header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
September 19
1863 - Gen. Edward F. Beale loans money to A.A. Hudson and Oliver P. Robbins to erect toll house in Newhall Pass [story]
toll house


csu_logoA rise in individual donations from alumni, parents, faculty, staff, students and friends sustained level year-to year giving to the California State University, according to the Philanthropic Annual Report prepared for the CSU Board of Trustees.

In 2011-2012, gift receipts from new gifts and pledge payments totaled more than $240 million for a second year.  Sustaining this level of support was an increase in gift receipts from individuals of $7.9 million, or eight percent, to $107 million.

In total, 224,194 donors committed $297 million in 2011-2012 – the greatest number of donors since 1999.  Adjusting for the extraordinary pledge of $42 million from the Kellogg Foundation to Cal Poly Pomona in the previous year, the total value of gift commitments to the university was relatively level.

“All giving is welcome, but individual donors share a connection to the university that makes their gifts particularly unique and meaningful,” said Garrett P. Ashley, CSU vice chancellor for university relations and advancement.  “Their support sustains excellence in programs they deeply care about in areas that span innovation, teaching, research, athletics and arts.”

As a strong example of individual giving, longtime San Diego State donors Larry and Madeline Petersen decided to bequeath $2 million of their estate to the school’s Entrepreneur-in-Residence program.  Petersen, founder and president of LP Marketing, is an alumnus of SDSU who celebrates and supports the university’s focus on innovative and entrepreneurial thinking.

The CSU celebrated another milestone in 2011-2012, as systemwide endowments reached a record high.  The peak market value of more than $1.02 billion solidifies the philanthropic leadership of retired Chancellor Charles B. Reed, who oversaw a tripling of CSU endowments during his 15 years as head of the system.  Reed’s legacy lives on with the Chancellor Charles B. Reed Endowed Scholarship, which recognizes an exemplary Hearst/CSU Trustees’ recipient.

Fundraising is critical to maintaining excellence in difficult times, but cannot replace revenue lost to state funding cuts.  A major reason fundraising cannot replace other sources of revenue is because donations are nearly always are targeted to particular interests.  Donors identified interests for 97 percent of charitable gifts received in 2011-2012.

Below are the many areas that received philanthropic support to preserve excellence and advance the university’s mission.

Gift Receipts (by designation)

* Endowments (primarily for student scholarships) – $45.5 million

* Academic enrichment – $43.1 million

* Public service programs – $29.6 million

* Irrevocable deferred gifts – $22.3 million

* Facilities (libraries, laboratories, arts centers and athletics) – $20.8 million

* Student scholarships (not through endowments) – $16.1 million

* Athletics – $15 million

* Applied research -$7.8 million

* Unrestricted – $7.7 million

* Facility improvements – $2.1 million

* Faculty support – $1.8 million

* Library resources – $1.4 million

* Designations for other university needs – $26.6 million

 

About the California State University

The California State University is the largest system of senior higher education in the country, with 23 campuses, approximately 427,000 students and 44,000 faculty and staff. The CSU awards over 95,000 degrees annually and since its creation in 1961 has conferred nearly 2.8 million.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


HIGHER EDUCATION LINKS
LOCAL COLLEGE HEADLINES
Thursday, Sep 19, 2024
The College of the Canyons Aerospace and Science Team has received a $300,000 grant from NASA’s Mentoring and Opportunities in STEM with Academic Institutions for Community Success program.
Thursday, Sep 19, 2024
The Santa Clarita Community College District Board of Trustees appointed Carlos Guerrero to fill the board seat in Area 5, effective immediately, at its special Wednesday, Sept. 18 meeting.
Thursday, Sep 19, 2024
California Institute of the Arts alums Alyssa Dressman Lehner and Clara Plestis captured Emmy Awards at the 76th Primetime Creative Arts Emmy Awards.
Wednesday, Sep 18, 2024
Public, member-supported 88.5 FM The SoCal Sound, Southern California’s leading Triple-A (adult album alternative) format radio station has announced the lineup for its inaugural “Year-End Bash” taking place on Saturday, Dec. 7.
Wednesday, Sep 18, 2024
The biology department at California State University, Northridge has stayed committed to promoting STEM research carried out by K-12 students and teachers in the Los Angeles Unified School District.
Keep Up With Our Facebook

Latest Additions to SCVNews.com
The College of the Canyons Aerospace and Science Team has received a $300,000 grant from NASA’s Mentoring and Opportunities in STEM with Academic Institutions for Community Success program.
COC Receives $300,000 NASA Grant to Expand Student Access to STEM Fields
Bring along a furry friend to the Santa Clarita Child & Family Center's Purple Walk Domestic Violence Awareness 5K on Saturday, Oct. 5 from 8-11 a.m. at the Center’s main facility 21545 Centre Pointe Parkway, Santa Clarita, CA 91350.
Oct. 5: 5K Purple Walk Dogs Against Domestic Violence
Written and directed by Braddon Mendelson, produced by Heather Mendelson, and co-produced by Olive Branch Theatricals and Noisivision Studios, "Provenance" will take stage at the The MAIN, 24266 Main Street, Santa Clarita, CA 91321, Friday through Sunday, Sept. 27-29.
Sept. 27-29: Braddon Mendelson to Present ‘Provenance’ at The MAIN
The Master's women's volleyball team opened Great Southwest Athletic Conference play on the road in Prescott, Ariz. on Wednesday, Sept. 18, defeating the Embry-Riddle Aeronautical University Eagles in straight sets 28-26, 25-22, 25-18.
TMU Women’s Volleyball Opens Conference Play with Road Win
College of the Canyons freshman Sahya Kitabatake shot a two-under-par round of 70 to tie for medalist honors while helping the Cougars place fourth at the Western State Conference tournament at Sterling Hills Golf Club in Camarillo on Monday, Sept. 16.
Kitabatake Medals, Canyons Women Take Fourth at Sterling Hills Golf Club
One of the city of Santa Clarita community’s most cherished parks, David March Park is set to expand, Thursday, Sept. 26, at 10 a.m., 28310 North Via Joyce Drive, Santa Clarita, CA 91350 with a groundbreaking ceremony.
Sept. 26: Community Invited to David March Park Expansion Groundbreaking
SRD Straightening Reigns, a therapeutic organization offering equine assisted psychotherapy, has been awarded $278,870 from the California State budget to improve mental health services.
California Awards $278,870 in Funding to SRD Straightening Reins
The Santa Clarita Community College District Board of Trustees appointed Carlos Guerrero to fill the board seat in Area 5, effective immediately, at its special Wednesday, Sept. 18 meeting.
COC Board of Trustees Appoints Carlos Guerrero to Area 5 Seat
California Institute of the Arts alums Alyssa Dressman Lehner and Clara Plestis captured Emmy Awards at the 76th Primetime Creative Arts Emmy Awards.
Two Calartians Win 2024 Creative Arts Emmy Awards
Valencia High School's Choir will hold a fall concert, "Broadway, Movies & Media" at 7 p.m., Thursday, Sept. 26 at 7 p.m. and Friday, Sept. 27, 7 p.m. at the Saugus High School Theatre, 21900 Centurion Way, Santa Clarita, CA 91350.
Sept. 26-27: Valencia High Choir Presents Fall Concert ‘Broadway, Movies & Media’
As my wife, Virginia, and I stroll through our magnificent city, we admire the beautiful paseos and the expansive open spaces, but what really catches our eye, is the diverse works of art at every turn.
Bill Miranda | Santa Clarita Arts, a Journey Through Creativity
The California Department of Public Health is encouraging all Californians to get vaccinated this season to protect themselves and loved ones from respiratory viruses.
CDPH: Stay Up to Date on Vaccines
The Friends of Santa Clarita Public Library in collaboration with Santa Clarita Valley Libraries will have a silent Book Auction beginning at 9 a.m. Monday, Sept. 30, through 10 a.m. on Monday, Oct. 7.
Sept. 30: Public Libraries to Host Silent Book Auctions
1863 - Gen. Edward F. Beale loans money to A.A. Hudson and Oliver P. Robbins to erect toll house in Newhall Pass [story]
toll house
The Counties of Los Angeles and San Bernardino today announced the opening of multiple joint Local Assistance Centers to assist residents impacted by the Bridge and Line Fires.
Joint Assistance Centers Open for Residents Impacted by Bridge, Line Fires
Valencia Gynecology Associates, owned by longtime Santa Clarita Valley OB-GYN physician Don Nishiguchi, MD, has joined the Henry Mayo Newhall Hospital network. 
Valencia Gynecology Assoc. Joins Henry Mayo Network
JCI Santa Clarita is proud to announce the upcoming Veteran’s Resource Fair, scheduled to take place on Sept. 21 at William S. Hart Park. 
Sept. 21: JCI Invites All Veterans to Upcoming Resource Fair
A "friendies" field tournament  is being  hosted by the Saugus Instrumental Music program, with support from Valencia High, later this month. 
Sept. 21: All Valley Showcase Comes to Valencia High
Public, member-supported 88.5 FM The SoCal Sound, Southern California’s leading Triple-A (adult album alternative) format radio station has announced the lineup for its inaugural “Year-End Bash” taking place on Saturday, Dec. 7.
Dec. 7: CSUN Owned 88.5-FM The SoCal Sound Announces “Year End Bash” Lineup featuring Ben Gibbard
The Master's University cross-country teams continued their successful 2024 campaigns with strong finishes at the BIOLA Invitational on Friday, Sept. 13 at Craig Regional Park in Fullerton, Calif.
TMU Women Win, Men Place Second at XC Invitational
Sheriff’s Department Announces New Law Enforcement Gang Policy
LASD Announces New Policy on Law Enforcement Gangs
The biology department at California State University, Northridge has stayed committed to promoting STEM research carried out by K-12 students and teachers in the Los Angeles Unified School District.
CSUN Student Research Journal Celebrates 28 Years of Inspiring Scientific Imagination
Did you know the SCVEDC has an interactive, online tool that provides themed virtual tours of the amazing features the community has to offer? 
SCVEDC Offers Virtual Business Tours of the Santa Clarita Valley
California Institute of the Arts alum and visionary filmmaker Tim Burton (Film/Video 1979) was honored with the 2,788th star on the Hollywood Walk of Fame.
CalArts Alum Tim Burton Receives Star on Hollywood Walk of Fame
SCVNews.com