Looking to improve its academic reputation in the 21st century, president Lou Anna Simon called in September, 2004 for MSU to become the "global leader" of Land Grant institutions by the year 2012. These plans include creating a new residential college (the Residential College in Arts & Humanities), investing in biotechnology research, and increasing National Institutes of Health donations above the $100 million mark. As part of these plans the university sought and was awarded the Facility for Rare Isotope Beams by the Department of Energy in 2008. The $550 million facility will study the properties of rare isotopes and better allow scientists to study origins of elements.