A lasting impact of philanthropic support continues to grow throughout the California State University. Over $482 million in charitable gift commitments are building support for systemwide and campus efforts committed to transforming lives through inclusion, education and opportunity.
Over the past year, we launched
The Campaign for Cal State LA: We Are LA and celebrated the success of The Campaign for San Diego State, raising over $800 million in the campus' first comprehensive campaign.
The Soraya at CSU Northridge as a premiere performance center invigorating cultural diversity thanks to a $17 million gift from Younes and Soraya Nazarian, the largest gift to the arts in the CSU system.
We recognized the leadership and distinguished service of professor emeritus Lawrence B. de Graaf by honoring the Center for Oral and Public History at Cal State Fullerton with his name.
Finally, we marked the 93rd birthday of immigrant Ernest E. Tschannen with his gift of $9 million for the ambitious Science Complex at Sacramento State which will tackle worldwide challenges such as climate change and healthy aging. It was the largest single gift in the campus' history.
These gifts and thousands more continue to propel students forward in sparking curiosity, expanding their intellect and preparing them for meaningful careers. For all this and more, we thank you.
Donors are passionate about their philanthropic investments made to the CSU. Passion inspired by forward thinking and innovative ideas championed by our faculty and campus leadership. Passion to make a difference and see themselves in the enduring legacy of campus life and success of our students.
The generosity of these philanthropic investments resulted in $309 million in gifts received for 2017-2018. Of that total, less than 3% or $8 million was unrestricted.
Donor designated support for current operations of $206 million included:
For long-term capital projects, campuses received $22 million for major facility construction and renovation.
Endowments grew by $61 million in new contributions, which will provide support in perpetuity. More than half of endowment gifts are designated to scholarships.
Donors committed an additional $12 million in irrevocable deferred gifts.
$57 MillionEndowment Distribution6.44%
Average Endowment Investment Return