Private giving to Johns Hopkins in fiscal 1999 broke all previous records for both cash receipts and commitments, as the Johns Hopkins Initiative topped its expanded goal of $1.2 billion. New campaign commitments during the year were up 53 percent and exceeded the previous single-year record set in fiscal 1996 by 41 percent. Cash receipts--up for the fourth straight year--were 12 percent higher than in fiscal 1998. With a full year before the campaign's conclusion on June 30, 2000, the Johns Hopkins Initiative total stood at $1.258 billion, 105 percent of its expanded goal. The original $900 million goal was surpassed in April 1998, and the next month the University's Board of Trustees set an expanded goal of $1.2 billion for the campaign. That expanded goal was reached in May 1999 thanks to remarkable support from alumni, friends, corporations, foundations, and other organizations. The top priorities of the expanded Johns Hopkins Initiative campaign are endowment for student aid and the libraries, as well as support for facilities whose funding is not yet completed. During its final year, the campaign will continue to focus on these goals as well as on addressing crucial divisional priorities. The Initiative campaign is co-chaired by Lenox D. Baker Jr. and R. Champlin Sheridan, both trustees and alumni. Cash receipts from private donors--including new gifts and payments on pledges--totaled $207 million in fiscal 1999, continuing the steady increase of the previous three years. Gifts from individuals accounted for $96 million; from foundations, $72 million; from corporations, $18 million; and from other organizations, $21 million. During fiscal 1999, campaign commitments--both cash received and pledges of future gifts--totaled $303 million, an all-time single-year high. At the end of fiscal 1999, campaign commitments for endowment and facilities stood at $718 million, and $129 million had been committed to support student aid. Pledges announced by Michael R. Bloomberg, an alumnus of the Whiting School and chairman of the Board of Trustees, were key contributors to the record set in fiscal 1996 and surpassed in fiscal 1999. Mr. Bloomberg announced plans for an initial gift of $55 million in the fall of 1995 and pledged an additional $45 million in the fall of 1998 to complete his campaign commitment at $100 million, the largest gift in the University's history. Mr. Bloomberg designated two-thirds of the $45 million commitment for student aid and the remainder for the School of Public Health and other projects, including the Sheridan Libraries. A number of other exceptional gifts and pledges announced in fiscal 1999 also contributed to the record-breaking campaign totals. A significant number of donors made planned gifts, which account for 10 percent of the campaign total. Hopkins received outstanding support from a broad mix of local, national, and international foundations and corporations. Two challenges issued early in the campaign were met and exceeded during fiscal 1999. A $5 million challenge gift from Champ and Debbie Sheridan attracted an additional $718,000 to the Eisenhower Library's endowment, bringing the total of matching gifts to $5.1 million. Zanvyl Krieger's $50 million challenge gift attracted $15.7 million in new commitments to the School of Arts and Sciences' endowment, bringing the total of matching gifts to $64.5 million. More than 41,000 alumni, parents, patients and other friends, and faculty and staff made annual contributions to the University and Johns Hopkins Medicine in fiscal 1999. More than 18,800 alumni made annual gifts, 10.3 percent more donors than in the previous year. Gifts received during fiscal 1999 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.

SCHOOL OF PROFESSIONAL STUDIES IN BUSINESS AND EDUCATION Downtown Center The School of Professional Studies in Business and Education's new Downtown Center will be located at the corner of Charles and Fayette Streets in Baltimore's business district. A landmark electronic news ticker between the first and second floors will wrap around the east and north faces of the three-story 35,000-square-foot building, which will house classrooms, faculty offices, a library, business case study rooms, and a 180- seat auditorium. The building will also serve as administrative headquarters for the School's graduate division of business and management. The site of a former men's clothing store, the building will undergo about $6.1 million in renovations and is scheduled to open in January 2001.       MONTGOMERY COUNTY CENTER The Montgomery County Campus Building II, which opens in January 2000, is a three-story teaching and research facility with 19 "smart" classrooms and four computer laboratories, a bookstore, and a coffeehouse. The building accommodates four Hopkins divisions (Arts & Sciences, Business & Education, Engineering, Public Health) with the additional classrooms and labs necessary for the growth of programs and enrollments. The third floor of the building is designed to house a biotech research institute affiliated with the Krieger School of Arts and Sciences, reflecting the campus mission of collaborating with, and becoming part of, the technology, business, public health, and education communities it serves.

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