The University at Buffalo will try to raise $650 million in a campaign that would be the largest in the history of UB and of the State University of New York system.
UB President Satish K. Tripathi announced the goal Monday. The university already has secured $451 million in gifts through a quiet phase of the campaign.
University officials are calling the effort "Boldly Buffalo: The Campaign for UB."
Tripathi said the campaign will "amplify UB's mission of transforming ambitious dedicated students into thoughtful leaders and change-makers who have an immeasurable impact on our region and the world."
"It will further the work of our award-winning faculty, whose research discoveries made here in Buffalo will help millions of local and global citizens improve their environments, their health, their prosperity and their communities."
The campaign funds will be used to increase experiential learning opportunities for students, including study abroad programs, internships and externships; to build new facilities and modernize existing ones; to support faculty research and to create more endowed faculty posts to attract professors and researchers to UB.
UB has conducted nine major fundraising campaigns in its 172-year history. The last one wrapped up in 2003 with about $291 million.
The quiet phase of the current campaign began in 2013.
So far, nearly 61,000 donors have made 160,000 gifts to the campaign, ranging from $1 to more than $30 million, said Rodney M. Grabowski, vice president for university advancement. More than 100 donors pledged gifts of $1 million or more and 10,500 alumni made their first-ever gifts to UB, he said.