Bowie State University (BSU) has met its goal of raising $50 million as part of its fundraising campaign, BSU Bold: The Campaign for Excellence, two and a half years ahead of its December 2025 closing date.
In December 2021, Bowie State announced The BSU Bold: The Campaign for Excellence campaign, the largest fundraising in the university’s history. The campaign has been fueled by strengthening the university’s professional fundraising organization and developing new relationships with alumni, friends, corporations, and foundations.
“We have not wasted a moment asking our philanthropic partners to invest in the success of our students through this campaign,” said Aminta Breaux, president of BSU. “We are appreciative of all the individuals and organizations who have invested in our historic institution. Now we’re able to provide more of our students with scholarships.”
According to WJLA-TV, BSU Bold fundraising will increase Bowie State’s private scholarship funding and call attention to the university’s athletic program, which does not receive state funding, fine arts, and nursing programs, and its entrepreneurship education ecosystem.
Breaux said the university’s endowment increased more than 500% and is now standing at $40 million.
Many corporations contributed to the campaign, such as Adobe, the Kevin Durant Charity Foundation, Baltimore Gas and Electric, Truist Bank, the Blackstone Charitable Foundation, and more.
BSU received its largest gift of $25,000,000 from philanthropist and author MacKenzie Scott back in 2020.
Although the school has reached its campaign goal, its fundraising efforts are far from over according to Breaux.
“While we have met our initial campaign goal of $50 million ― we are challenged and inspired to continue our fundraising and expand the campaign, inviting others to join as we raise an unprecedented level of support for our students,” Breaux said. “We must continue and work to help make college more affordable and reduce student loan debt.”