Fund-raising off to a brisk start
The University of Akron is continuing its successful fund-raising efforts after a record-breaking fiscal year 2006-07, the University’s Board of Trustees reported at its meeting Jan. 23.
The Board reported giving to the University for July through November 2007 totaled $21.5 million, 76 percent more than the $12.2 million received for the same period of 2006. The number of gifts increased 14.4 percent to 8,616 in July-November 2007, from a total of 7,531 for the same period in 2006. The trend continued into December 2007, closing the University’s highest-ever first half of a fiscal year at $26.4 million.
These totals continue the University’s recent successes — $32,395,043 for fiscal year 2006-07, surpassing the previous record of $27.4 million for 2000-01. The 2006-07 level was an increase of 28 percent from the total of $25,220,009 for the previous fiscal year. An average of $22,976,540 for the recent five-year period was an increase of 41 percent over the previous five-year period.
“This continued financial support for our people and programs truly is groundbreaking and gratifying,” President Luis M. Proenza said. “The community support speaks well of our recent efforts to transform our campus setting and the outstanding academic pursuits that take place here each day.”