University of GA Sets New Fundraising Record
The University of Georgia has set a fundraising record of $126.4 million during President Jere Morehead’s first year in office. The fiscal year, which ended June 30th, marks only the second year that private giving to the university has exceeded 120 million dollars.
This year’s total reflects an eight percent increase over last year’s total of $117.3 million.
The total includes gifts and pledges from 56,897 contributors, representing a 4 percent increase over the previous year.
“This record year is a tribute to the faith our alumni and friends have in the future of our great university,” said UGA President Jere W. Morehead.
This record-setting year is notable in that no single major gift had a disproportionate impact on the total. The previous record-setting year of $126.2 million in fiscal year 2011 included a $42.5 million gift. The new record represents a groundswell of support from many more individual donors.
The Georgia Fund annual giving campaign represented 13.4 percent of the total raised, with a record $16.9 million to support the university and its schools, colleges and units.