Historic $1 billion milestone reached in Wake Will Lead campaign

WINSTON-SALEM, N.C., October 15, 2019 – Earlier today, Wake Forest University President Nathan Hatch announced the exceptional news that the University has reached the $1 billion milestone in the Wake Will Lead campaign.

Surpassing the $1billion mark represents a historic milestone, the likes of which has only been achieved by a few dozen Universities. This success has been the result of a massive community effort that has resulted in more than 530,000 gifts, 73% of which were under $1,000, and includes $36 million in gifts from more than 2,200 current and retired faculty and staff.

“I am pleased to share that as of today, the School of Business has raised nearly $114,000,000 during the Wake Will Lead campaign,” said Charles Iacovou, Dean of the School of Business. “This kind of investment is critical to the transformative education we offer at Wake Forest.”

The construction of Farrell Hall, home to the School of Business, is just one project the campaign has funded. The campaign also allowed the University to renovate Reynolds Gym and update residence halls, and one in five undergraduate students now receive scholarship aid from a campaign-created fund.

“It is because so many in our community have given their time, support and enthusiasm for Wake Forest that we can mark and celebrate this moment today,” said Iacovou. “Please accept my most sincere and humble gratitude for your generosity and commitment to Wake Forest and the School of Business.”