Uni campaign turns to public

By Sarah-Jane Collins, Daniel Hurst. The University of Sydney has amassed more than $300 million in philanthropic donations since quietly embarking on a $600 million fund-raising campaign in 2008.
The university announced the result at a dinner to mark the going-public phase of its campaign on Saturday night. One donor, entrepreneur Sean Howard, pledged $10 million for the university's Save Sight Institute. His gift was one of three major donations that will net the university $16 million. In recent years Australian universities have increasingly turned to philanthropy to expand their funding base, with Sydney University among the most successful. In 2008 the university received more than $58 million in philanthropic donations, and that figure has continued to rise, with more than 10,000 donors contributing more than $80 million in 2012. Read more...