Education

August 11, 2014

Duke University raises $441.8 million - setting a yearly record

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 total for the 2013-14 fiscal year goes toward Duke University's multi-year drive to raise $3.25 billion by June 30, 2017.

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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