The University of Missouri-Kansas City surpassed a goal set seven years ago by raising $302.5 million in private contributions for capital projects, faculty support and scholarships.
University Chancellor Leo Morton announced the result Thursday at UMKC before a crowd of about 100 people. The funding was more than 20 percent greater than the goal of $250 million.
Of the money raised, $20 million will go toward endowed chairs and faculty support, and $60 million will go toward scholarships.
The money also contributed to the Henry W. Bloch Executive Hall for Entrepreneurship and Innovation, and it will provide the local match for the planned downtown campus for the arts and for the Robert W. Plaster Free Enterprise Center.