Colleges and Universities

William and Mary sets fundraising record

William and Mary sets fundraising record

The College of William and Mary raised more money in the 2016 fiscal year than in any previous year, according to a press release from the university.

With $143.1 million raised in one year, the university shattered its previous record of $105.8 million, which it set in 2015, according to university spokesperson Erin Zagursky.

University President W. Taylor Revelely III said the school now gets more of its funding from philanthropic giving than from the state and that increased giving was "central to our future."

The school has prioritized increasing the amount of giving from alumni. This year 28.7 percent of the undergraduate alumni, or 18,258 alumni, gave...