2010-11 Philanthropic Annual Report

Overview of Philanthropic Support

In 2010-11, the California State University focused on solving problems and building opportunity for the future. This optimism inspired donors to commit well over $344 million—an increase of more than $79 million, or 30 percent, from 2009-2010. The results included improved pathways to degrees, enhanced learning experiences, and more graduates prepared for careers in high demand fields.

The gift commitments were comprised of new gifts, pledges and testamentary provisions recorded during the period. This pipeline of support reflects a positive outlook for initiatives underway and confidence in the potential of new generations of students.

Charitable gift receipts, a combination of new gifts and pledge payments, totaled over $240 million—a 6 percent increase from the prior year. This calculation represents resources that have been received and currently invested in the CSU’s students, faculty and programs.

Within these gift receipts, the CSU received over $145 million to encourage student achievement and promote innovation:

  • $17.2 million for student scholarships
  • $43.3 million for academic enrichment
  • $13.7 million for applied research
  • $1.5 million for faculty support
  • $2.0 million for library resources
  • $15.4 million for athletics
  • $27.6 million for public service programs
  • $1.8 million for facility improvements
  • $23.1 million for additional university priorities

Additionally, donors contributed $21.5 million to build state-of-the-art libraries, technologically advanced laboratories, contemporary performing arts centers, and expanded athletic facilities. Capital support also included $54.5 million in endowments and 39 irrevocable deferred gifts valued at $12.9 million.

Of all charitable gifts received, 97 percent were designated to specific interests identified by the donor. Only $5.9 million received was unrestricted and available to be directed to the university’s most pressing needs.

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Philanthropists Joan and Sanford I. Weill

Sonoma State University’s Green Music Center Receives $12 Million Gift from Philanthropists Joan and Sanford I. Weill

Philanthropists Joan and Sanford I. Weill’s recent $12 million gift is enabling Sonoma State University to complete the spectacular Green Music Center’s concert hall and adjoining lawn and commons—and is the largest cash gift in the university’s history. The Joan and Sanford I. Weill Hall opens for the 2012- 2013 performance season with a grand opening celebration next fall. The gift includes a $4 million one-to-one challenge grant to encourage broad community support and will complete the outdoor performance areas.

“We were impressed by what the university and the community have been able to accomplish through tenacity and determination, and we are honored to join Donald and Maureen Green and the many other generous contributors who have stepped forward to help make this dream a reality,” said the Weills. “There is no question that it has been a labor of love. We are passionate about education, music and the arts, and we are firm believers that they can help bridge cultural divides that exist throughout the world.”

For many years, Joan and Sanford Weill have been committed to education, health care, the arts and other social causes not only through their philanthropy but through their volunteer leadership. They are recipients of the 2009 Carnegie Medal of Philanthropy Award in recognition of their philanthropic efforts.