A Message from President Richard C. Levin
July 2010 marked the beginning of the final year of Yale Tomorrow, a five-year, $3.5 billion Campaign to raise funds for a stronger Yale. Alumni, parents, and friends continue to participate with generosity and enthusiasm: as of September 2010, contributions amounted to more than $3.141 billion. I am deeply grateful.
Many of our supporters wonder how the global economic downturn is influencing the Campaign and our ambitions for Yale’s future. The short answer is that I am optimistic. The University continues to work through the effects of the recession, and the Campaign continues to advance our most important objectives for Yale College, the arts, the sciences, and our international initiatives. But as I discussed in my February 2010 budget update, we must slow our plans for growth if we are to achieve a balanced budget, and the Campaign must place new emphasis on key areas like financial aid and faculty support.
(March 1, 2010)