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$100M for Miami – First online donations

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The University of Miami raised more than $100 million during the 1999-2000 academic year, a school record.

The money came from roughly 34,000 gifts from individuals and groups around the world. The gifts included $2 million from the Harcourt M. and Virginia W. Sylvester Foundation to name a floor in the university’s childhood disease institute and $2 million from the Buoniconti Fund in support of The Miami Project to Cure Paralysis, among others.

The total represented a 17 percent increase from last year and a 53 percent increase over the 1989-1990 school year.

This year, the university also received its first on-line donations from alumni. On-line giving is still relatively small, but university officials believe it is a growing trend, especially among net-savvy younger alumni.

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