The college announced a $200 million capital fundraising campaign, the Campaign for Vassar. President Frances Fergusson launched the effort, the largest ever undertaken by an undergraduate liberal arts college, with an event at the J. Pierpont Morgan Library in New York City, where she stated that the campaign would have “a significant impact on the college, solidifying its position at the forefront of American undergraduate education.” Vice President for Development Kathleen Kavanagh reported, “Donors are telling us that they believe in Vassar and its future.”    The Miscellany News

Completed in June, 1996, the campaign raised over $206 million.