Gifts from individuals accounted for $91 million; from foundations, $42 million; from corporations, $12.6 million; and from other organizations, $19 million. The Fund for Johns Hopkins Medicine accounted for almost half the total cash received in fiscal 1997, with its own record-breaking total of $80.6 million.

Gifts from alumni, friends, corporations, and foundations provided critical support for the goals of the Johns Hopkins Initiative, a $900 million fund-raising campaign for the University and Johns Hopkins Medicine. More than $64.4 million, 39% of the total given in FY 1997, was for University endowment and capital projects--the primary focus of the campaign.

In order to maintain its competitive position among international research universities, Hopkins is seeking to increase its endowment significantly. In FY 1997, more than $55.5 million was given to enhance or create endowments throughout the University.

Private gifts also provided momentum for critically needed facilities, including renovation of the Eisenhower Library and of facilities at the Peabody Conservatory and the Whiting School of Engineering; a new School of Hygiene and Public Health building which opened in November 1996; a new School of Nursing building nearing completion; a new student arts center, recreation center, and athletics pavilion planned for the Homewood campus; and the Cancer Buildings Initiative at Johns Hopkins Medicine.

More than $159.4 million in new campaign commitments--including new pledges and new cash gifts--was recorded by Johns Hopkins in fiscal 1997. At the close of the fiscal year, the Johns Hopkins Initiative had achieved 84% of the $900 million goal, with total commitments of $756.4 million. The Initiative campaign is co-chaired by Lenox D. Baker Jr. and R. Champlin Sheridan, both trustees and alumni, who took over leadership from Michael R. Bloomberg last year on his appointment as chairman of the University Board of Trustees.

A significant number of donors made planned gifts. Hopkins continued to receive support from a broad mix of local, national, and international foundations. Corporate commitments reflected a mix of new support and more and larger gifts from long-standing friends of Johns Hopkins, particularly major pharmaceuticals firms. Throughout the institutions, 37,700 alumni, friends, parents, and patients made annual contributions in fiscal 1997. More than 15,500 alumni University-wide made annual gifts, an increase in participation of 2.5% over the previous year. There also was continued growth in the President's Club (donors who contributed $10,000 or more) and the Johns Hopkins Associates (whose members each contributed $2,000 or more). Annual giving participation is expected to further increase in the coming fiscal year in response to the Trustee Challenge. Michael R. Bloomberg's commitment of $55 million in fiscal 1996, the largest single gift in the University's history, set the pace for the Johns Hopkins Initiative campaign this year. Zanvyl Krieger's earlier $50 million challenge gift attracted $4.5 million in new commitments to the School of Arts and Sciences endowment during fiscal 1997, bringing the total of matching gifts to $44.1 million, 88% of the goal. An earlier commitment from R. Champlin and Debbie Sheridan of $20 million to the Eisenhower Library, including a $5 million challenge, attracted nearly $1.2 million in matching commitments in fiscal 1997, bringing the total of matching gifts to $3.1 million, 62% of the goal. Gifts received during fiscal 1997 directly benefited teaching, research, student life, and patient care. In addition, these gifts helped to increase the financial stability and provide the flexibility the Johns Hopkins institutions need to ensure continued excellence and innovation. Endowment gifts, a priority of the Johns Hopkins Initiative, will continue to benefit Hopkins in perpetuity.