Chapman University President Daniele Struppa unveiled plans to become “one of the great universities in the country,” during his annual State of the University address Feb. 10, including a fundraising campaign to increase its endowment, further strengthening its retention rate among undergraduates, the construction of new buildings, and an array of new degrees and programs.
During his hour-long speech, Struppa announced plans to raise $500 million by 2028 in an effort to meet its goal of having a $2 billion endowment by 2037.
Called “Inspire,” the campaign to reach such an endowment will be achieved through the university’s annual surplus—leftover funds from tuition and other revenues—donations, and management of its investment portfolio, he said….