‘Imagine What’s Next’ Fundraising Campaign Sets $300 Million Goal Embry-Riddle Aeronautical University, founded in 1926 by T. Higbee Embry and John Paul Riddle in Cincinnati, Ohio, as the Embry-Riddle Flying School, is celebrating its centennial. The university’s centennial celebrations — held this week at its Daytona Beach, Fla., Prescott, Ariz., and Asia campuses — kicked off with a gala that included a donation from Embry-Riddle Board of Trustees Chairman Mori Hosseini and his wife, Forough Hosseini — a $20 million gift to Imagine What’s Next: The Campaign for Embry-Riddle. The campaign, which went public at the March 26 gala at the Daytona Beach campus, is Embry-Riddle’s largest and most successful fundraising effort to date, aiming to raise $300 million in philanthropic gifts by 2030.