PSu Magazine Winter 2002

From the PSU Foundation Board President On behalf of the Foundation board 1 thank all of PSU's friends for making this another year of stellar growth in private 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 community impact and academic excellence. PSU and the Foundation benefited from the generosity of its alumni and friends, together with the increased recogni– tion of the University within and beyond our region. ♦ Over $10.2 million in contributions and grants were received during 2000-2001; this was the largest amount ever received in the Foundation's history. ♦ Scholarship awards increased nearly 40 percent from $941,280 to $1.3 million as of June 30, 2001. • Support of academic programs and capital improvements in the colleges and schools within PSU was over $3.8 million for the year ending June 30, 2001. ♦ Total assets increased nearly 14 percent to $27.5 million as of June 30, 2001. The Foundation's Board of Directors is a diverse group of community and business leaders who volunteer their Lime helping lead PSU Lo greater prominence, stature, and service to our community. 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. £ 1~ President, PSU Foundation Board PSU Foundation 2001 Revenues by Source Restricted expendable gifts ($6,449,063) Unrestricted contributions ($578,948) Endowment gifts ($2,665.413) $30M $25M $20M $15M $10M $SM $OM Portland State University Total Gifts and Pledges 1998-2001 98-99 99-00 00-01 PSU Foundation Asset Growth 1998-2001 I I I I I I I I I I I '98 '99 '00 PSU Foundation - In-Kind University Gifts - Foundation Gifts '01 2001 Grants and Expenses by Function Capital projects ($887,530) Scholarships ($1,318,943) Fundraising ($113,505) Foundation administration ($884,691) Academic program support ($2,976,699) For additional details regarding PSU Foundation financial information, please contact Philip Varnum, chief administrative officer, at 503-725-5881.