Saturday, July 30, 2016

And while we wait for the August 1 Katehi report

There is supposed to be a report coming on the investigation of suspended Davis Chancellor Linda Katehi. (See yesterday's post.) And while we wait, there is this item (below) from the Sacramento Business Journal:

The Sacramento region’s largest public university announced Thursday that it had its largest annual donation total in its 108-year history.

University of California Davis raked in $226 million in the fiscal year ended June 30, a 23 percent increase from the prior year. The money represents just 4 percent of the university’s budget but goes toward student scholarships, research and capital projects not covered by state funding, said spokeswoman Sarah Colwell.

UC Davis alumni gave $22.8 million this year, a 42 percent increase from last year. It’s unclear how many of the total donations came within the Sacramento region because a full accounting is not yet available, Colwell said.
In March, the university also benefited from its largest single donation ever. Swiss real estate investor Ernest Tschannen donated $38.5 million to fund vision research and eye care following a successful surgery that remedied his glaucoma.

UC Davis officials also announced last September that the university's endowment fund had reached $1 billion. A more recent figure was not immediately available.

In the 2014-15 fiscal year, the university received $184.1 million in total donations. It received $165.7 million in 2013-14.

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