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University Of Colorado Reports Fundraising Record

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(credit: colorado.edu)

(credit: colorado.edu)

BOULDER, Colo. (AP) — The University of Colorado says it raised a record $258.8 million during the past fiscal year, which is up 13 percent from the previous record set a year ago.

CU said Monday that of the $258.8 million it raised, $128.8 million was donated through the University of Colorado Foundation. About $130 million was given directly to the university and the CU Real Estate Foundation.

The university says the CU Foundation also recorded $31.8 million in future estate commitments this year, and the total of intended bequests to CU has surpassed $200 million for the first time.

Colorado State University said last week that it also had set a fundraising record for the second straight year, raising $112.5 million in private donations this past year.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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