UA Foundation History
Incorporated in 1958, The University of Arizona Foundation is one of the largest foundations in Arizona.
- It raises more than $100 million annually.
- It has an asset base of nearly $500 million.
- It has helped generate a cumulative total of more than $2 billion in private funding for the University.
This demonstration of private sector confidence helps to develop competitive excellence across numerous fields of study, including:
- biomedical science
The campus skyline continues to change with dozens of buildings and facilities made possible over the years either wholly or in part through private gifts.
Beyond such capital projects, other key fund-raising priorities determined by the University include endowed faculty and student support. Currently, the UA has 65 endowed faculty positions and more than 1,100 endowed student scholarships.
Campaign Arizona, the Foundation’s most recent campaign, was the most ambitious fund-raising effort in Arizona. By the 2005 end of the eight-year drive, it raised $1.196 billion, surpassing its $1 billion goal by nearly 20 percent.
The UA joined prestigious institutions such as Harvard, Southern California, Stanford, UCLA and Virginia by establishing and surpassing $1 billion goals.
The University continues to mirror a national trend that sees private support increasingly more pivotal to the institution’s fiscal health and ability to stay competitive.
The percentage of state funding that contributes to the UA budget continues to decline. Increased focus on philanthropic dollars creates opportunities for both college- and unit-based campaigns and more comprehensive institutional campaigns.
Today, the University and the Foundation look forward with optimism and enthusiasm. Foundation efforts help ensure that The University of Arizona continues to serve as a cultural and educational resource in southern Arizona and as one of the nation’s top research universities.