In March 1998, an alumni group led by Leonard Riggio, class of 1958, announced plans for a fund-raising campaign to raise $10 million to support their alma mater financially through facilities upgrades, the establishment of curriculum enhancements, faculty training, and a university-type endowment. The endowment fundraiser, the first of its kind for an American public school, received front-page attention in "The New York Times" and sparked a friendly competition amongst the specialized high schools, with both Bronx Science and Stuyvesant announcing their own $10 million campaigns within weeks of the Brooklyn Tech announcement. In November 2005, the Brooklyn Tech Alumni Association announced the completion of the fundraising phase of what they had termed the Campaign for Brooklyn Tech. In April 2008, the Brooklyn Tech Alumni Foundation launched a second endowment campaign.