The University of South Florida attracted a record number of donors during the last fiscal year, extending a five-year run of record-setting philanthropic support as the university continues to build its research profile.<\/p>\n
USF received more than $172 million in private donations during the fiscal year that ended June 30, the university announced Monday. That\u2019s the second highest fundraising total in USF\u2019s history. University officials highlighted that the funds came from a breadth of support: A record 70,177 donors contributed, including 15,798 first-time donors, an increase of 20% over the previous year.<\/p>\n
The university also received more than 30 gifts of $1 million or more.<\/p>\n
The fundraising figures underscore USF’s growing appeal to alumni, philanthropists and corporate supporters as the Tampa university expands its research enterprise, invests in new facilities and seeks to strengthen its position as one of the nation’s leading public research universities. USF joined the Association of American Universities in 2023, a milestone that has helped raise its national profile.<\/p>\n
“At USF, we believe bold ambitions are achieved through strong partnerships,” President Moez Limayem says in the statement. Limayem, who became president in February, says the university has raised more than $100 million since he took office.<\/p>\n
Over the past three fiscal years, USF has averaged more than $175 million annually in private fundraising. Since 2020, donors have contributed more than $944 million to the university.<\/p>\n
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USF also reported that it now manages more than $1 billion in assets, including an endowment valued at approximately $850 million. Endowment earnings provide ongoing funding for scholarships, faculty positions, research and academic programs.<\/p>\n
Foundation CEO Jay Stroman says the continued donor support reflects confidence in the university’s trajectory and mission.<\/p>\n
\u201cThis year\u2019s philanthropic momentum reflects an increasing confidence in USF\u2019s ability to change lives,\u201d USF Foundation CEO Jay Stroman says in the release. \u201cEvery gift helps expand opportunity for our students, strengthen our communities and advance the university\u2019s impact across the state, nation and globe.\u201d<\/p>\n
Half of this year’s donors were USF alumni, according to the university.<\/p>\n
Civil engineering graduate Joseph Samus Jr., a longtime donor, said he supports the university because of the opportunities it provided him as a student.<\/p>\n
“USF is where I met my wife, built lifelong friendships and found opportunities that changed my future,” Samus says in the statement.<\/p>\n
The university also set records during its annual Giving Week campaign in April, raising more than $7.2 million for 661 university causes from 12,499 donors. More than 3,300 of those contributors made their first gift to USF.<\/p>\n
University officials said donations support scholarships, student success initiatives, research programs and campus facilities.\u00a0<\/p>\n
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