UI sets records for donations
CHAMPAIGN — The University of Illinois Foundation reported an increase in donations to the university for the most recent fiscal year.
The university and the foundation, the UI's private fundraising arm, set records for new gifts, grants, pledges and deferred commitments. The total, $428 million for the fiscal year that ended June 30, 2013, beat the previous high set in fiscal year 2007 of $367.4 million.
The Urbana-Champaign campus continues to bring in the most donations, with $342 million in new business for the year. The Chicago campus raised $75 million and Springfield raised $2.4 million.
The foundation reported that the university received 144,820 donations, up 2 percent compared with a year ago.
"Our 2013 fundraising performance is the result of the enthusiastic support of the university's alumni, friends and other donors and the sense that the university is on the move," said Thomas Farrell, president and CEO of the UI Foundation.
"As we all know, these gifts are essential investments in the university's mission, and create the 'margin of excellence' financial support that sustains the great work of our faculty and the activities and aspirations of our students. We are eager to maintain this momentum and are looking forward to next year," he added.