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Photo by Jon Roemer
As Princeton University begins the fourth and final year of the Venture Forward campaign, a new report, titled “Forging New Paths,” provides a detailed view of the campaign’s 2024 impact on the campus and beyond.
The Venture Forward campaign is a mission-driven campaign that is focused on Princeton University’s strengths in the liberal arts, pushing the boundaries of knowledge across disciplines, and collaborating to champion inclusion, the humanities, science, art, public policy and technology. The campaign has three areas of impact: deepening engagement of Princeton’s alumni community; providing a platform to communicate Princeton’s service to humanity and its vision for the future; and securing philanthropic support for the University’s strategic initiatives.
Annual Giving and alumni engagement are the ways most alumni and friends will participate in the Venture Forward campaign and are featured at the beginning of the report. More than 35,000 undergraduate and Graduate School alumni, parents and friends contributed gifts of every size to Annual Giving last year, helping to raise $66.7 million in critical unrestricted funds that allow the University to seize opportunities, face new challenges and support Princeton’s pioneering financial aid program. Flexible Annual Giving funds were instrumental in enabling Princeton to:
- Expand participation in the Learning and Education through Service (LENS) initiative, which ensures that every undergraduate student has an opportunity to participate in a paid service or social impact summer internship. Annual Giving funded the launch of LENS in 2021 and is helping underwrite its expansion.
- Make it possible for talented students from all backgrounds to attend without the need to incur debt. With the help of Annual Giving, the University’s groundbreaking no-loan financial aid program ensured that 71.5% of students in the Class of 2028 received financial aid.
- Recruit world-class faculty and support their success through investments in state-of-the-art equipment, renovated facilities and early-stage career research opportunities.
- Provide flexible institutional funds to support faculty to explore new research directions, including pilot initiatives in precision health, artificial intelligence and the role of media in creating meaning and in shaping our understanding of ourselves, each other and the world in which we live.
- Enable every undergraduate student to engage in research that is an essential element of the Princeton experience, underwriting the costs associated with senior thesis projects and field research.
The “Forging New Paths” report also features the year-round opportunities for alumni to engage with the University and amplify its mission of service to humanity. From all-alumni Venture Forward gatherings around the world with President Eisgruber to Orange & Black Day, Princetonians are able to celebrate their connections with each other and with the University.
The impact report also provides in-depth storytelling and QR codes linking to videos about major gifts in the Venture Forward campaign that have allowed Princeton to:
- Dedicate the Omenn-Darling Bioengineering Institute, which brings together innovative researchers in the natural sciences, social sciences, mathematics, computer science and engineering to unlock new bioengineering solutions to critical challenges facing the world.
- Establish new named professorships, recognizing preeminent scholars who have pushed the boundaries of their disciplines, made intellectual discoveries with the potential to benefit humanity, and inspired generations of students through research and teaching.
- Create the Africa World Initiative, an interdisciplinary hub focused on Africa to spark scholarly and cultural exchanges of ideas and enable new knowledge networks across the globe.
- Help promote a culture of dynamic health and well-being to serve a growing student community with the construction of new facilities. The Frist Health Center is more than twice as large as the McCosh Health Center, home of Princeton’s health services since 1925, and incorporates a renovated Eno Hall with a significant new addition to the south. The Class of 1986 Fitness and Wellness Center includes a pavilion-like addition to complement historic Dillon Gymnasium with a distinct new entrance off Elm Drive, a capacious lobby, and extensive renovation and repurposing of existing space.
- Strengthen and expand financial aid so that every undergraduate can graduate debt-free, while also increasing fellowship and stipend rates for graduate students.
- Expand the footprint of the campus with new graduate housing and athletic facilities in the Meadows Neighborhood on the West Windsor side of Lake Carnegie.
- Build a reimagined world-class art museum in the heart of campus that will serve as a welcoming gateway for visitors and a nexus for the arts and humanities.
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