- Associated Press - Monday, August 17, 2015

LITTLE ROCK, Ark. (AP) - The University of Arkansas at Fayetteville says it raised $116.5 million in private gifts during the past fiscal year, making it the fourth-best year in the university’s fundraising history.

The university says a third of the $116.5 million came from corporations, while 30 percent came from individuals such as alumni, friends, parents, faculty and staff. The remainder of the gifts and pledges came from foundations and other organizations, including trusts and estates.

The university surpassed its goal of $112 million for the fiscal year, which began July 1, 2014, and ended June 30. The school also topped its fundraising totals from the previous fiscal year and had its best year since 2011, when $121.3 million was raised.

The bulk of the money will support students, programs and capital improvements.

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