U of A Raises $100 Million in 2007 Fiscal Year - KAIT Jonesboro, AR - Region 8 News, weather, sports

Fayetteville, AR

U of A Raises $100 Million in 2007 Fiscal Year

FAYETTEVILLE, AR - The University of Arkansas at Fayetteville raised more than $100 million in the past fiscal year, besting last year's fundraising by $7.5 million.

The Fayetteville campus has a goal to raise $100 million annually until 2010.

Chancellor John A. White says it is impressive that the campus could raise the sum in a year without a major fund-raising drive.

The university's fiscal year ended June 30.

Of the $100 million, 53 percent came from corporations, 19 percent came from foundations, 12 percent was from individuals, 5 percent came from planned gifts and 11 percent came from other organizations.

UA vice chancellor G. David Gearhart says the contributions add to campus life at every level.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

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