Rutgers University said a late surge in donations led to the most successful fundraising year in its history, breaking the record set a year ago by more than 26 percent.
The university raised $187.9 million during the 2014-15 academic year, surpassing the 2013-14 mark of $148.4 million by 26.6 percent, the Rutgers University Foundation announced Wednesday.
“Thanks to the growing generosity of our donors, Rutgers University has greater resources to support our outstanding students, groundbreaking faculty research and new classrooms, labs and other world-class facilities,” President Robert Barchi said in a prepared statement. “This record level of giving demonstrates donors’ enthusiasm for the vision outlined in the university’s comprehensive strategic plan, which will propel Rutgers to the ranks of the nation’s finest public universities.”
One of the keys to the year’s success was the completion of the “Our Rutgers, Our Future” campaign, the university said. The seven-and-a-half-year campaign, which ended Dec. 31, raised $1.037 billion, 4 percent more than its $1 billion goal.
“Over the past year, Rutgers donors have supported undergraduate scholarships, graduate fellowships, faculty research and other priority programs across all corners of the university,” Nevin Kessler, president of the Rutgers University Foundation, said in a statement. “As we prepare to celebrate Rutgers’ 250th anniversary, we will continue to provide opportunities for individuals, foundations and other donors to support exciting new initiatives throughout the university.”
Among other highlights of the fundraising year were:
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