U of Colorado Spends $380K On Consultants To Improve On Record-Breaking Fundraising

Monday, October 1, 2012

On the heels of its biggest fundraising year ever, the University of Colorado is paying a philanthropic consulting firm $380,000 to work with the CU Foundation to explore how to bring in even more money.

The university recently inked a contract with Chicago-based Grenzebach Glier and Associates for the work, which is expected to take place over a six-month period, CU system spokesman Ken McConnellogue said Thursday.

CU is paying for the consulting work with unrestricted donations given to the university that can be used at President Bruce Benson's discretion.

Separately, CU also will soon seek bids from companies that can help the university's technology transfer office generate more revenue when CU-licensed science moves on to the commercial market.

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