UConn Foundation raises $71.8 million, grows endowment in 2017

BY EllieAnn Lesko • November 17, 2017 • 6:00 A.m

The University of Connecticut Foundation raised $71.8 million dollars from 22,243 donors in fiscal year 2017 and saw growth in the university’s endowment, according to Josh Newton, President and CEO of the UConn Foundation.

The donated money came from a variety of sources, mainly UConn alumni, Newton said in an email.  

The university’s endowment rose 11.9 percent, according to the 2017 annual report. The endowment jumped from $377.2 million to $421.9 million over the fiscal year.

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