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Fundraising & Campaigns

Flagler College ends its first campaign at $155.6 million, $70 million of it from the state

Private donors gave $85.6 million against a $65 million goal. State money for the restoration of Ponce Hall, the former Hotel Ponce de Leon, accounts for the rest.

By The Editors · The Game of GivingOctober 2026 · 3 min read · The Brief

The red-tiled towers and arched gateway of Flagler College's Ponce Hall framed by palm trees and a flowering hibiscus hedge
Ponce Hall, the former Hotel Ponce de Leon, on the Flagler College campus in St. Augustine, Florida. Photo: Courtesy of Unsplash

Flagler College has closed Flagler Forward, its first comprehensive campaign, at $155.6 million, of which $85.6 million came from private donors and $70 million from the state of Florida, the St. Augustine college announced on October 26.

A comprehensive campaign is a multiyear drive that counts gifts for every purpose, from scholarships to buildings, toward one total. Flagler publicly launched its campaign in October 2023, and it officially ended on June 30, 2026, the college said. It celebrated with a gala on October 22 and a soirée on October 23.

Where did the money come from?

The college said 14,215 donors made 46,122 gifts. The largest was $12 million from the William R. Kenan, Jr. Charitable Trust, the biggest gift in Flagler's history, first announced in March 2022. The $70 million in state funding paid for the restoration of Ponce Hall, the former Hotel Ponce de Leon and a National Historic Landmark; the work included renovations to 190 residence rooms.

The college did not say how much of the private total is in pledges still to be paid, or how much is in future commitments such as bequests.

How does the result compare with the goal?

When Flagler announced the campaign in 2023, it set a $65 million private goal and counted a $35 million state appropriation toward a $100 million total, according to its launch announcement. The table is our own comparison of the two announcements; the percentages are our arithmetic.

Launch, October 2023Close, October 2026Change
Private gifts$65 million goal (more than $50 million raised)$85.6 million132% of goal
State funding$35 million$70 millionDoubled
Total$100 million$155.6 million156% of target
Endowed faculty positions10 planned3 new, plus $7 million for professorshipsBelow plan

By our calculation, state money is 45% of the headline total, the Kenan gift is 14% of private giving, and the average gift was about $1,860, or about $6,020 per donor. More than half of the private total, at least $50 million, was in hand before the public launch.

What did donors pay for?

The college reported results against three goals: People at 141% of goal, Programs at 151% and Places at 107%. It said the campaign created 195 new scholarships, contributing to a 70% increase in named scholarship aid, and 21 scholarships for a sophomore experiential-learning program. It also listed facilities including the Brown Innovation Center, the Deagan Archaeology Lab and a new campus services building, and said the campaign helped secure funding for a future music hall and a center for religion and culture.

"This campaign was about more than reaching a fundraising goal," said Flagler President John Delaney in the announcement.

What other campaigns can learn

In our view, the lesson is in how the total is built. Flagler said plainly that $70 million of its figure is state money, which lets readers see that private donors raised $85.6 million. Many campaign totals blend gifts, pledges, bequest intentions and public funds without saying so; the components matter more than the headline. We made the same point when the University of Alabama closed its $2.1 billion campaign without saying how much was still pledged.

The faculty line also deserves a look. The 2023 plan called for 10 endowed positions; the closing announcement lists three. Donors gave more than asked overall, but not evenly across priorities. Northern Iowa's campaign close shows the same pattern of a total that beats its goal while individual lines vary.

General information for donors and nonprofit leaders, not legal or tax advice. How we report is set out in our editorial guide.