2017 giving results
The following figures summarize giving to the University of Minnesota in fiscal year 2017, which ran from July 1, 2016, through June 30, 2017. The $337 million raised in gifts and commitments was the second-highest total in University history, and the $237 million distributed to the U was the highest ever. These figures are reported by the University of Minnesota Foundation, which raises and manages gifts to the U of M.
University-wide fundraising results |
|||
|---|---|---|---|
| Fiscal 2017 | Fiscal 2016 | Fiscal 2007 | |
| Gifts, pledges, and other future commitments | $337 million | $312 million | $251 million |
| Distributions for University purposes † | $237 million | $214 million | $126 million |
| University of Minnesota Foundation endowment †** | $2.1 billion | $2.0 billion | $1.6 billion |
| Combined University endowments †*** | $3.5 billion | $3.3 billion | $2.8 billion |
† Preliminary and unaudited
** Includes endowments of the University of Minnesota Foundation, Minnesota Landscape Arboretum Foundation, and Minnesota 4-H Foundation
*** Includes the University of Minnesota Foundation endowment and the University of Minnesota Consolidated Endowment Fund
How the University’s second-highest giving total stacks up
Donors of 2017 gifts
Total: 71,011
This includes all donors to the U, with gifts ranging from $1 to $25 million.
-
Alumni 38,912 55%
-
Other individuals 28,266 40%
-
Organizations 3,833 5%
Purpose of 2017 gifts
Total: $337 million
The $337 million in gifts raised includes outright gifts, pledges, and future commitments.
-
Student support $98 million 29%
-
Academic program support* $78 million 23%
-
Capital improvements $54 million 16%
-
Research $48 million 14%
-
Outreach and community engagement $32 million 10%
-
Faculty support $27 million 8%
* Includes crossdisciplinary support, undesignated planned gifts, and support for campus programs
Types of 2017 gifts
Total: $337 million
-
Cash and pledges $222 million 66%
-
Future (estate and deferred gifts) $112 million 33%
-
Property and in-kind gifts $3 million 1%