Public Universities in Venezuela rely on government funding for 95% of their income, funding that has been decreasing since the early 2000’s. It is time for Venezuelan universities to seek new funding sources. In the meantime alumni, especially those living abroad can build networks to stand by their Alma Mater by providing financial support, supply materials or equipment to improve teaching activities, ensuring that the quality of education doesn’t decrease due to the intense economic, political, and social crisis that is hurting Venezuela.
Although many organizations based in Venezuela have tried to help the USB, their impact has diminished due mainly to the Venezuelan socio-economic crisis. Using a non-profit organization platform based in the United States, donations will not be restricted to individuals, but large groups or companies will also be able to donate without the restrictions now in place in Venezuela, thereby increasing the positive impact on teaching activities at the USB.