USC ranks fourth for fundraising
Posted February 20, 2013 at 11:35 pm in News
USC is ranked fourth in fundraising among American colleges and universities for 2012, according to an annual survey by the Council for Aid to Education.
The university raised $492 million last year.
Stanford University is ranked first in the survey, having raised more than $1.03 billion in one year. It is the first university to raise more than $1 billion in a single year. Harvard University and Yale University were ranked second, with $650 million, and third, with $544 million, respectively.
In August 2011, USC launched a multi-year campaign to raise $6 billion or more to increase endowments in support of faculty and provide support for academic priorities, capital projects and infrastructure. The campaign is calling upon individual donors, foundations and corporations to contribute to this effort, as well as to alumni, faculty, staff, community members and families to spread the word.
A recent contribution was made by philanthropist Glorya Kaufman, who endowed the USC Kaufman School of Dance in November 2012, funding the creation of the Glorya Kaufman International Dance Center. The school is the first to be created by endowment in 40 years and will be the sixth school of the arts at USC.
Donors may contribute through faculty and research program endowments, student scholarships and capital projects.
Recent contributors include USC alumni David Dollinger, Bryan Singer, Sumner Redstone, Â and Michele Dedeaux Engemann.
According to the campaign’s website, USC has already raised $2.35 billion from 179,731 donors as of Feb. 8.
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