The year 2010 once again saw substantial growth in philanthropic income for the University thanks to the generosity and loyalty of our donors. Over $40 million was donated, up from $33 million in 2009.
More than 8700 donors contributed, across all 16 of our faculties. Total donor numbers grew by 16 percent, with the highest growth originating from mail and telephone appeals by the Sydney Development Fund. More than 5200 donors responded to these appeals, a 24 percent increase compared to 2009.
2010 was a record year for bequest income – totalling more than $20 million. Bequests were primarily directed toward student support and research, but considerable unrestricted bequests were also received.
These will allow the University to apply funds to its highest priorities now and in the future. Prehistory received significant support, thanks to a bequest from Tom Austen Brown (BA ’74, LLB ’46). Donations from individuals and organisations covered a range of purposes across the full spectrum of university life. Significant gifts were made to establish or continue scholarships in business, engineering, medical research, music and pharmacy, among other areas.
Very significant gifts were made to continue or establish professorial chairs, such as the Australian Diabetes Council Chair of Diabetes and the Thomas Wenkart Chair in Endothelium.
The University’s faculties, research programs and foundations benefited greatly from generous donors, allowing us to maintain world-class standards in teaching and research for the benefit of all Australia and the wider world.