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UW collects $50.7 million in private donations

Published on NewsOK Modified: August 28, 2014 at 4:07 pm •  Published: August 28, 2014

CHEYENNE, Wyo. (AP) — The University of Wyoming saw a slight dip in private contributions in the last fiscal year but still collected the second-highest amount ever despite turmoil in the university's top administrative post.

For the fiscal year ending June 30, private giving to UW reached $50.7 million, with contributions coming from more than 24,000 individuals, corporations and foundations. While down from the previous year's record of $56 million, it is still only the second time in the school's history that fundraising has exceeded $50 million.

"We took a lot of pride when we passed the $20 million mark and a lot of pride when we passed the $30 million mark and then $40 million, and now for two consecutive years we've passed $50 million," UW Foundation President Ben Blalock said Thursday.

Blalock said the numbers are particularly pleasing especially considering the situation with former UW President Bob Sternberg, who resigned last November after less than five months on the job. Sternberg left amid complaints about how he was running the state's only public four-year university.

"That potentially could be concerning to contributors, but I would say it was never reflected in the private contributions," Blalock said. "So I would say it's a tribute to the strength of the University of Wyoming and the commitment of our alumni and friends to the advance of our university."

UW President Dick McGinity said in a statement that the money raised is exceptional.

"This support will allow Wyoming's university the extra edge to educate our students, to serve the state and to provide excellence in everything that we do," he said.

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