SINGAPORE - Universities here have billion dollar reserves, which generate millions in investment income a year, as they continue to top the class when it comes to raising funds.
Singapore's most successful fund-raiser, the National University of Singapore (NUS), collected $227 million in donations in its financial year that ended in March last year.
Already a subscriber? Log in
Dive deeper at $0.99/month
Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.
ST One Digital Package - Monthly
$9.90 $0.99/month
No contract
$0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply.
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
2-week e-paper archive so you never miss out on any topic that matters to you