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Annual Mizzou fundraising totals $152M, down from last year

Annual Mizzou fundraising totals $152M, down from last year

July 13th, 2017 by Associated Press in Missouri News

University of Missouri, Columbia, Mo.

ST. LOUIS (AP) -- Annual fundraising at the University of Missouri's flagship campus in Columbia topped $152 million, but was down $19 million from the record amount raised the previous year.

The St. Louis Post-Dispatch reports that the university announced the latest total Thursday. The budget year ended June 30.

Almost one-third of the current year's fundraising came from the athletics department, which was a record year for new athletic director Jim Sterk.

The school has been recovering since fall 2015 from student protests over the administration's handling of racial issues and the subsequent resignations of the system president and chancellor of the Columbia campus. Freshman enrollment subsequently dropped.

But with new leadership, the university is hopeful. Mizzou's vice chancellor for advancement, Tom Hiles, says that "having stability at the top will be critical."