Foundation
nets best year ever
A record
number of individuals and corporations gave a record number of donations
to the WSU Foundation in fiscal year 2001.
Donors
– 15,199 individuals and corporations – gave $19.5 million
to WSU students, faculty, programs and facilities through the WSU
Foundation.
A record
amount – $5.4 million – of the total was designated by
donors as endowed gifts for scholarships, professorships and other
funds providing long-term support.
The
Roundhouse Renaissance campaign helped boost the overall fund-raising
record, as well. Approximately $4.8 million of the total was earmarked
for the campaign to address the primary facility needs of Shocker
athletics. About $17 million in cash and pledges has been raised
for the $25 million campaign.
Gifts
in kind totaled $1.8 million, including $1.4 million in equipment
from Cisco Systems Inc. WSU received $2.1 million in estate gifts.
More
than two-thirds of the donors – 69 percent – were alumni.
Seventy donors gave more than $25,000 to the university.
In
addition to the cash and in-kind gifts, another $13.4 million in
new pledges was recorded during fiscal year 2001.
–
Lynette Murphy
