WILLIAMSBURG, Va. - The College of William & Mary says private donors contributed $43.6 million in the 2012 fiscal year, up 6.5 percent from the previous year.
College officials said Friday that total private giving for the year that ended June 30 was $2.6 million more than in fiscal 2011. The total topped $40 million for four straight years.
Donations and pledged commitments to William & Mary totaled $80.1 million. More than 30,300 people, corporations and foundations gave to William & Mary, topping last year's total of more than 28,600 donors.
President Taylor Reveley said in a statement that the college depends increasingly on gifts from alumni and other donors in the face of growing financial pressures on higher education institutions, particularly state schools.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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