Yale’s Donor Dollars Dwindle

September 4, 2009, Yale Daily News — That Yale secured enough donations to continue with its renovation of the Art Gallery’s facilities came as a lone bright spot after a difficult year for the University’s fundraisers.

Yale raked in gifts totaling about $439 million between July 1 of last year and June 30 of this year, Vice President for Development Inge Reichenbach said this week. That number fell far short of the roughly $600 million Yale had raised the year before and short of the more than $550 million Yale had brought in on average in each year since 2004, when the silent phase of its capital campaign, Yale Tomorrow, began.