The university’s leadership is embarking on a bold and ambitious second phase. Chancellor Matthew Goldstein, Chairman Benno C. Schmidt Jr. and the presidents of the colleges have announced the launch of Invest in CUNY: Expanding the Vision, which sets a new total goal of $3 billion by 2015.

“CUNY has never been stronger — and our need for investment has never been greater. As more and more students look to a CUNY education for the professional opportunities and advanced skills our modern world demands, the university’s philanthropic partnerships become increasingly important. The generous support of our alumni and friends is vital to enabling the CUNY colleges to remain a primary engine of workforce and economic development and the producer of a highly educated citizenry for New York.”