The University of Oregon Foundation announced today that the university received $214.2 million in donations and pledges for 2015 — an 86 percent increase from last year, according to a statement released on Around the O.

The surge in donations was attributed to a growth in donor turnout, and the “second highest annual total” in UO history.

Around $163.3 million, or 76 percent of the donations, will go toward academics. This percentage is almost unchanged from how last year’s donation pot was divided (in 2014, 77 percent of donations were directed to academics.)

But these numbers are just a fraction of what the UO hopes to raise by the year 2018. Last October, the university announced a $2 billion fundraising campaign during an invite-only function at Hayward Field.  When the news was made public, it had already raised about $700 million toward its goal.

Along with the raised funds, a state endowment of $17 million will be used to build a new College and Carriers Building on campus, which will house the College of Arts and Sciences. Funds have also been approved for a new women’s softball stadium and an obesity research and prevention program.

Follow Noah McGraw on Twitter: @mcnoahmcgraw. 

Dahlia Bazzaz contributed to this story.