For the fourth consecutive year, the University of Arkansas at Little Rock has increased its fundraising, posting a record-breaking year for 2020.
The university raised $47,941,061 as part of its fundraising efforts in 2020. Through this funding, UA Little Rock will increase its endowed need-based scholarships, grow its student support endowment, development endowed maintenance funds for buildings, renovate facilities and more.
“Now more than ever, UA Little Rock is grateful for the support of our donors who continue to invest in the future of our university,” Chancellor Christina Drale said in a statement. “Even now, as people are coping with a global pandemic, our community has continued to give so that we can provide students with opportunity and a pathway to success.”
During 2020, more than 6,800 individuals, corporations and foundations contributed to the almost $48 million amount. In total, there were 25,901 during fiscal year 2020, stretching from July 1, 2019 through June 30, 2020.
The largest contribution during 2020 was a $25 million anonymous gift designed to “support the university’s strategic enrollment management plan.”
In recent years, giving has steadily grown. From 2019 to 2020, giving increased by more than $27 million with approximately $20 million raised in 2019. The university raised $17.7 million in 2018 and $17.5 million in 2017.