CSU RECEIVES A RECORD $881.6 MILLION IN EXTERNAL SUPPORT
The California State University received a record of $881.6 million in external support in 1999/00, according to an annual report submitted to the CSU Trustees today (Wednesday, Jan. 24). The amount tops last year's record total by about $20 million.
The total includes a record $251.5 million in gifts from alumni, parents, individuals, corporations, foundations and other organizations, which is an increase of about 8 percent over the previous year. In addition, the CSU campuses raised another $630.1 million through special revenue from sources such as sponsorships, bequest expectancies, pledges, contracts, grants, property transfers and income from endowments.
"The CSU has made tremendous progress in increasing external support since the inception of the CSU Division of University Advancement in 1993. Fund-raising has become an institutional priority at all campuses. The success reflects the tireless efforts of university leaders and the continued confidence donors have in the quality of CSU programs and the importance of the CSU mission," said Douglas X. Patiño, CSU vice chancellor for university advancement. "The funds support faculty research, student scholarships, new facilities, and other projects that provide a margin of excellence for our students."
Substantial increases over last year came from grants from foundations, which doubled to $58.9 million, and gifts from alumni, which increased by nearly 35 percent to $29.3 million.
San Diego State topped CSU campuses in donations with $39.6 million, an increase of more than $7 million over the previous year. Others campuses with more than $20 million in gifts in 1999/00 are: Cal Poly San Luis Obispo with $24.6 million; Fresno State with $23.7 million; and CSU Long Beach with $22.2 million.
Two campuses experienced remarkable increases in donations from 1998/99 to 1999/00: San Bernardino from $2.2 million to $8.3 million and Sonoma State from $8.8 million to $16.1 million. Two of the newest CSU campuses also had significant increases: Channel Islands from about $216,000 to nearly $727,000, and Monterey Bay from $1.5 million to about $3.8 million.
Other campuses with significant percentage increases in donations are Humboldt, plus 78 percent; Northridge, plus 55 percent; Hayward, plus 54 percent; Fullerton, plus 31 percent, and Cal Poly Pomona, plus 31 percent.
The 1999/00 CSU State Support Budget was about $2.3 billion, meaning that the CSU now raises more than one dollar from external funding for every three dollars of state support. In addition, the $881.6 million is far more than the $624.1 million CSU raised from student fees in 1999/00.
In the early 1990s the CSU Trustees encouraged campuses to increase their efforts in fund-raising and provided support for their efforts. As a result private donations have nearly tripled over the past seven years. Altogether, external support has totalled more than $4.6 billion since 1993.
24 January 2001
Last Updated: January 2001