Duke University raises $441.8 million - setting a yearly record

08/11/2014 4:49 PM

08/12/2014 1:48 AM

Duke University hit a fundraising record in the fiscal year that ended June 30 with $441.8 million in donations – a jump of 7.5 percent from the previous year, the university announced Monday.

The increase comes as Duke continues a multi-year campaign, with the goal of raising $3.25 billion by June 30, 2017. So far, the drive has reached $2.17 billion in contributions.

Among the largest gifts in the past year were $30 million for the Pratt School of Engineering from alumni J. Michael and Christine Pearson and $15 million from the Marcus Foundation for research involving cord blood cells in the treatment of autism, stroke and brain disorders. Other major gifts supported a new dining pavilion, a renovated student union and graduate school fellowships.

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