PSU Magazine Winter 2001
From the PSU Foundation Board President On behalf of the Foundation board, I thank all of PSU's friends for making this another year of stellar growth in pri– vate support for the University. The dedication, generosity, and hard work of a wide circle of alumni, friends, faculty, and students have made it possible to break new ground in com– munity impact and academic excellence. The PSU Foundation benefited from the generosity of alumni and friends and the increased recognition of the University's academic excellence within our region and beyond. • Total assets increased nearly 15 percent from $21.2 million to $24.31 million as of June 30, 2000. • Scholarship awards increased nearly 10 percent to $941, 280 as of]une 30, 2000. • Total revenue grew dramatically, reaching $11.1 million in 2000 compared to 5.5 million in 1996, a five-year increase of 102 percent. The Foundation's board of directors is a diverse group of community and business leaders who volunteer their time helping lead PSU to greater prominence and stature. We are proud to be associated with this University and to be in part– nership with so many of the University's friends in reaching our shared aspirations for PSU. CJ~ David W. Morthland President, PSU Foundation Board PSU Foundation 2000 Revenues by Source Investment income ($1,039,017) Investment appreciation ($460,624) Contributions ($9,121,975) Special Events ($S2S,648) Portland State University Total Gifts and Pledges 1997-2000 $12M ,--------=====::--::>iiiiiiiii~ . In-Kind $1 OM L.---~1-l I I I I I I I I · I I I D University Gifts • Foundation Gifts $8M $6M $4M $2M $OM $25M $20M $15M $10M $SM $OM 97-98 97 I I 98-99 99-00 PSU Foundation Asset Growth 1997-2000 98 99 PSU Foundation 00 2000 Grants and Expenses by Function Capital projects ($2,025,989) Scholarships and fellowships ($941,280) Administration (5985,709) Academic program support (53,827,636) For additional details regarding PSU Foundation financial information, please contact Philip Varnum , chief administrative officer, at 503-725-5881.
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