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Shenandoah University launches $100M fundraising campaign
Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new arts center, upgrade athletics facilities and create endowed professorships and new course offerings. Shine: The Sesquicentennial Campaign is the largest capital drive in the Winchester university’s 150-year history. Its private phase began in July 2022 and surpassed $85 million […]
Virginia Tech receives $20M anonymous donation for athletics
Virginia Tech has received a $20 million anonymous donation, the largest gift in the school’s history, toward the school’s athletics program.
Carilion exceeds $100M fundraising goal for cancer center
Carilion Clinic surpasses $105M for its Roanoke cancer center and launches a new $50M proton therapy campaign.
VCU launches $1.8B fundraising campaign
Virginia Commonwealth University and VCU Health have launched the public phase of a $1.838 billion fundraising campaign — the largest fundraising effort ever undertaken by the Richmond university and its health system. The effort, called Unlocking Potential: VCU’s Campaign for the Future, was announced Thursday at a kickoff event at the Stuart C. Siegel Center. […]
Bridgewater College raises $36.7M in five-year campaign
Bridgewater College announced Monday that it successfully concluded a five-year fundraising campaign, raising $36.7 million.
Phlow raises $37M in Series C round
Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.
Carilion Clinic raises $96M for cancer center
Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story cancer center in Roanoke.
Mary Baldwin plans $2.5M building renovation
Faculty, staff and students at Mary Baldwin University should see a major transformation in their oldest academic building thanks to a $1 million commitment from the E. Rhodes and Leona B. Carpenter Foundation as part of the $2.5 million renovation of Carpenter Academic Hall. “What we need to do is align the actual architecture with […]
Va. Dems lead in big fundraising, smaller grassroots donations
RICHMOND, Va. — Everyone calls the upcoming General Assembly election high stakes, but it is also top dollar. More than $158 million has been funneled into the House and Senate races this election cycle, a more than 30% increase since the last time all 140 seats in the General Assembly were up for election back in 2019. […]
Chrysler Museum names chief philanthropy officer
Reneé Duval Fairchild is the Chrysler Museum of Art’s new chief philanthropy officer, the Norfolk museum announced Tuesday. Duval Fairchild will work with Erik H. Neil, the museum’s Macon and Joan Brock director and president, and with the museum’s development and membership teams. “Along with her significant experience leading teams and developing strategies for giving, [&hel[...]
Shenandoah Valley Partnership launches capital campaign
Shenandoah Valley Partnership (SVP) is raising $1.7 million through its first capital campaign, Forward2028, to fund a five-year plan aimed at business and workforce attraction and retention. The region’s manufacturing sector alone has 3,100 job openings due to older workers retiring and companies ramping up production, says Jay Langston, executive director of the economic development [&hell[...]
Va. Tech names SVP for advancement
Virginia Tech has promoted Charlie Phlegar to senior vice president for advancement, the university announced Thursday. Phlegar has led efforts in fundraising, alumni relations, communications and marketing since 2015. Under his leadership, Tech’s advancement division has secured record amounts of new gifts and commitments, including $268.5 million in fiscal year 2021-2022. Undergraduate giv[...]
