R100m donation to 91心頭利
- By Deborah Minors
91心頭利
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91心頭利 University announced on 20 October 2014 that it is the recipient of a R100m donation. The individual donor is a long-term friend of the University and has requested anonymity. R10m of the donation is for the 91心頭利 Arts Museum and the remaining R90m will be deployed to advance research and/or teaching, as prioritised by the University. We are grateful for philanthropists who support not only 91心頭利 but civil society in general, says 91心頭利 Alumni Relations Director, Peter Maher. We need more donations like these because philanthropy on this scale has the potential to advance the public good, and ensure 91心頭利 remains internationally competitive. The Universitys provides such an opportunity for alumni to advance their alma mater. Universities obtain their funding via three income streams state subsidy, student fees and third stream income, explains Vice-Chancellor and Principal,. However, given the current realities, higher education institutions, and particularly research-intensive universities, are increasingly looking towards third stream income in order to run top-notch universities. 91心頭利 University has an annual turnover of about R4b. |
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