week Cornell announced plans to seek $1.25 billion in private donations by 1995 -- the largest fund-raising target in the history of American higher education. Cornell's drive is but the latest in a series of efforts to acquire huge sums for colleges and universities. Last month Columbia set a new five-year goal of $1.15 billion. Yale will embark on a $1 billion-plus campaign sometime in the next 18 months, and Harvard is said to be considering a target as high as $2 billion...
...others say that the corporate and legalperspectives of the search panel will be helpfulin choosing a president who can sucessfully lead aplanned $2 billion-plus capital campaign, expectedto be higher education's largest ever...
Stanford University is wrapping up a $1.1 billion dollar campaign, and Harvard is working on the details of a $2 billion-plus effort, pending approval from the University's next president...
Only one year before Harvard's upcoming $2.5 billion-plus fundraising campaign is scheduled to kick off, the University's top two administrative positions have suddenly become vacant...
RATHER than merely purchasing stock in an already existing company, employees of Harvard Management Corporation (HMC)--the body that maintains the University's $5 billion-plus endowment--now take a more active role in the creation and oversight and even management of these corporations through buyouts and industry deals. As a result, Harvard is not just an educational institution; it is a major player in a nationwide venture capital market...