University of Kansas Endowment surpassed its donations goal in what was the largest-ever higher education fundraising effort in the state.
KU Endowment, the university’s fundraising arm, received gifts and pledges totaling $1.6 billion, beating the original goal of $1.2 billion.
Gifts from the Far Above, campaign, which ended June 30, boosted student support, faculty, facilities and programs on the KU campuses and at the University of Kansas Hospital.
“The success of Far Above is a testament to the confidence our alumni and friends have in KU,” Chancellor Bernadette Gray-Little said in a statement Tuesday. “Every gift sent a message that our donors want to elevate KU to greater heights.
Dale Seuferling, president of KU Endowment in Lawrence, said the campaign success represents a major milestone in the university’s history.
Of the total amount contributed, $1.36 billion came in outright gifts and pledges, and $300 million in future bequest expectancies, Seuferling said.
Far Above funded 16 new buildings or major renovation projects at the university.
KU began the silent portion of the campaign at a difficult economic time in July 2008, in the middle of the Great Recession. It launched publicly in April 2012. More than 131,000 donors — 49 percent of them new donors — from all 50 states and 59 countries made gifts, endowment officials said.