Dear Shocker family member,
As another year has gone by, we want to take a moment to admire and appreciate the ever-expanding relationship Wichita State and the Wichita community enjoy.
For fiscal year 2008 (July 1, 2007, through June 30, 2008), nearly 85 percent of our donors live in Kansas and more than half of them live right here in Sedgwick County.
WSU and Wichita interact, intertwine and intermingle to find ways to draw strength from each other. Each one is stronger because of the relationship with the other.
Alumni are bringing you the daily news, starting new companies, taking care of your health and filing your taxes. Wichita businesses are employing WSU students in cooperative education positions. Wichita community members are filling roles on WSU boards and councils.
You, too, are a part of this special community bond. We formally thank you today, but we appreciate you every day.
Our warmest regards,
Elizabeth H. King
President & CEO, WSU Foundation
John Morse
Chair, WSU Foundation Board of Directors
WSU Foundation Fiscal Year Summary
The WSU Foundation concluded the 2008 fiscal year having raised, in cash and gifts-in-kind, more than $25 million, the second highest year in the history of the Foundation. Of this amount, nearly $14 million was received from gifts other than estates. In addition, of the $25 million, 53.2 percent or $13.8 million was earmarked to be placed in endowment, allowing the Foundation to be able to provide support from these funds in perpetuity.
Of the $25 million in gifts, nearly 66 percent goes toward scholarships, fellowships and faculty and staff support.