Brown University Launches $3 Billion Fundraising Campaign

Brown University has formally undertaken what it calls the largest comprehensive fundraising push in the Ivy League school's history.

The $3 billion "BrownTogether" campaign began Oct. 23, during a celebration at Pembroke Field. The university says the campaign will support education and research, campus infrastructure and student life.

Brown president Christina Paxson says the fundraising effort will be "transformative" for the school.