![\"Slide2\"](\"https:\/\/today.uconn.edu\/wp-content\/uploads\/2015\/08\/Slide2-e1438962830581.jpg\")
<\/a>The Foundation\u2019s Transform Live<\/em>s scholarship initiative, which was publicly launched in January, is helping fuel the Foundation\u2019s success. The goal is to raise $150 million over five years \u2013 effectively doubling the amount available for scholarships and student support. This past fiscal year, an additional 500 donors supported scholarships.<\/p>\n\u201cThanks to our generous donors, we had a tremendous fundraising year,\u2019\u2019 said Newton. \u201cI\u2019m thrilled that UConn\u2019s momentum and our Transform Lives<\/em> scholarship initiative are energizing our donors and helping to create an even stronger UConn Nation.\u201d<\/p>\n \u201cThe Foundation continues to enjoy fundraising success that is unprecedented in its history,\u2019\u2019 said University President Susan Herbst. \u201cAs I have said many times, there is no bright future for UConn without tremendous growth in philanthropic giving and our endowment.\u2019\u2019<\/p>\n All told, $58 million was designated for current operations and $20 million earmarked for the endowment \u2013 which now stands at nearly $390 million. Within these fundraising totals are some significant gifts worth highlighting. They include:<\/p>\n The Foundation is seeing significant increases in the number of donors in several critical categories, including those who contribute at least $25,000. Comparing FY 2015 with FY 2014, the Foundation saw this set of donors swell by approximately 23 percent. The pledges and commitments from these donors accounted for $66 million of the $78 million raised in FY 2015.<\/p>\n In addition, the total value of donations from several key groups increased year-over-year. Alumni giving rose by $1 million, gifts from parents shot up $500,000, and contributions from private foundations climbed by $2 million.<\/p>\n \u201cOur success with so many key constituent groups serves as strong evidence that donors are confident both about the direction UConn is headed and with the integrity and management of the Foundation,\u201d said Coleman B. Levy, chairman of the Foundation\u2019s Board of Directors. \u201cWe\u2019re committed to supporting UConn in its rise in its national ranking among the great public universities.\u201d<\/p>\n As required by state statute, an independent accounting firm is conducting a certified audit of the Foundation\u2019s financial and activities. Once completed in October, that report will be sent to the state auditors for their review. The audit report, along with the latest IRS 990 form, Foundation annual report, and a list of disbursement categories to the University will be sent to the leaders of the General Assembly\u2019s Higher Education committee and posted on the Foundation\u2019s website. Current information concerning all of the Foundation\u2019s public disclosure can be accessed via the Foundation’s website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Giving was up in various categories, including those giving more than $25,000, which jumped 23 percent.<\/p>\n","protected":false},"author":58,"featured_media":103684,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wds_primary_category":0,"wds_primary_series":0,"wds_primary_attribution":0,"footnotes":""},"categories":[1866,1862,1864,1],"tags":[],"magazine-issues":[],"coauthors":[117],"class_list":["post-103707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-engr","category-busn","category-pharm","category-uncategorized"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-17 01:52:55","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/103707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/comments?post=103707"}],"version-history":[{"count":8,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/103707\/revisions"}],"predecessor-version":[{"id":103748,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/103707\/revisions\/103748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/media\/103684"}],"wp:attachment":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/media?parent=103707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/categories?post=103707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/tags?post=103707"},{"taxonomy":"magazine-issue","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/magazine-issues?post=103707"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/coauthors?post=103707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a>While the independent audit of its FY 2015 numbers won\u2019t be completed until early October, the Foundation is confident reporting a closing total of $77,993,764 in contributions and pledged commitments \u2013 including the following support for UConn:<\/p>\n\n
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