What Are the Benefits To The University of Connecticut?
The partnership holds extraordinary financial benefits for UConn. In order to receive funding from UConn, the Foundation is charged with raising substantial amounts of money to return to the University. Since 2005, the University has invested $52 million in the Foundation and received $536 million back in direct operational and endowment support over the same period of time. This is a greater than 10:1 return on the University’s investment in the Foundation–a very wise and profoundly advantageous investment for UConn to make. The real beneficiaries are the students and the faculty. Due to declining state budget support nationwide, public universities depend increasingly on the ability of their institutionally related foundations to carry out the universities’ missions. The UConn Foundation has been and will continue to be an extremely productive partner for the University.
