CU raises a record $440M in private donations
BOULDER» The University of Colorado raised a record amount of money last year with more than $440 million in private donations, officials said Wednesday.
CU raised $440.4 million, which marked the ninth consecutive year the university broke fundraising records and which is an approximate 14 percent increase over the previous year. In the 2017-18 fiscal year, which ended June 30, the university received 72,370 gifts from 54,400 donors, which included individuals, foundations and corporations, according to a university news release.
The Boulder campus raised $147.8 million, up from $140.4 million the previous year.
CU Boulder officials on Wednesday highlighted large gifts last year, including:
• $2.47 million from Cindy Scripps through the Scripps Howard Foundation to support the Ted Scripps Fellowships in Environmental Journalism in the College of Media, Communication and Information;
• $1 million from CU Foundation trustee Alan Olson and his wife, Carol Ann, to support building an addition that will connect the Leed’s School of Business and the College of Engineering and Applied Science;
• $2 million from Zayo CEO Dan Caruso and his wife, Cindy, to support that building expansion and entrepreneurship activities;
• $2.25 million from Chuck Bellock and Madeleine Morrison to support underrepresented Colorado students in Leeds;
• $210,000 from CU Foundation trustee Barry Baer and his wife, Susan, to establish an endowed scholarship for Army ROTC students;
• And $10,000 for the next five years from alumni Sara and Brent Vaughn to establish the Vaughn Family Endowed Child Care Scholarship Fund.
The Anschutz Medical Campus raised $253.8 million, the Denver campus raised $21.1 million and the Colorado Springs campus raised $16.8 million.
The $440.4 million total did not include an additional $882,850 given to the CU system and CU Foundation, the university’s fundraising arm, according to the news release. As of March 31, the foundation managed more than 2,700 endowments valued at $1.3 billion.