PSU Magazine Winter 2000

From the PSU Foundation Board President Those of us involved with Portland State University are proud of how we have stretched to reach new levels of accomplishment. The dedication, generosity, and efforts of a wide circle of faculty, staff, students, alumni, and friends have made these accomplishments possible. All have become members of a team united in its desire to see PSU fulfill its promise to our community and state. The PSU Foundation benefited from the generosity of its alumni and friends, together with the increased visibility of the University. • Total assets increased nearly 21 percent from $17.6 million as of June JO, 1998, to $21.2 million as of June JO, 1999. • Scholarships awarded increased nearly 50 percent to $852,25J as of]une JO, 1999. • Total revenue grew dramatically, reaching $9.2 million in 1999 compared to $2.8 million in 1995, a five-year increase of 229 percent. The Foundation's board of directors is a diverse group of community and business leaders who volunteer their time in leading PSU to realize its position at the heart of our region. We are proud to be associated with this University and to be in partnership with so many of the University's friends in reaching our shared aspirations for PSU. ~~~ P.A. "Tony" Leineweber President, PSU Foundation Board PSU Foundation 1999 Revenues by Source Investment return ($1,437.006) Events and other ($435,860) Contributions and grants ($7,385,427) Portland State University Total Gifts and Pledges 1996-1999 96-97* 97-98 98-99 This chart may include some grants and contracts research funding. *1996-97 figures have been restated. PSU Foundation Asset Growth 1996-1999 96 97 98 PSU Foundation 99 1999 Grants and Expenses by Function fund-raising ($64,570) Administration (5847,499) Direct University support (52,450,738) For additional details regarding PSU Foundation financial information, please contact Philip Varnum , chief administrative officer, at (503) 725-5881.