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Northeastern University raises $63.3 million

Posted by Your Town  September 5, 2013 11:45 AM

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Northeastern University raised $63.3 million in new donations and pledges since May, the school said Wednesday in a statement.

The school’s annual fundraising average has tripled since 2005, according to the statement. Last fiscal year, a total of 13,103 donors made gifts -- a record for the university.

“North­eastern has a bold vision for the future and the phil­an­thropic sup­port of our com­mu­nity and friends give life to this vision,” Joseph E. Aoun, pres­i­dent of North­eastern Uni­ver­sity said in the statement. “Our momentum is unprece­dented. It is our goal to strengthen it for gen­er­a­tions to come by remaining at the leading edge of research and con­tin­uing to attract world-​​class stu­dents and faculty.

In May, the school announced that it is aiming to raise $1 billion by 2017. The university said in a statement that it hopes to fundraise $500 million in philanthropic donations and $500 million through industry and government partnerships.

The funds will be used for university-wide initiatives, particularly new co-op and research opportunities for students.

Katherine Landergan can be reached at klandergan@globe.com. For campus news updates, follow her on Twitter @klandergan.

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