Despite budget cuts, economic uncertainty, Foundation enjoys strong support
For the fifth year in a row, the Missouri State University Foundation set a new record for fundraising in Fiscal Year 2012, which ended June 30. The $20,311,218 raised during FY12 topped the Foundation’s previous record of $16,698,481. The gifts will help to fund programs, scholarships, equipment and other needs across campus.
“We are very gratified for the continued support of our alumni and friends,” said Missouri State Interim President Clifton M. Smart III. “The record numbers are impressive, but the significance lies in what the numbers allow us to provide: support for our students, faculty, programs and facilities. In today’s world of higher education, these private dollars mean more than ever to the success of the university.”
With gifts from 23,792 donors, the Foundation was able to help achieve the university’s overall goals of increasing student access to higher education and recruiting and maintaining quality faculty members.
“The Missouri State University Foundation continues to meet and exceed all our expectations for fundraising in an environment of ‘do more with less,’” said Bill Hixon, board chairman. “On behalf of the Board of Trustees, we extend a sincere heartfelt thank you to our wonderful donors and to our goal oriented, hard working staff. The students of MSU greatly benefit from this record fundraising effort now and for years to come.”
The Missouri State University Foundation was established in 1981 as the fund-raising arm of the university. Since then, the Foundation has received nearly $210 million with $52 million in future gifts. The outright gifts are already being utilized on campus. The deferred gifts will come to the university at a later date through bequests, trusts, annuities, life insurance and other instruments.
“We are so very thankful to all our donors,” said Brent Dunn, vice president for university advancement. “The support for the university continues to grow, and we are appreciative of every single gift. This is our fifth consecutive record in a row and that shows people really care about education and this institution.”
Our Promise: The Campaign for Missouri State University continues, having exceeded its $125 million goal well ahead of schedule. The campaign will strive to reach the $150 million mark by Dec. 31, 2012, the originally scheduled conclusion.
More information about Our Promise: The Campaign for Missouri State University is available on the university website at www.ourpromise.missouristate.edu. Anyone wanting to give to the campaign can do so online.