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University System of Maryland

University of Maryland, public university system have landmark fundraising year

University of Maryland, public university system have landmark fundraising year

The University of Maryland raised $195 million during the fiscal year that ended June 30, officials said Wednesday, or about $55 million more than the goal. Peter Weiler, the vice president for university relations, credited a record-breaking $31 million donation from alumnus Brendan Iribe, CEO of the technology firm Oculus VR, which he said helped spark interest among the rest of the donor base. He said 41,000 people contributed money to the state's flagship campus in College Park during the 2015 fiscal year, 7,000 more than in the previous year. "It has an enormous effect on other people when people like Brendan say they believe so much in what you're doing that...

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