Donations To U Of I & Foundation Set New Record
The record $498.5 million in so-called “new business” includes $302.6 million in cash. The totals were announced Friday as hundreds of donors gathered on the Urbana campus for the U of I Foundation’s annual meeting.
The record total includes the $150 million naming gift for the Gies College of Business, from U of I alumni Larry and Beth Gies.
The donations for the U of I during FY 2018 break a previous record set in FY 2013. And it marks a 75% increase over FY 2017 donations.
FY 2018’s donations were supported by fundraising campaigns at each of the University of Illinois’ three campuses: “With Illinois” on the Urbana campus, “IGNITE” in Chicago, and “Reaching Stellar” at the U of I Springfield campus.