POSTED: 04:42 a.m. HST, Aug 01, 2012
The nonprofit organization that raises private money to support the University of Hawaii system has raised $66.9 million in the recently ended fiscal year.
The University of Hawaii Foundation raised the money between July 1, 2011 and June 30 for the system’s 10 campuses statewide. The foundation says nearly $17 million was raised for student aid and $11.5 million was raise for faculty and academic support.
The bulk of the money — $19.3 million — came from individuals, while alumni contributed $15.4 million and corporations provided $13.1 million.
The foundation is a legally separate entity from the university, the UH Alumni Association and all other UH affiliates.