Purdue sets new records for research, philanthropic fundraising
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Purdue University is setting new records for fundraising.
The university announced Monday that it raised $613 million in research awards and $610 million in private contributions during the fiscal year that ended June 30.
Both represent a steady increase over the years in funding.
The university’s total money raised for research shows a 9% increase over the last fiscal year and a 92% increase over the last 11 years.
Research funding for the year supported about 3,500 projects, according to the university, with the U.S. Department of Defense giving the largest sum at $98 million. Private industry contributed almost $90 million. Other top donors include various local, state and federal funding sources, such as:
- The National Institute of Health, $95 million
- The National Science Foundation, $81 million
- The U.S. Department of Agriculture, $62 million
- The U.S. Department of Energy, $41 million
- State and local government, $43 million
“This new record for research awards funding demonstrates the strength of Purdue research and, perhaps even more importantly, the impact of our work by our faculty, staff and students,” Purdue Executive Vice President for Research Karen Plaut said in a university news release. “Through concentrated effort, Purdue has successfully increased the diversity of our funding sources, providing more opportunities for our researchers across all areas of study and training the next generation of scientific leaders.”
The university accepted philanthropic gifts from 83,836 donors, including from alumni, students, families and foundations. $183 million of these gifts are directed toward student support — an increase of 22% over last fiscal year, according to the university.
The institution saw its largest single-day fundraising campaign this spring, raising $110.8 million in its annual Purdue Day of Giving.
“Purdue has had another monumental year in private giving, thanks to the generosity of our alumni, friends and fans,” Purdue for Life Foundation President Matt Folk said in the release. “Together, through small steps and giant leaps, we are strengthening Purdue’s reputation in teaching and research while remaining affordable and accessible to brilliant young minds.”