To what end does a university president raise money? Erm, well, it differs, but in general they are raising money for either new projects or the general endowme

To what end does a university president raise money? Erm, well, it differs, but in general they are raising money for either new projects or the general endowment. Income from the endowment is typically used to support a wide variety of areas, many of which directly contribute to "providing a quality education to the university's students" -- scholarships, maintenance, staff, and so forth.