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University of Manitoba Aiming to Raise $500M

November 14, 2014 8:45 AM | News

By Sarah Klein

University of Manitoba

University of Manitoba (WIKIPEDIA)

The University of Manitoba will launch a lofty fundraising goal of $500 million at its Homecoming 2015 celebrations next October.

The Front and Centre campaign is targeting five areas for funding, including indigenous achievement, research, graduate students, student support and facilities.

The campaign is in its “quiet” phase, with the university currently gauging support from donors and the community. Funding will be divided up with $350 million in private fundraising and the remaining $150 million in possible grants from the province.

Paul Soubry, president and CEO of New Flyer Industries, has been named as the campaign’s chair.

“As an alumnus and Manitoban, it is a great honour for me to be able to give back to the community through this campaign,” Soubry said in a statement. “The University of Manitoba is this province’s social, economic and cultural engine, constantly elevating every aspect of life here. It’s exciting and rewarding to be the chair of this campaign, which will enrich Manitoba in so many different ways.”