"Fundraising for a University of Virginia capital campaign has reached its goal of $5 billion well over a year ahead of schedule. And the school says it has no intention of slowing down fundraising efforts for the “Honor the Future” campaign, which is not set to end until June 30, 2025.

More than 230,000 donors have already contributed to the fund; 750 of those gifts were donations of $1 million or more.

The money will be used to carry out several parts of the school’s ambitious plan to become “the best public university in 2030, and one of the very best in the world, whether public or private.”

'The University has a deep culture of private philanthropy going back to our founding,' Mark Luellen, UVa vice president for advancement, told The Daily Progress. 'Since the early 1990’s, there have been three comprehensive University-wide capital campaigns. Each of these campaigns have been tremendously successful in elevating our University, but the Honor the Future campaign is the largest campaign in the history of the University thanks to the investment of many stakeholders and the great work of the senior administration, deans, faculty, and staff,'" reports The Daily Progress.

Photo: Construction projects, such as work on the recently finished Alderman Library at the University of Virginia, could benefit from the school’s Honor the Future campaign. SANJAY SUCHAK, UNIVERSITY OF VIRGINIA COMMUNICATIONS