VMI campaign raises more than $300 million
The Virginia Military Institute (VMI) Foundation has raised more than $300 million, exceeding its goal by 33 percent.
The goal of the fundraising effort, “An Uncommon Purpose: A Glorious Past, A Brilliant Future: The Campaign for VMI,” was $225 million.
More than 14,000 donors have participated in the campaign, which included 53 gifts of $1 million or more and two gifts of more than $20 million each.
The fundraising campaign is the largest in VMI's 177-year history.
The funds will be used for scholarships, faculty development, academic support, leadership programs, intercollegiate athletics and support of VMI's heritage programs.