Word: schmucki
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Princeton's ongoing $330 million campaign, which runs through the end of 1986, raised $194 million in pledges by the end of January, but again, no more that three-quarters of that total has actually been paid up, says Princeton development director George F. Schmucki, Stanford's $300 million drive in the 1970s just made its goal in 1977, but when the campaign ended, $54 million of pledges remained to be collected...
Princeton, in fact, tries to be conservative in assessing how much alumni can give. Although it recently boosted its goal from $275 million, to raise cash for a new molecular biology building and staff. Schmucki says "we do not go out ahead of time and make any commitments before we've received gifts. We don't have a situation where we have budgeted items for which we do not have the resources...
Although Princeton set many of the same goals Harvard has in its campaign--improving computer services and increasing money available for scholarships and faculty salaries--the University has made no promises ahead of time, Schmucki says...
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