Economy & Economic Development  September 26, 2024

University of Colorado gifts and research funding tops $1 billion for eighth year

University of Colorado campuses earned $1.7 billion in gifts and research funding in the last year, which is a record high.

In total, the funding was 7% higher than the previous year, but it also marks the eighth straight year that CU has received $1 billion in a given year, according to a news release.

“Our extraordinary faculty are changing life as we know it and creating new possibilities for our future. The importance of their research is reflected in part by the level of funding they continue to attract each year,” CU president Todd Saliman said in the news release. “This latest milestone speaks to the real-world impact of the discoveries and innovations the CU community is generating.”

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According to the release, the overall total is fueled by an 8% increase in research awards topping $1.5 billion. Federal agencies such NASA, the Department of Commerce, the National Science Foundation and the Department of Defense, gave $942.8 million this year.

Non-federal awards totaled $579.7 million. Gifts toward research via the CU Foundation totaled $180.8 million, the release stated.

Here is the breakdown of the $1.7 billion.

  • $910 million to University of Colorado Anschutz Medical Campus. A highlight at Anschutz is researchers’ work on long COVID, diabetes and other diseases.
  • $742.2 million to the University of Colorado Boulder. A key research initiative includes researchers working on initiatives through the Colorado-Wyoming Climate Resilience Engine to find solutions to and support companies that work on climate-change issues.
  • $31.7 million to the University of Colorado Denver. A highlight here is a National Institute of Justice award of $1.5 million to study the effectiveness of extreme risk protection orders, such as Colorado’s red-flag law,” in preventing suicide, homicide and mass violence.  
  • $19.3 million to University of Colorado Colorado Springs. A group of researchers plans to use grant money to study and improve sleep habits of infants and new parents for better mental health.

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