January 30, 2005

PSU fundraising: good start, but not enough

Wayne State is mentioned in a story about a fundraising campaign at Portland State University. The writer makes the point that "there is an apparent correlative connection between the size of a university's fundraising infrastructure and the size of their fundraising goals." The University of Wisconsin-Milwaukee, with a 20-person infrastructure is targeting $100 million in private funds, while Wayne State, with a 61-person infrastructure is targeting $500 million. Universities throughout the country are turning to private sources to help relieve financial strain caused by cutbacks in state funding.

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