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The California State University received a record $442 million in gift
commitments during 2007-2008. The results underscore the continued
confidence among donors in the CSU's ability to graduate nearly 90,000
students each year and provide them with the knowledge-based skills they
need to obtain a promising future.
Gift commitments include new gifts, pledges and testamentary provisions
recorded during the period. This accrual method of reporting reflects
the hard work of academic leaders, professional fundraising staff and
countless volunteers who assist in the CSU's fundraising success.
Charitable gift receipts, a combination of new gifts and pledge payments,
totaled $263 million. This cash method of reporting indicates resources
that have been received and invested in the CSU's students, faculty
and programs.
Within these gift receipts, the CSU received $135.5 million to enhance the knowledge
development and academic experience of today's students:
- $19 million for student scholarships
- $42 million for academic programs
- $8.5 million for applied research
- $1 million for faculty compensation
- $1.5 million for library operations
- $13.5 million for athletic programs
- $24 million for public service programs
- $2 million for physical plant operations
- $24 million for other university needs
To support the future capacity of the university, over $32 million was contributed to build state-of-the-art
libraries, technologically advanced laboratories, contemporary performing arts centers,
and expanded athletic facilities. Additionally, donors added over $70 million to university
endowments, creating a lasting legacy of support. Irrevocable deferred gifts accounted for nearly
$21 million in future support.
Of all charitable gifts received, 98 percent were designated to specific interests identified by the
donor. Only $6 million received was unrestricted and available to be directed to the university's
most pressing needs.
In addition to charitable support, the university received nearly $1.2 billion in operating grants
and contracts revenue. Student financial assistance in the form of Pell Grants, Supplemental
Educational Opportunity Grants and Work Study programs accounted for much of the
$743 million received in federal grants.
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