Colorado is an afterthought in the national scene. We need to be at the top. After 2004, Hoffman said, she will set a new fund-raising goal for 2010 of several billion dollars.
Endowed money is invested, and the returns are distributed to university programs annually.
U.S. News and World Report last year ranked CU-Boulder 26th among public schools. Hoffman said she also hopes to put the four-campus university system into the top three public research schools in the country. The CU system is not currently ranked as a whole. Other ranking goals include elevating the Health Sciences Center to the No. 1 health-sciences center in the nation, the Colorado Springs campus to the No. 1 comprehensive regional university in the nation, and the Denver campus to the top 10 urban research universities. After Hoffman's address, Chancellor Richard Byyny discussed the future of the Boulder campus and said the school should become less dependent on enrollment growth for money.