6-year campaign raises $336M
University of Hawaii executives' salaries to be reduced up to 10% |
The University of Hawaiçis Centennial Campaign, a six-year effort, raised a total of $336 million, the University of Hawaiçi Foundation reported.
The ambitious fundraising campaign created to celebrate the 100th anniversary of UH surpassed its $250 million goal, with some $282 million in cash donations and another $54 million in bequests.
Its very clear that the need for private support for our public universities during these challenging economic times remains great. The UH Foundation is committed to working hard and leveraging the momentum created through the Centennial Campaign to help our university and students fulfill their potential, UH Foundation President Donna Vuchinich said in a news release.
The bulk of the money, some $202 million, came through alumni or other relationships with the University of Hawaiçi-Mänoa. About 70 percent of the donations came from within the state, while 12 percent came from California and 16 percent from other parts of the Mainland.
Most of the money raised goes toward advancing academics at UH through professorships, fellowships, scholarships and other program support.