University Of Akron Sees Donations Fall

The University of Akron saw donations plummet 42 percent right after the school announced unpopular cuts this summer.But a UA official says the decline is merely an issue of timing with gifts and isn’t a signal that donors are unhappy with the school.Financial donations for July and August totaled $1.85 million, down from $3.19 million during the same two-month period last year and well off the average for those months in previous years.The number of gifts also fell from 1,888 to 1,597.The drop was detailed in a report provided to the UA board of trustees last week.Several donors interviewed by the Beacon Journal said they aren’t pleased with the direction of the school and are holding off on giving for now.“It’s not a good climate for feeling comfortable about giving,” said Loren Hoch, a retired UA science educator who set up the Dr.

Sections:  u.s.   
Topics:  Ohio   Summit County   Akron   
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