Yearly giving results

2024 giving results

The following figures summarize giving to the University of Minnesota in fiscal year 2024, which ran from July 1, 2023, through June 30, 2024. These figures are reported by the University of Minnesota Foundation, which raises and manages gifts to the U of M.

University-wide fundraising results

*Preliminary and unaudited for FY24
  Fiscal 2024 Fiscal 2023 Fiscal 2014
Gifts, pledges, and other future commitments $392 million $347 million $282 million
Distributions for University purposes* $284 million $263 million $184 million
University of Minnesota Foundation endowment* $3.7 billion $3.3 billion $1.9 billion
Combined University endowments* $6.0 billion $5.5 billion $3.2 billion

How this year’s giving total stacks up

Donors giving

Donors of 2024 gifts

Total: 90,720

This includes all donors who have made gifts to the U.

  • Alumni 36,438  40%
  • Other individuals 50,767  56%
  • Organizations 3,515  4%

Purpose of gifts chart

Purpose of 2024 gifts

Total: $392 million

Gifts raised include outright gifts, pledges, and future commitments.

  • Program support* $151 million  38%
  • Student support $114 million  29%
  • Research $42 million  11%
  • Faculty and staff support $34 million  9%
  • Capital improvement $29 million  7%
  • Outreach and community engagement $22 million  6%

* Includes crossdisciplinary support, undesignated planned gifts, and support for campus programs

Types of gifts chart

Types of 2024 gifts

Total: $392 million
  • Cash and pledges $229 million  58%
  • Future (estate and deferred gifts) $160 million  41%
  • Property and in-kind gifts $3 million  1%