Without missing a beat, the Law School is celebrating the most successful fundraising campaign in its history while continuing to seek private gifts to support the building expansion and renovation project.
Michigan Law's part of the Michigan Difference campaign raised more than $139 million in private support for all aspects of the Law School's mission, exceeding the overall goal of $135 million. In addition to nucleus funding for the building project, other campaign priorities included student support, faculty support, programmatic support and the Law School Fund.
Besides outright gifts, campaign donors also expressed intentions to benefit the Law School through their estates. Alumni and friends made nearly $32 million in new bequest intentions during the campaign, raising the Law School's total in new private funding commitments to more than $171 million.
"We are deeply grateful to all the alumni and friends who helped ensure the success of this remarkable campaign," said Dean Evan Caminker. "Now our goal is to make the building project a reality, despite these challenging economic times."
During the campaign, the Law School raised more than $40 million toward the new academic building and Law School Commons. The $102 million project is being funded by $70 million in private gifts, with the University and the Law School also contributing support.
More than $25 million will augment student support, including 52 new endowed scholarships. In addition to both merit- and need-based scholarships, donors also supported summer fellowships and the Debt Management Program, a loan repayment program.
Gifts of $21 million from alumni and friends will enhance support for faculty, including the creation of seven new endowed professorships and other forms of assistance.
The Law School Fund and other programs, including international initiatives and the legal clinics, also benefited from alumni contributions, receiving more than $53 million during the campaign. The Law School Fund is the school’s largest source of unrestricted private support.
The Law School's success was part of a University campaign report presented Thursday to the Board of Regents. The Michigan Difference began July 1, 2000 and ended December 31, 2008.