{"id":63403,"date":"2012-08-01T11:07:30","date_gmt":"2012-08-01T15:07:30","guid":{"rendered":"https:\/\/today.uconn.edu\/?p=63403"},"modified":"2012-08-06T16:05:38","modified_gmt":"2012-08-06T20:05:38","slug":"uconn-donors-top-fundraising-goal-for-2012","status":"publish","type":"post","link":"https:\/\/today.uconn.edu\/2012\/08\/uconn-donors-top-fundraising-goal-for-2012\/","title":{"rendered":"UConn Donors Top Fundraising Goal for 2012"},"content":{"rendered":"

Donors contributed $60 million to support the University\u2019s students, faculty, and programs during the 2012 fiscal year, exceeding the $57 million goal for the year, the University of Connecticut Foundation announced July 31.<\/p>\n

The $60 million in new gifts and pledges is 18.7 percent higher than the $50.6 million raised by the Foundation in 2011, and marks fiscal year 2012 as having the highest annual fundraising total since the $600 million Our University. Our Moment.<\/em> campaign began in 2006. It is also the second most successful year since the Foundation began actively fundraising at UConn in the mid-1990s.<\/p>\n

\u201cThis is fabulous news for the entire UConn community,” says UConn President Susan Herbst. \u201cWe are already a top research university with an international footprint across disciplines. However, the University cannot achieve its goal of joining the very top tier of international leaders in higher education without greater levels of private giving.\u201d<\/p>\n

Of the $60 million in private gifts and commitments, $11.4 million was directed for scholarships and other student support; $1.4 million for faculty support; and $47.2 million for program support and facilities. Donors contributed $11 million to the University\u2019s endowment.<\/p>\n

Nearly half of the total raised ($27.4 million) was designated for general university purposes, while $21.8 million was raised for the Division of Athletics and $10.9 million for the Health Center.<\/p>\n

Since Herbst became President in 2011, the University has embarked upon a number of high-profile initiatives that have raised its visibility and provided donors with potential new avenues to support UConn. These include the Bioscience Connecticut initiative at the UConn Health Center in Farmington, the new Technology Park in Storrs, the recent announcement of plans to hire 290 additional faculty in the next four years, and the acceleration of plans to build a new basketball practice facility on the Storrs campus.<\/p>\n

Of the funds raised for the Division of Athletics, $11.3 million was designated for the basketball facility, which will be the first major construction project at UConn to be funded entirely through private donations. A $4.5 million contribution from Peter and Pamela Werth for the project is the largest single gift ever to the Division of Athletics. Another historic pledge to University athletics \u2013 $3 million for soccer and the Morrone Stadium Enhancement Fund \u2013 was made by an anonymous donor.<\/p>\n

\u201cOur fundraising in the future will be focused on all aspects of the University, but of course support of students and faculty is central,\u201d says Herbst. \u201cMy highest priorities are helping students afford college, making their experience great, supporting our faculty, and creating campus facilities that compare with the very best.”<\/p>\n

Other fundraising results:<\/p>\n