Special revenue, combined with voluntary
support, presents a complete picture of non-state support
provided to the CSU. Special revenue includes income from
corporate sponsorships, grants and contracts that are not
considered contributions (including government contracts and
sponsored research) and distribution from endowments (including
scholarship funds, funding for endowed professorships, etc.).
The CSU also classifies gift expectancies, including bequest
commitments and revocable trusts and pledges, as special revenue.
Special revenue also includes property transfers such as the
grants of property that established the campuses at Monterey
Bay and Channel Islands.
Income from special revenue has more than doubled in the
last nine years to reach a total of $738.6 million. Campuses
actively seek entrepreneurial partnerships with corporations
and government entities that bring revenue into the university
and support the academic mission of the CSU. As the 1.5 million
addressable alumni of the CSU mature and development programs
focus on deferred and planned gifts, trusts, pledges and bequests
are expected to increase substantially. In 2001/2002, nearly
$135 million in future gifts had been committed to CSU campuses.