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Mass. Public Colleges Boost Fundraising

Umass

BOSTON (AP) — Focused efforts by public universities in Massachusetts to boost private fundraising are paying off.

The five-campus University of Massachusetts system and the nine-campus state university network nearly doubled their annual private fundraising totals over the past decade.

The increase in donations came at a time when financial support from the state shrunk.

State statistics show that yearly donations to the UMass campuses increased from $63 million in the 2004 fiscal year to $111.5 million in 2014. Massachusetts’ state universities saw annual private gifts jump from $9.4 million to $18 million over that span.

The Boston Globe reports that in the past four months alone, UMass-Amherst has received gifts of $10.3 million and $10 million; Bridgewater State announced a record $3 million gift; and UMass-Boston received a $1 million donation.

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Information from: The Boston Globe, http://www.bostonglobe.com


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