UGA trying to raise $1B by 2020

UGA trying to raise $1B by 2020

Posted: Updated:

ATHENS, Ga. (AP) - The University of Georgia is trying to raise at least $1 billion by 2020.

The Athens Banner-Herald reports that a so-called "quiet" phase of the fundraising effort has been going on about 18 months.

Officials are trying to ramp up the effort to bring in additional money. The goal is to offset declining state support.

The money will go to campus infrastructure, faculty support and research, and improving the student experience.

The university says donations averaged about $109 million a year over the past eight years. To reach $1 billion, the yearly average would need to grow to $125 million.

Leaders hope to raise even more. A fundraising drive a few years ago had a goal of bringing in $500 million but eventually raise more than $650 million.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More Local NewsMore>>

  • Burglars pretend to be engaged couple buying a home

    Burglars pretend to be engaged couple buying a home

    Monday, September 1 2014 11:18 PM EDT2014-09-02 03:18:05 GMT
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
  • Savannah police seek leads on 2 weekend killings

    Savannah police seek leads on 2 weekend killings

    Police in Savannah are seeking leads after two men were shot to death over the Labor Day holiday weekend.
    Police in Savannah are seeking leads after two men were shot to death over the Labor Day holiday weekend.
  • Georgia film studio plan: High drama, few results

    Georgia film studio plan: High drama, few results

    Georgia newsGeorgia news
    A promised $90 million movie studio in coastal Georgia is seeking a fresh start after a troubled first year.
    A promised $90 million movie studio in coastal Georgia is seeking a fresh start after a troubled first year.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices