Kansas Endowment takes in $1.66B in fundraising campaign

LAWRENCE, Kan. (AP) — The University of Kansas Endowment Association says it raised more than $1.6 billion in its five-year fundraising campaign.

The endowment said this week it raised $1.66 billion in the campaign, which ended June 30 and sought to raise $1.2 billion.

The largest single gift, $58 million, came from late alumni Al and Lila Self, but most of the donations were from individuals donating $500 or less.

The Lawrence Journal-World reports that the endowment says the money will help fund several new buildings or campus renovations, as well as new professorships and 735 new scholarships and fellowships.

Endowment President Dale Seuferling says the focus of the new scholarships is to offset the rising cost of rising tuition.

 

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