Thursday, August 07, 2008

Mega-donations: NUS, NTU bag biggest sums

Mega-donations: NUS, NTU bag biggest sums: "WHEN it comes to pulling in mega-donations, universities lead the pack, The Straits Times has found.

The National University of Singapore (NUS) drew $112 million and the Nanyang Technological University (NTU), $72 million, in their last financial year. In the case of NUS, four in five donors in its last financial year were alumni.

Both institutions are no stranger to big gifts. In the 2005/06 financial year, for instance, NUS received $154 million; NTU, $65.2 million in its 2005 financial year."

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