External Funding 2008-2009
Private support helps the California State University open access to a broad and diverse student population, build technologically advanced libraries and classrooms, and support innovative teaching models and partnerships. In 2008-09, donors committed over $366 million in new gifts, pledges and testamentary provisions in support of these efforts.
|Selected Sources of Gifts|
|Alumni & Parents||$48 million|
|Other Individuals||$69 million|
|Corporations, Foundations, Others||$144 million|
|Local, State & Federal Government Funding*||$1.5 billion|
*Includes federal government stimulus money received from the 2009 Federal American Recovery and Reinvestment Act
The $1.9 billion raised by the campuses exceeded the total from student fees collected by the CSU in 2008-09. This year, the CSU raised about one dollar from external funding for every two dollars of state support.
In the early 1990s, the CSU Trustees encouraged campuses to increase fundraising efforts. Since then, voluntary support has grown steadily, alumni association membership has reached 163,000, and campus endowments have grown to $717 million.