In January 2007, the fundraising goal for Campaign UW: Creating Futures was increased to $2.5 billion after the campaign reached its initial $2 billion goal 17 months ahead of schedule. When the campaign ended on June 30, 2008, the total raised was more than $2.6 billion. UW received a number of transformational gifts during Emmert's presidency, including a gift in fall of 2007 from the Foster Family Foundation, leading to the business school at the Seattle campus being named the Michael G. Foster School of Business. Emmert was president at the University of Washington when the university announced it was discontinuing its varsity men's and women's swim programs.