DENVER – The University of Colorado announced Monday a record amount of $258.8 million in private support in 2012-13. This represents an increase of 13 percent from the previous year.
According to CU, $128.8 million of the funds were donated through the University of Colorado Foundation. Of that amount, $54 million was donated to the Anschutz Medical Campus, $49.8 million to the Boulder campus, $15.5 million to the Denver campus, $7.7 million to the Colorado Springs campus and $1.8 million to the CU system.
CU President Bruce Benson said,
“Our continued success in fundraising is testament to the value our donors see in our university and its people. Their ongoing commitment will be critical as we continue our work to move CU fundraising to the next level.”
The influx of cash is well timed for the Colorado Eye Center which plans to double patient capacity at the Anschutz Medical Campus.
A jazz studies program at CU Boulder will also be the recipient of an endowment. Other beneficiaries include a research and clinical hub for veterans struggling with trauma-induced mental health issues on the Colorado Springs campus.
An anonymous donor gave $1.5 million to endow a chair in East Asian history at UCCS, which will allow the campus to recruit its first full-time professor in that area.
Jake Jabs made a $10 million donation to fund entrepreneurial education at CU Denver.
Over the last 18 months $880,000 was donated to fund CU Teach. The program, which encourages high-tech talent to pursue K-12 teaching careers, received a matching grant from the National Math and Science Initiative.
In 2006 the Creating Futures campaign began with the goal of raising $1.5 billion. As of June 30, CU has raised 90 percent of the funds. Since the advent of Creating Futures, endowments managed by CU have increased 40 percent from $590.3 million to $879.5 million.