Babson’s Centennial Campaign Passes $500 Million Mark and Sets New Fundraising Goal

Listen

Babson College has passed the $500 million mark in its landmark Centennial Campaign, and it now has its sights set on an even more ambitious fundraising target. 

Launched in 2016 in anticipation of the College’s 100th anniversary in 2019, the ongoing Centennial Campaign is the most successful in Babson’s history and has had far-reaching effects on the institution 

That investment is already proving to have a lasting impact on the way that we educate the next generation of entrepreneurial leaders,” says Babson President Stephen Spinelli Jr. MBA’92, PhD. “The campaign has touched all areas of campus, from curriculum development and student life, to scholarships and endowed chairs, to facilities improvements and an enhanced endowment.” 

The Centennial Campaign was launched with an initial goal of raising $300 million. Once that milestone was surpassed, the campaign set a new target of raising $500 million, which, in turn, also has been achieved. “Our community has repeatedly met and exceeded fundraising goals,” Spinelli says.The campaign has proven that the Babson community is committed and connected.” 

Now, the College is boosting the campaign’s goal once again, seeking to raise an additional $250 million. This extension of the campaign will be known as Babson ELevates, a nod to the school’s mission of educating entrepreneurial leaders seeking to make an impact around the world.  

“By elevating our campaign goal to a total of $750 million,” Spinelli says, “Babson will cement our position as the global leader of entrepreneurship and business education.” 

Posted in Babson Briefs

More from Babson Briefs »

Latest Stories

a row of electricity meters
The Price of Power: What’s Driving Rising Electricity Rates? Electricity rates have been steadily increasing. Ryan Davies, a Babson professor of finance, unpacks the many reasons for that, including the massive data centers popping up across the country.
By
John Crawford
Senior Journalist
John Crawford
A writer for Babson Thought & Action and the Babson Magazine, John Crawford has been telling the College’s entrepreneurial story for more than 15 years. Assignments for Babson have taken him from Rwanda to El Salvador, from the sweet-smelling factory of a Pennsylvania candy maker, to the stately Atlanta headquarters of an NFL owner, to the bustling office of a New York City fashion designer. Beyond his work for Babson, he has written articles and essays for The Philadelphia Inquirer, Notre Dame Magazine, The Good Men Project, and other publications. He can be found on Twitter, @crawfordwriter, where he tweets about climate change.
September 30, 2025

Posted in Insights

The Babson community and mascot celebrate at the Roger Babson statue last year
No. 2 Again: Wall Street Journal Ranks Babson the No. 2 Best College for the Second Year in a Row For the second year in a row, The Wall Street Journal ranked Babson as the No. 2 Best College in the United States, lauding the College for its impressive student outcomes.
By
Eric Beato
Editor / Writer
Eric Beato
Eric Beato is the Editor of Babson Thought & Action and Babson Magazine. A native of Chicago and a graduate of the University of Missouri School of Journalism, Eric has worked as an editor and writer at newspapers across the country, including the Chicago Sun-Times and Boston Herald. Eric joined Babson College in 2019 after working as the communications director for a private educational travel company and as the managing editor of six regional sports publications.
September 29, 2025

Posted in Community, Entrepreneurial Leadership, Insights, Outcomes

First row (left to right): Laura Bautista ’29, Ezel Bhatty ’29, Sydney Fojas ’29; Second row (left to right): Lucas Lebrija ’29, Tia Malhotra ’29, Remy Witt ’29
Class of 2029 Blank Leadership Scholars Bring Excitement to Campus The Class of 2029 Blank Leadership Scholars arrive at Babson equipped with entrepreneurial spirit and social impact experience, from launching nonprofits and tech solutions to championing environmental education.
By
Melissa Savignano
Writer
Melissa Savignano
Melissa Savignano, a content marketing manager at Babson College, has worked in higher education for almost a decade, where she tells authentic, compelling campus and community stories. Before Babson, she managed communications for Boston University’s largest college, the College and Graduate School of Arts & Sciences. She previously worked in client relations, helping brands of various sizes launch content marketing strategies and storytelling initiatives. When not at work, you will find her in the city of Boston, probably at the movie theater.
September 25, 2025

Posted in Community