UA announces $38.4 million raised

The University of Arkansas, Fayetteville athletic department and Razorback Foundation raised $38.4 million in the past fiscal year, the UA announced Saturday.

It’s the third-highest total for the athletic department and Razorback Foundation, surpassed in 2016 — when the total of $50.1 million included multiple capital gifts made in conjunction with the new Founders Suites that will open in 2018 at Reynolds Razorback Stadium — and in 2015 when a $10.65 million gift from Jerry and Gene Jones brought the total to $47.3 million.