Begun in January 2007, the initiative is part of a universitywide $2 billion effort to raise money, according to a news release.
The money is being used for improving and expanding facilities, recruiting faculty, funding research and keeping its education affordable, the organization said.
Some of the funds raised have been used for the Penn State Hershey Cancer Institute and the children’s hospital scheduled for a fall opening, according to the release.
More than 200,000 donors have supported the campaign, which runs through June 2014. Gifts from corporations and foundations were nearly $30 million, with 17 donors making contributions of more than $1 million each. Medical center and college staff have given $3 million to the campaign as well, Hershey Medical Center said.