The University of Toronto’s Faculty of Medicine has announced a new $500 million fundraising campaign, part of U of T’s broader $2 billion Boundless campaign. The campaign is the largest fundraising inititiave for a faculty of medicine in Canadian history.

The campaign started Thursday night with a gala for benefactors, volunteers, faculty, and students. The event attracted attracted over 300 supporters and members of the medical community.

In a statement announcing the campaign, Dr. Catherine Whiteside, Dean of the Faculty of Medicine said the top priority of the campaign was to “attract and retain the best academic talent in the world.”

“The complexity of the health challenges we face today requires solutions that can only emerge through innovation,” she said. “The Faculty of Medicine’s integrating role uniquely positions us to spark the discoveries and drive the changes that will transform health globally in the 21st century, with the help of our supporters.”

Whiteside also announced the campaign has already raised $252 million to date.