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September 19, 2013

Private giving to OU tops $194M

TULSA — University of Oklahoma President David L. Boren announced Wednesday that OU received more than $194 million in private gifts and gifts-in-kind in Fiscal Year 2013, marking one of the top two fundraising years in OU history.

This year’s figure is second only to the $200 million received in 2008.

Private giving totaled $194,258,280, increasing OU’s endowment to more than $1.24 billion, Boren said.

Donors continued to provide major support in FY2013 for the top-priority Campaign for Scholarships, which now stands at approximately $230 million, including more than $180 million in endowed funds that will provide perpetual support for scholarships.

Along with the notable increase in overall giving, the number of private gifts rose to 53,065, an increase of 2,578 over last year. OU also received $45.2 million in corporate giving and $22.1 million in new pledges of support.

Additionally, the 2013 Campus Campaign topped more than $2 million. The campaign, included an increase in the number of faculty, staff and retirees participating, with 2,083 donors on OU’s three campuses. Since it began in 1993, more than $29.7 million has been raised through the Campus Campaign.

Major capital projects receiving private gifts include Headington Hall and the Stuart Wing of the Fred Jones Jr. Museum of Art.

In addition, OU received private gifts for the renovation of the College of Dentistry building at the OU Health Sciences Center.

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