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Economy starts to improve financial situation of some UW campuses

Giving, fundraising, and investment returns for the UW System campuses are faring okay, as the economy keeps trying to climb out of the recession. Kimera Way, executive director of the UW-Eau Claire Foundation, recalls the tumble her organization took a couple of years ago, when its endowment value fell 19-percent, resulting in a $10-million drop.

As for the UW Foundation in Madison, the outlook is mixed. CEO Mike Knetter says to date ? through the end of October ? his organization has raised about $125-million, which is a flat match for last year?s efforts at this time.