The University of South Florida received more than $172 million in private support during the fiscal year ended June 30, its second-highest fundraising total ever, as a record 70,177 donors gave to the university.
More than 30 gifts topped $1 million, USF said. First-time donors increased 20% to 15,798.
The university said the money will support research, facilities, scholarships and other student initiatives. About half of the donors were USF alumni.
“This year’s philanthropic momentum reflects an increasing confidence in USF’s ability to change lives,” USF Foundation CEO Jay Stroman said. “Every gift helps expand opportunity for our students, strengthen our communities and advance the university’s impact across the state, nation and globe.”
Moez Limayem became USF president in February, and the university raised more than $100 million during his first months in office, according to the release.
Over the past three years, USF has averaged more than $175 million annually in philanthropic support and received more than $944 million in gifts since 2020. It manages more than $1 billion in assets, including an $850 million endowment.
USF also reported a record Giving Week in April, when 12,499 donors contributed more than $7.2 million to 661 causes. The total included 3,374 first-time donors.