Despite continuing economic uncertainty, Harvard University raised $639 million in cash through fundraising efforts in fiscal year 2011, the third-highest total in the University’s history. These results reflect an increase of 7 percent from the $597 million in cash raised during the previous fiscal year.
A number of Harvard Schools experienced an increase in their fundraising totals, including the Faculty of Arts and Sciences, Harvard Business School, and the Graduate School of Education. In addition, current-use gifts increased by 12 percent University-wide, from $248 million in FY10 to $277 million in FY11.
“We are fortunate to have a dedicated community of alumni and friends who are unwavering in their support of the University,” said Tamara Elliott Rogers, vice president for alumni affairs and development. “They are loyal, they are passionate, and they are generous, and, for that, we are profoundly grateful.”
Rogers added that, while Harvard continues to plan for an eventual University-wide capital campaign, no decisions have been finalized about the timing or details. “We continue to make progress in the planning process, which includes academic and financial planning and prioritization,” she noted.