UCLA breaks record – Second year in a row

The University of California at Los Angeles has broken records for the second year in a row, raising more than $330 million in the 1999-2000 fiscal year.

That number represents a 30 percent increase over the previous year’s total of $254 million.

The money was raised as part of a seven-year fundraising drive aiming to raise $1.6 billion for the school. UCLA has now raised 78 percent, or $1.24 billion, of that amount.

The money will be used across the university, with a particular focus on campus improvements and research. One of the biggest projects will be the construction of the new $150 million Ronald Reagan UCLA Medical Center, funded by a group of prominent Southern California civic and community leaders.

Private foundations were the biggest donors, giving 42 percent of the money raised last year, while alumni gave 29.5 percent.

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