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GIFTS, GRANTS, AND CONTRACTS
 
 
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GIFTS, GRANTS, AND CONTRACTS

The President reported on gifts and grants; his report essentially was a summary of giving during the fiscal year which ended on June 30th. Private giving during that year came to $122.2m and the total raised in the Campaign by June 30th was $946.9b. The President noted that the $1b Campaign goal probably will be reached around the beginning of 2000. The Report was accepted by the Board.