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(Boston, Mass.) — Boston University set a fundraising record with $103.4 million brought in through gifts during the fiscal year just closed, shattering last year’s record with a 14 percent gain. The figures were announced today at a celebration on campus for development and alumni staff.
“This is a truly remarkable accomplishment,” said Christopher A. Barreca, chairman of the University’s Board of Trustees. “What really makes this achievement stand out is the fact that we have been able to set this record in the midst of such a difficult economic situation in the nation.”
Vice President for Development and Alumni Relations Christopher Reaske noted that this is the largest single year-to-year increase in fundraising ever at Boston University in terms of dollar amount.
“We are all very pleased with the results of a great deal of hard work,” Reaske said. “We’ve set a record each year for the past eight years, but breaking the $100 million barrier is a major milestone, one which represents an outstanding team effort by our staff and many of the members of our Board of Trustees.”
Reaske attributed the increase in fundraising to a combination of factors, including the growth of Boston University’s reputation over the years, and the coordinated efforts of the development and alumni staff, working hand-in-hand with Trustees, senior administrators, and members of the faculty. The University is in the second year of the “quiet” phase of a large campaign. He reported that total gifts and pledges currently stand at about $270 million.