UCLA has raised $5.49 billion in one of the nation's most successful public university fundraising campaigns, which comes amid a decline in state support.
UCLA has raised $5.49 billion in one of the nation’s most successful public university fundraising campaigns, as an “arms race” heats up throughout the country for private philanthropy to offset state funding shortfalls.
The massive campaign reflects a growing national trend as more campuses launch larger and longer fundraising efforts in a scramble to find new sources of revenue for needs that state funding no longer fully supports.in 2017, when more than half of all states relied more heavily on tuition dollars to fund their public colleges and universities than on government appropriations for the first time in the nation’s history.
“People don’t generally donate to keep the lights on or keep the physical plant in good shape,” Block said. “Philanthropy is not a substitution for state support.” Block, however, said undue influence of donors was not an issue. “The academic enterprise and the university’s priorities remain firmly in the hands of the faculty, deans and university leadership,” he said.
The many more smaller donors included Carlos Collard, a 2003 graduate who grew up in foster care and says UCLA changed his life. Now an administrator with the city of Santa Monica, Collard said he contributes about $1,000 annually to various causes, including academic support for former foster youth and underrepresented minority students, the Fowler Museum and cultural study programs.
Block’s top priority, however, is expanding student scholarships and fellowships to make UCLA more affordable for a greater diversity of students. His matching fund has received 58,000 gifts of a total $665 million so far, and Block said he would continue to work to “reach the moon” of his ultimate $1-billion goal.
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