UofL celebrates fundraising record

UofL celebrates fundraising record

UofL celebrates fundraising record

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by Press Release

WHAS11.com

Posted on July 20, 2013 at 2:22 PM

LOUISVILLE, Ky. – Student scholarships, groundbreaking research and new facilities are just a few of the positive benefits that have come out of the University of Louisville’s record-breaking fundraising in 2012-13. Private donors gave UofL $162 million, an 11.8 percent increase over the previous year and the second year in a row where private giving exceeded state funding as a source of revenue for UofL.
 
“This extraordinary, record fundraising year not only looks great on paper, it looks even better when you hear the stories from students, faculty and other Kentuckians whose lives have been directly touched by donors’ generosity and their dollars,” said UofL President James Ramsey.
 
The contributions are part of UofL’s one billion dollar fundraising campaign called “Charting our Course: A Campaign for Kentucky’s Premier Metropolitan Research University,” which concludes next summer.  Through June 30, $825 million had been raised toward the billion dollar goal.  
 
“More and more people are seeing the tremendous trajectory we’re on at UofL and want to be a part of it,” said UofL Vice President for Advancement Keith Inman. “We’re thankful to our donors for their faith in our institution.”
 

UofL received donations from more than 29,000 individuals and other sources, a 5.7% increase over the year before. Other facts and figures about the 2012-13 fundraising effort:
 
•    $200 – average gift
•    $11,015,000 – largest gift
•    5,661 – number of first time donors
•    14.4 - percent of alumni who donated (the average for public research institutions is 7 percent according to 2012 Blackbaud Index of Higher Education Fundraising Performance)
 
The contributions are funding student scholarships like the Cardinal Covenant, Henry Vogt Scholarships, McConnell Scholars and Brown Fellows. Research in health and life sciences, compensation for faculty, and continued improvement of university athletic programs and facilities are also benefitting from the campaign.
 
For more information contact Keith Inman at (502) 852-7768 or keith.inman@louisville.edu.

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