The University of Richmond has kicked off a $150 million fundraising campaign and is well on its way to reaching its goal.
Donors, including several big Richmond names, have pledged $115 million toward the $150 million mark, UR spokesman Brian Eckert said.
Eckert said the 20-month campaign will help the university fulfill some of the goals laid out in its campus master plan.
The money will fund more than 300 student internship and research opportunities and $12 million in new scholarships.
It’s also going toward several capital improvement projects, including a new Center for Admission and Career Services near the campus’s River Road entrance.
“We’re still in the design phase, and we haven’t set a date for the ground breaking,” Eckert said. “But we know it’s going to be the new front door to the university on that side of campus.”
This is UR’s first capital campaign since it raised $202 million in an effort that closed in January 2007.