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

Collage of four photos depicting Babson teams celebrating
Keeping Score: A Look at Babson Athletics’ Success by the Numbers From national and conference championships to academic achievements, Babson’s student-athletes continue to post impressive statistics. Here is a look at the numbers behind Babson Athletics’ successes.
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.
July 2, 2025

Posted in Community

A clear tip jar with cash sits on a counter
What Ending Taxes on Tips Could Mean for Workers and Tippers Babson thought leaders on tax policy explain how a federal proposal that includes eliminating taxes on tips might reshape the tipping economy.
By
Hillary Chabot
Writer
Hillary Chabot
Hillary Chabot is a writer for Babson Thought & Action and Babson Magazine. An award-winning journalist, she is known for her insightful reporting and dedication to detailed storytelling. With a career spanning over two decades, she has covered a wide range of topics, from presidential campaigns and government policy to neighborhood issues and investigative series. As a reporter for The Boston Herald, Hillary earned a reputation for tenacity and integrity. Her work at Babson College fuels her passions—to learn something new every day and conduct thoughtful, empathic interviews. She’s thrilled to be at Babson College, where students, faculty, staff members and classes provide compelling copy daily.
July 1, 2025

Posted in Insights

Members of the Babson community behind a Pride banner at the parade
Passion and Pride: How the Office of Belonging and Inclusion Supports the LGBTQ+ Community Babson’s participation in the Boston Pride Parade caps a busy and productive year of support for the LGBTQ+ community by the Office of Belonging and Inclusion, as it advances the College’s commitment to Inclusive Excellence.
By
Hillary Chabot
Writer
Hillary Chabot
Hillary Chabot is a writer for Babson Thought & Action and Babson Magazine. An award-winning journalist, she is known for her insightful reporting and dedication to detailed storytelling. With a career spanning over two decades, she has covered a wide range of topics, from presidential campaigns and government policy to neighborhood issues and investigative series. As a reporter for The Boston Herald, Hillary earned a reputation for tenacity and integrity. Her work at Babson College fuels her passions—to learn something new every day and conduct thoughtful, empathic interviews. She’s thrilled to be at Babson College, where students, faculty, staff members and classes provide compelling copy daily.
June 27, 2025

Posted in Community