The cost of about $57,000 is being raised from private sources.
Government funds make up about 15 percent of its budget; the rest is raised from other sources.
In the last 15 years, some $17 million has been raised - mostly from private sources.
Since then, it has raised $167 million from private sources.
Several funds raised less than $1 million from private sources last year.
That amount has been raised from private and public sources.
The $2.4 billion in new capital would be raised from several sources, the statement said.
Most of that money has already been raised from public and private sources.
Sometimes people find that they can raise money from other sources.
The athletic department has already raised close to $15 million from private sources.