Yearly giving results
2023 giving results
The following figures summarize giving to the University of Minnesota in fiscal year 2023, which ran from July 1, 2022, through June 30, 2023. 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 2023 | Fiscal 2022 | Fiscal 2013 | |
|---|---|---|---|
| Gifts, pledges, and other future commitments | $347 million | $453 million | $236 million |
| Distributions for University purposes* | $263 million | $202 million | $165 million |
| University of Minnesota Foundation endowment* | $3.3 billion | $3.1 billion | $1.7 billion |
| Combined University endowments* | $5.5 billion | $5.4 billion | $2.8 billion |
How this year’s giving total stacks up
Donors of 2023 gifts
Total: 91,561
This includes all donors to the U, with gifts ranging from $1 to $25 million.
- Alumni 36,922 40%
- Other individuals 51,032 56%
- Organizations 3,607 4%
Purpose of 2023 gifts
Total: $347 million
The $347 million in gifts raised includes outright gifts, pledges, and future commitments.
- Program support* $143 million 41%
- Student support $96 million 28%
- Outreach and community engagement $43 million 12%
- Research $31 million 9%
- Capital improvement $17 million 5%
- Faculty and staff support $17 million 5%
* Includes crossdisciplinary support, undesignated planned gifts, and support for campus programs
Types of 2023 gifts
Total: $347 million
- Cash and pledges $223 million 64%
- Future (estate and deferred gifts) $121 million 35%
- Property and in-kind gifts $3 million 1%