Support where it's needed
The University had a record year for donations in 2011, with more than $79 million raised in philanthropic support from nearly 9000 donors. The figure is more than any other Australian university has ever received in a year.
More than 60 per cent of the money raised came from gifts from 11 donors. Significant achievements include:
- Bequest income in 2011 was more than double that of 2007 and is now more than $20 million per annum;
- The number of gifts of more than $1 million has doubled in two years;
- Most donors (58 per cent) are aged between 40 and 60, although the number of younger donors rose dramatically from 100 in 2007 to 1200 last year;
- The number of current-student donors tripled between 2010 and 2011, to 363;
- The sale of the Picasso painting Jeune Fille Endormie raised $20.6 million to fund research into obesity, diabetes and cardiovascular disease;
- The $8.6 million Nancy Roma Paech Bequest was designated to rangeland science programs;
- John Hooke donated $5 million to endow a new academic chair of nanoscience in the School of Physics;
- The Maple-Brown Family gave $5 million to fund a new colorectal cancer clinic at RPA’s Lifehouse Cancer Centre;
- Daniel Petre donated $2 million to appoint a chair of prostate cancer research.
Philanthropic donations provide vital support for teaching, research and student achievements; 99.93 per cent of donors allocated their gifts to a particular area of interest, including scholarships, research projects and a myriad of other areas.