Why your supporters are wealthier than you expect. Course details.

Increasing fundraising efforts see universities’ annual total reach over £1bn

Melanie May | 30 April 2019 | News

Universities in the UK and Ireland are fundraising more than ever in an attempt to remain financially sustainable, with over £1billion raised in 2017/18, according to CASE Europe’s annual Ross-CASE survey.
Reported levels have increased from £350m secured by 75 universities in 2004/05 to £1.08bn secured by 100 universities in 2017/18.
CASE Europe‘s 2019 Ross-CASE survey also shows a significant increase in fundraising levels by ‘Developing’ institutions, which have seen a 51% increase on the previous year. Meanwhile, ‘Emerging’ institutions have seen a 15% increase. The number of universities other than Oxbridge now raising £5m a year has also nearly doubled over the past ten years – from 17 to 31. 
Universities in Scotland secured the most new funds, raising more than £61.3m, with those in Ireland raising more than £33m in new funds secured, and Welsh universities more than £8.2m.
Amounts raised in England ranged from £269.8m by the London region, to £36.6m in the South West and £1.7m in the East of England.
Other findings from the 2019 Ross-CASE survey and report include: 

However, despite significant increases in fundraising levels over the past 10 years, the number of people who donate to their university remains fairly static – currently at 1.3%. Last year also saw a slight dip in donations.
Sue Cunningham, President and CEO, Council for Advancement and Support of Education (CASE), said: 

“As funding sources for higher education are increasingly under pressure, engagement with donors has become fundamental to the success of universities.
“Creating a culture of philanthropy with current students and alumni helps ensure new students are able to experience the opportunities that others before them enjoyed.”

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Professor Sir Anton Muscatelli, Vice-Chancellor, University of Glasgow and Chair of the CASE Europe Board of Trustees, said: 

“The increase in fundraising levels is a vote of confidence by donors that our sector can change the world for the better. Donating to universities supports life changing research and transformational education opportunities for those who might not otherwise have such access.”

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