November 1997
Big Numbers Make for a Great Year
The UMass Boston First Campaign has completed its first year, and has acquired significant gifts from alumni, corporations, foundations, faculty, and friends in support of the University.
In fiscal year 1997, there has been a 28.9% increase in contributions over fiscal year 1996, from $5,445,241 to $7,018,815.
In addition, UMass Boston First raised more endowment money than initially expected, which resulted in an increase in matching funds from the Commonwealth from the original allocation of $430,139 to $613,878.
Overall, $17.7 million has been raised towards the $50 million campaign goal.