PSU Magazine Winter 1987

THE FOUNDATION BOARD FINDS BROAD SUPPORT I t takes the support of the commu– nity-corporations, foundations and thousands of small businesses and indi – viduals-to maintain Portland State's leadership among public institutions of higher learning and to continue to return the community's investment in the fom1 of tools and resources fo r economic and cultural development. In the fi scal year, Jul y 1986 throughJune 1987, the Port– land State University Foundation enjoyed continued growth in all areas of fund raising, and the momentum continued over the Summer and into the Fall . One demonstration of the vigor of community support is the dramatic rise in contributions from individuals through the PSU Annual Fund in 1986- 87 . In all , 4,085 people contributed a total of S361.395 to the fun d, an increase of 44% in the number of donors and 29% in the total of gifts over fi scal year 1986. Significantl y, 1,712 of the donors were contributi ng to the Annual Fund fo r the first time, indicating a broadening base of support fo r the University. The "broader in volvement of people and institutions in the community" was also pointed out by Leigh D. Stephenson, president of the PSU Foundation since 1984 , as he turned the reins over to William Lindblad at the May meeting of the Foundation Board of Directors. Stephenson reminded the Board that, as a result of growing community support , it is now responsible fo r managing over S2 million in University assets, compared to Sl71,000 in 1974 At the meeting, seven newboard members were wel– comed, includingJudith Nichols, the Uni versity's new Vice President fo r Development. For the fi scal year ending in June 1987, the PSU Foundation Development Committee reported 141 gifts of Sl,000 or more from corporati ons, foundations and other organizations. Total gifts and pledges came to S3 ,683 ,741. Between July l, 1987 , and October 31, 1987 , the total rose to S4,430,877. Among the many donors whose generosity and commitment to the goals of the Uni versity made the year success– ful were the Tektroni x Foundation, which contributed over S425 ,000 to a number of PSU departments, including engineering, business, athletics, foreign languages and psychology; the Chiles Foundation, with more than SS00 ,000 in gifts and pledges in support of the Earle A. Chiles Microcomputer Laboratory in the School of Business Administration and fo r scholarships: and the Fred Meyer Charitable Trust, which donated S300 ,000 , including substantial support fo r PSU's Regional Research Institute fo r Human Services. From the contribution by the M.J Murdock Charitable Trust to support the Physics Department's Elec– tron Optics System to the gift of the New PSUFoundation President William Lindblad presents outgoing President Leigb Stephenson with a plaque expressing the Uni– versif:)' s appreciation for his 2'h years of service. Lorene Sails Higgins Charitable Trust to establish a visiting artists program in the School of Fine and Perfo rming Arts, the generosi ty of fo undations and corpora– tions ranged the whole spectrum of the Uni versity's teaching and research endeavors. In the past year Portland State also received gifts whose worth is beyond monetary reckoning. In a gift to the Uni versity's future, Herbert Retzlaff endowed Portland State's first academic chair, to be known as the Herbert Retzlaff Chair of Management Accounting in the School of Business Admin istration. His– tory professors George Carbone and Charles Le Guin gave the University their invaluable personal research libraries, the fruits of years of painstaking work. These are gifts whose value will be per– petually renewed th rough generations of PSU faculty and students to come. x