It's an announcement more than five years in the making.
This afternoon, under the mounted moose and elephant heads of Manhattan's Harvard Club, President Neil L. Rudenstine is expected to tell a group of 150 donors and administrators that the University's mammoth $2.1-billion Capital Campaign has reached--and perhaps even surpassed--its original goal.
"It's been apparent to me for a number of months. I knew they were well over the goal when I made my last major gift," said Sidney R. Knafel '52, who has given about $27 million to Harvard over the course of the campaign.
"They've wanted to keep the announcement of going over the goal quiet so it will be a joint release," he added.
The revelation comes as little surprise. Eight of Harvard's nine schools have already met or exceeded their goals. The School of Public Health, for example, met its $125 million goal two-and-a-half years ago.
Only the Faculty of Arts and Sciences--the College and its graduate programs--has yet to officially meet its $965-million goal. As of this past Commencement, FAS had garnered $942.5 million.
Last week, Andrew K. Tiedemann, a spokesperson in the University development office, said Harvard is eight months ahead of the schedule set at the beginning of the University's campaign.
But regardless of what the University announces today, it plans to continue fundraising until December.
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