ATLANTA - The University of Georgia's new Arch Foundation, which took over for the UGA Foundation, has already raised more than $9 million, officials say.
"I'd say we're definitely up and running," said John Spalding, the trustee who heads the foundation's executive committee, after a meeting of the panel Wednesday. "I think we're starting to transition from the organization process to more of the development process."
As of the end of October, the foundation had raised about $9.1 million, according to officials.
In all, the university's Archway to Excellence drive has raised $366.7 million of its $500 million goal with more than two years to go.
"We're way ahead of where we thought we'd be in the capital campaign," UGA President Michael Adams said.
Most of Wednesday's meeting was devoted to the continuing effort to finish up organizational work at the foundation, which was created in May after a months-long dispute between the state Board of Regents and the UGA Foundation.
The spat between the old foundation and the regents sprung from Dr. Adams' decision not to renew the contract of longtime athletics director Vince Dooley.
Reach Brandon Larrabee at (404) 681-1701 or firstname.lastname@example.org.
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