Private support for UConn reached historic levels for the 1999-2000 fiscal year, with the University of Connecticut Foundation receiving $37 million in private gifts. This is an $11 million, or 44 percent, increase over the previous year - an increase that continues five years of record-setting private-investment growth.

Clearly spurred by the excitement of UConn's transformation, the number of individual gifts to the University has increased by 27 percent, with individual contributions making up 48 percent of the total. Alumni giving increased to 25 percent, placing UConn in the top tier of public universities in the United States for alumni participation.

Fifty-two percent of all gifts to UConn came from corporations, charitable foundations, and other organizations.

Higher than the national average, this percentage reflects the University's strong standing among business and industry.

Effective financial management has also made a significant contribution to the growth of the endowment. During the 1999-2000 fiscal year, the Foundation realized an enviable return on investment of 16.5 percent - almost double the composite index benchmark. These investment returns continue a trend of exceptional portfolio performance that is a fitting tribute to the outstanding group of volunteers - business and community leaders throughout the nation - who provide the UConn Foundation with strategic oversight and investment counsel. Superior returns complement the generosity of the University's benefactors and provide added financial muscle to strengthen and expand important programs.

Overall, endowment accounts increased dramatically to $221 million, a $45 million increase over the prior year. Two-thirds of the endowment support was directed to faculty positions, scholarships and student aid. Facilities, equipment and programs were also supported with endowment funds.

Thanks to a continual increase in scholarships, fellowships and awards - made possible through the generosity of thousands of benefactors - the University of Connecticut is attracting some of the best and brightest students and faculty, enhancing university programs and facilities, and expanding the frontiers of knowledge.