Successful fundraising campaign for the University of Vaasa – donations totalling 2.5 million euros

Rector Jari Kuusisto is satisfied with the result. The Finnish Government will support the funding of universities by providing an equivalent against the private capital raised by the university. The fundraising campaign ended on Thursday 30 June.

– Our initial goal was to top five million euros. At the time, we knew nothing about the upcoming covid-19 pandemic or the war in Ukraine. With the matched funding from the state, we will reach our goal despite the global crises. So, we are very pleased with this result, says Rector Jari Kuusisto.

About a hundred donors took part in the fundraising campaign. Donations have come from companies, foundations and private individuals. The largest donation– a total of EUR 800 000 – was donated by the Evald and Hilda Nissi Foundation. Donations of more than EUR 10 000 could be allocated to a specific field. Economic sciences received the most.

– We wish to thank all for their support. Every donation is important to us, and we are grateful to everyone. We get a lot of good done with the help of donations. For example, our education is based on latest research which helps our students become professionals in economics, technology, communications and administration, Kuusisto continues.

Alongside performance, the success of the university is increasingly based on the contribution of alumni, friends and supporters. The funds raised as donations accumulate capital, and the returns are used to develop our research and its effectiveness as well as our education.

Further information:
Rector Jari Kuusisto, University of Vaasa,, tel. +358 29 449 8291

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