UH Foundation raises $66.3M in fiscal year - Hawaii News Now - KGMB and KHNL

UH Foundation raises $66.3M in fiscal year

Posted: Updated:

HONOLULU (AP) - The nonprofit organization that raises money to support Hawaii's public university system has raised $66.3 million in the fiscal year.

The University of Hawaii Foundation said Thursday the money was raised between July 1, 2012 and June 30 for the system's 10 campuses statewide.

The foundation says nearly $17 million was raised for student aid and nearly $11 million was raised for faculty and academic support.

For 99% of the gifts, donors were able to decide how and where money would be used.

Alumni donated nearly $15 million. The bulk of the money- about $30 million- came from "other individuals." Corporations kicked in nearly $7 million and parents raised about $240,000.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.