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Temple raised $84 million from donors last year

Temple University raised more than $84 million in the last fiscal year, up from nearly $68 million the year before.

Much of last year's increase, Temple University said, is due to the $25 million gift from the estate of the late Lewis Katz, an alumnus and long-time member of the board of trustees who died in a plane crash last year. (DAVID MAIALETTI / Staff Photographer, file)
Much of last year's increase, Temple University said, is due to the $25 million gift from the estate of the late Lewis Katz, an alumnus and long-time member of the board of trustees who died in a plane crash last year. (DAVID MAIALETTI / Staff Photographer, file)Read more
    by Susan Snyder, Inquirer Staff Writer
    Published 

Temple University says it raised more than $84 million in the last fiscal year, up from nearly $68 million the year before.

It was the third year in a row the school beat its previous fund-raising record.

The university said much of last year's increase was due to a $25 million gift from the estate of Lewis Katz, an alumnus and longtime member of the board of trustees, who died in a plane crash last year. Temple's school of medicine will be named for Katz, whose gift was the largest in Temple's history.

Also, 419 donors gave $10,000 or more, the university said. More than 19,000 alumni donated, the most since 2008. The Golden Owls, alumni who graduated more than 50 years ago, gave $4 million.

"The depth and breadth of generosity that our donors have shown is a reflection of their belief in our mission and the continued momentum of Temple University," president Neil D. Theobald said in a statement.

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