Oregon University has announced that the 2014/15 academic year was its second best for donations fundraising ever, totalling $214m.
Led by a $50m gift from former Microsoft CEO Steve Ballmer, the year’s total is much higher than its average annual total of $132m, and has only been topped by 2008’s haul of $277m. In addition, around $163m is aimed at the university’s academic facilities, whereas previous years have seen a 50/50 split with athletic giving.
Michael Schill, Oregon’s president, said: “This is a tremendous effort. It is extremely exciting for me to now be a part of this great, rising tide of philanthropy.”
