We do not hold data centrally on the total level on endowment funds held by universities but the income from such endowments amounted to nearly £300 million for 2005/06—the latest year for which data is available. Over the past decade, significant improvements have been made as more institutions have set up and expanded their professional fundraising capacity. This has been supported by the Government’s commitment to increase the level of voluntary giving to universities with the introduction of a £7.5 million capacity building scheme and the £200 million matched funding scheme over three years that was announced last year.