Iowa State University’s total external funding for the 2022 fiscal year broke $600 million for the first time with a total of $601.7 million. This year’s funding is $42.6 million, or 7.6%, higher than the previous high of $559.1 million, according to a news release. Funding raised by the private, nonprofit Iowa State University Foundation in FY2022 brought in $229.5 million in gifts to the university, a jump of $78.5 million from FY2021. The funding includes a record amount of external support, $284.2 million, for sponsored research funding, which is $23.3 million higher than the record set in FY2019 of $260.9 million. “The 2022 fiscal year reflects the resolve and excellence of our research faculty and staff and demonstrates that our partners in federal agencies, and in industry and nonprofits, truly value the creativity, expertise and innovation that the Iowa State research community brings to society’s greatest challenges,” said Peter Dorhout, ISU’s vice president for research.