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DENVER—The University of Colorado says it has set a record for fundraising for a second straight year.
It says donors contributed $162.5 million for the fiscal year ending June 30, up from $133.5 million in the previous fiscal year.
Gifts to the University of Colorado Foundation made up $123.5 million of the latest total. The rest were donations made directly to CU.
Only 9 percent of CU’s $2.4 billion annual budget comes from state funding. Philanthropic dollars raised amount to almost 7 percent.
