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Crain's Detroit reports Wayne State could be eyeing $750M capital campaign goal
November 26, 2012
Wayne State University may set its sights on a $750 million fundraising goal for its current campaign by 2018, in time to commemorate the public research university's 150th anniversary. The Division of Development and Alumni Affairs, which previously had said only that it had a capital campaign goal above $500 million, recently sent a request to the deans of all 13 colleges and schools to identify major program needs and possible donors by next summer, said David Ripple, vice president of development and alumni affairs. Ripple estimates Wayne State had, as of last week, raised about $212 million since the quiet period of its new capital campaign began in fall 2010 and hopes to be halfway toward its fundraising goal when the campaign goes public in the fall of 2014. He said he doesn't quarrel with reports of the $750 million figure that have circulated the campus in recent weeks, but the actual campaign goal isn't finalized and will be tailored to the college dean feedback he receives in the next few months.