May 13, 2013 5:46 PM by Juice Godfrey
BOULDER, Colo. (AP) - University of Colorado president Bruce Benson says the school will restructure its fundraising efforts because of declining public support and other financial challenges.
A new report recommends that fundraisers from the University of Colorado Foundation, a separate nonprofit group, should become employees of the university to ensure more accountability.
According to the Denver Post, the CU Foundation reported raising $229 million last year. Benson wants to raise at least $300 million to compete with other schools, including UCLA, the University of California Berkeley, the University of Washington and Ohio State.