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Alumni and friends of the
California State University (CSU) provided record support for the
university, according to the CSU Annual Report on External Support
presented Tuesday to the Board of Trustees.
In 2007-08, charitable gifts commitments of $442 million were received,
up 35 percent from last year. The 2006-07 donations also exceeded all
previous charitable giving records.
"Our donors have shown great generosity and placed their strong
confidence in Cal State," said Garrett P. Ashley, CSU vice chancellor
for university relations and advancement. "Especially in times of
economic downturn, our friends and alumni understand the university’s
commitment to building the workforce of tomorrow."
At Fresno State, $18,455,809 in pledges and gifts were received as a
part of the Campaign for Fresno State, the university's first-ever
comprehensive campaign. Included in this total was a $10 million gift
for the Henry Madden Library from Table Mountain Rancheria, representing
the largest cash gift received in university history.
Fresno State surpassed its $100 million goal for creation of the
campaign's nucleus fund, with $102 million in gifts and pledges by Dec.
31, 2008. The campaign concludes in 2012.
Giving for the first half of fiscal year 2008-9 is strong and has nearly
surpassed the annual total for 2007-08. In August 2008, the university
announced that William Lyles, president and CEO of Lyles Diversified
Inc., his family and their companies committed a $10 million gift for
the College of Engineering, which was recently renamed the Lyles College
of Engineering.
According to the report, which covers external support received from
July 1, 2007 to June 30, 2008, charitable gift receipts (new gifts and
pledge payments) totaled more than $260 million, besting the $234
million received in 2006-07 by almost 12 percent.
Donors provided more than $19 million for student scholarships, $24
million for public service programs and $92.5 million for academic
initiatives, applied research, athletics, and other current university
objectives.
Capital enhancements included $32 million to build top quality
facilities, and $70 million added to endowments. Another $21 million in
irrevocable deferred gifts were committed to provide for the future
needs of the CSU.
In addition to charitable support, the CSU also received more than $1.2
billion in operating grants and contracts, of which $743 million came
from the federal government.
Student financial assistance in the form of grants and work study
programs accounted for nearly $406 million received in federal dollars.
Much of the remaining federal grant funding went to work in a variety of
fields such as: biotechnology, marine exploration, national
intelligence, strategic languages, service learning and sustainability.
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