81
      Sunday
      88 / 66
      Monday
      89 / 67
      Tuesday
      90 / 68

      University of Missouri sets new fundraising record

      University administrators announced Tuesday that the school's Office of Advancement raised $164.5 million, beating the previous high of $160.5 million in 2008.

      Fundraising at the University of Missouri set a record during fiscal year 2014.

      University administrators announced Tuesday that the school's Office of Advancement raised $164.5 million, beating the previous high of $160.5 million in 2008. Last fiscal year, the university raised $137 million in pledges and gifts.

      The Columbia Daily Tribune reports that $19.7 million of this year's donations came from annual giving, which is all donations of less than $10,000.

      The university said in a news release that the value of the school's endowment funds increased by more than 13 percent this year. This year's endowment total is $783 million through the end of March, the latest figures available.