It received more money than
expected in the first quarter
The University of Hawaii Foundation has raised about $10.2 million during the first quarter of the fiscal year, exceeding its goal by $200,000.
By the end of the fiscal year in June 2005, the foundation hopes to raise between $35 million and $40 million, officials said last week.
"We are very grateful to our generous donors who support the students and programs at the University of Hawaii," said Donna Vuchinich, president of the UH Foundation.
"The level of support that we're seeing is a testament not only to the generosity of the community, here and globally, but also to the quality of the faculty and programs throughout UH."
During the first quarter ending Sept. 30, nearly $2 million of the $10.2 million was raised for student scholarships and programs.
More than $5.3 million was brought in for research gifts and grants, including a $3.85 million grant from the Gordon and Betty Moore Foundation for marine research being conducted by David Karl at UH-Manoa.
Faculty and academic support donations totaled about $1.5 million; and another $1.5 million was donated for other UH programs.
The UH Foundation is in the "leadership" phase of its Centennial Campaign to raise funds to mark the 100th anniversary of higher education in Hawaii.
The public launch of the campaign is expected late next year, at which time a campaign goal will be formally announced. So far, $58.2 million has been raised as part of the campaign.