The reality of private funds

CAMPUS ISSUES: Recent fundraising successes prove that UC Berkeley can, and should, successfully draw on private funds when necessary.

When UC Berkeley recently wrapped up a private fundraising challenge two years ahead of schedule, the campus proved how vital alternate funding sources are for a strong academic environment. And though concerns about privatization are warranted to a certain extent, it is encouraging to see substantial sums of private money Read More…

Campus completes fundraising challenge two years earlier than anticipated

UC Berkeley has established 100 new faculty chairs and gained more than $220 million in endowment funding over the last five years as part of a fundraising challenge, UC Berkeley Chancellor Robert Birgeneau announced Monday. The campus completed the unprecedented Hewlett Challenge two years earlier than anticipated by raising $110 Read More…

UC private support may be slowing

UC private support through the second quarter of the 2011-12 fiscal year is almost the same as last year, document states

From 2001-02 to 2010-11, the University of California saw an overall increase in private support as it ramped up efforts to garner donations due to state budget cuts — a trend that may be slowing this year. Over the course of fiscal year 2010-11, the UC received almost $1.6 billion Read More…

Persia Salehi/Staff

UC endowment funds experienced growth in last fiscal year

In the midst of repeated cuts in state funding to the state’s higher education institutions, the University of California experienced growth in endowment funds last fiscal year, potentially providing additional financial support to students and faculty. The UC’s endowment assets — which are composed of money or property that is Read More…