Penn President Amy Gutmann announced the final tally of the "Making History" campaign on Thursday. The amount is $800 million above the campaign's target of $3.5 billion.
Gutmann says the money is being used to add new facilities, attract and retain faculty, engage alumni, strengthen local and global initiatives, and increase student financial aid.
Penn had already raised about 43 percent of the funds when it announced the five-year campaign in 2007. Officials hit their mark in 2011, but continued the effort through the end of last year.
Raymond and Ruth Perelman gave the biggest single gift—$225 million—to name the School of Medicine.