Wednesday, August 30, 2006

newsarticle - Philanthropy Journal-Your online source for news about nonprofits, social issues, and policy change

newsarticle - Philanthropy Journal-Your online source for news about nonprofits, social issues, and policy change: "HIGH POINT, N.C.: -- On his first day as president of High Point University, Nido Qubein announced a plan to raise $10 million in 60 days, a claim that raised more than a few eyebrows.

Not only did he meet his goal, but he raised $20 million in only 29 days.

Now, Qubein is putting that money to work, transforming the small school into a state-of-the-art academic institution.

The university was bringing in about $3 million before his arrival, he says, but has raised $60 million since he started in January of 2005, all without a formal fundraising campaign.

And two in three of those contributors are first-time donors to the university, says Qubein."

No comments: