Oxford University fundraising reaches £2bn [x-post /r/unitedkingdom]

A University of Oxford campaign to raise funds for teaching and research has raised £2bn, it has been announced.

The institution began raising money towards new scholarships, academic posts, programmes, buildings and facilities in August 2004.

The sum stands at £2,012,571,521 but the university has now set itself a new target of £3bn.

Vice-chancellor Professor Andrew Hamilton called the milestone “an outstanding achievement”.

The campaign has been touted as the biggest money-raising project in European university history.

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