Source: University of Arkansas
The University of Arkansas at Fayetteville raised more than $100 million for the second consecutive year.
For the 2012 fiscal year ending June 30, the university recorded $108.1 million in private gift support, surpassing its goal of $103 million, according to a news release.
The total includes outright gifts of cash, gifts-in-kind, planned gifts and new pledges.
The amount is less than the $121.3 million raised in 2011, but is the second-highest annual fundraising total for the university.
Of the $108.1 million raised, $26.2 million was designated to support athletics and the Razorback Foundation.
“If you walk around our campus, it’s easy to see what gifts can do,” said Chancellor G. David Gearhart. “Several ongoing capital projects were made possible by private gift support. Many of our students would not be here if it were not for scholarships and fellowships funded by private gifts.”