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UCA Raises $10M, A New Record

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The University of Central Arkansas said Tuesday that it raised a record $10.2 million in 2017-18, a 66 percent increase over last year’s total.

The Conway university said the total surpassed two previous fundraising goals set by its advancement division: an initial goal of $6.5 million, surpassed mid-year, and a “stretch” goal of $10 million.

UCA President Houston Davis said donors “are helping to provide opportunities such as scholarships, study abroad support, internships and research experiences, as well as ensuring that our students have state-of-the-art equipment and support while they pursue their degree.”

Kale Gober, UCA’s vice president for advancement, praised the advancement staff’s work.

“Their efforts have resulted in the most successful fundraising year in the history of this university,” he said in a news release. “While we are proud of all of these milestones, we are most excited about the new and expanded opportunities we can offer our students.”

UCA said its fourth annual Day of Giving saw a 947 percent increase in dollars raised, bringing in more than $434,000. The university also cited four gifts of at least $1 million each and an increase in alumni and donor contacts.

UCA said the fiscal year marked the first time its UCA Foundation awarded more than $1 million in private scholarships in a single academic year. The foundation awarded $1.2 million, bringing total scholarships awarded to more than $11 million since its inception in 1981.

Also for the first time, the foundation’s net assets surpassed $50 million. Its endowment is $27.9 million.

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