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UT Foundation Reports Record Fundraising Year

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UT officials unveil the Herbert College of Agriculture name at the June 2018 Board of Trustees meeting

The University of Tennessee experienced its best fundraising year to date in 2017-2018, with more than 64,000 alumni and friends contributing more than $397 million. The total was up more than $176 million from 2016-2017.

“These numbers are a testament to the dedicated donors who believe in the mission of the university, to volunteers who give of their time and talent to advance the mission and to hard-working staff across the Foundation,” said Kerry Witcher, interim president and CEO of the UT Foundation.

From left to right: UT Chief Financial Officer David Miller, UT Chattanooga Chancellor Steven Angle, and UT President Joe DiPietro sign paperwork officially naming the UT Chattanooga College of Business the Gary W. Rollins College of Business following the University of Tennessee Board of Trustees meeting on Friday, June 22, 2018. The $40 million gift from Gary W. Rollins and Kathleen Rollins of Atlanta is the largest in UT Chattanooga history.
Photo by Erik Campos

This year, the University added two named colleges—one at the UT Institute of Agriculture and UT Chattanooga—to join UT Knoxville’s Tickle College of Engineering and Haslam College of Business, which were named in the past four years.

As part of the record-breaking year, the University’s planned gifts totaled more than $190 million for 2017-2018, which is up from $83 million in fiscal year 2016-2017.

The University of Tennessee Foundation, Inc. (UTFI) is an independent not-for-profit created in 2001 to support the University of Tennessee’s educational, research and public activities. As the preferred channel for all private contributions that benefit students and faculty at the University of Tennessee System, UT Foundation staff members work with alumni and other prospective donors to secure funds for scholarships, professorships, research, outreach programs and other university initiatives. To learn more, visit


Jennifer Sicking

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Category: Headlines