Organization and Administration
At US$1.726 billion, BC's endowment is among the largest in American higher education, which represents a 25% percent drop from the start of the 2008–2009 academic year. Its annual operating budget is approximately $667 million. The most recent and ongoing fundraising campaign, dubbed "Light the World", was announced on October 11, 2008. The seven-year campaign aims to raise $1.5 billion in honor of the 150th anniversary of the college. Funds raised will be used to support the strategic priorities of the university, including academic programs, financial aid, Jesuit Catholic identity, athletics, student programming, and capital construction projects.
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“Democracy means the organization of society for the benefit and at the expense of everybody indiscriminately and not for the benefit of a privileged class.”
—George Bernard Shaw (1856–1950)