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Kansas State University alumni and friends give $141.5 million for fiscal year 2015

Monday, July 20, 2015 


MANHATTAN — Philanthropic gifts and commitments by alumni, friends, parents, faculty, students and corporate partners of Kansas State University totaled $141.5 million in the fiscal year that ended June 30.

This level of philanthropic support marks the third most successful year in charitable giving in the more than 70-year history of the Kansas State University Foundation, and the fourth consecutive year fundraising has topped $100 million.

"The support of our alumni and friends is a resounding endorsement of the leadership of the university and future of Kansas State University," said retired Gen. Richard Myers, Arlington, Virginia, chairman of the KSU Foundation board of directors. "The K-State family continues to come together year after year in support of our great university, and I am excited for the bold future we will build together."

Of the $141.5 million total, 34 percent is available for the university's use immediately, while donors gave 66 percent through endowed gifts, pledges and deferred gifts, which will be utilized by the university at some point in the future.

"Increasingly, one of the most important funding sources for K-State are philanthropic dollars received through the KSU Foundation," said Greg Willems, president and CEO of KSU Foundation. "The foundation plays an essential role in the university's future by working with our generous alumni and friends to make a difference in the lives of our students, faculty and staff. This year's success validates that K-Staters understand that the difference between good universities and great universities is private support. The impact of these gifts will be felt throughout the academy and will fuel the inspiration and innovation needed to reach the university's goals, both in the near and long term."

One of the most notable aspects of this year's results was the $53 million in endowed gifts and commitments. Endowed gifts provide long-term funding for the purpose they support, including student scholarships and faculty chairs and professorships, and create a legacy for the donor. The growth of the Kansas State University endowment pool, managed by the KSU Foundation, also had a successful year, with the market value nearly hitting the $500 million mark.

"The university's endowment is a benchmark toward our goal of becoming a Top 50 public research university by 2025," said Kirk Schulz, Kansas State University president. "Achieving this important milestone is a credit to the many alumni and friends who seek to create a lasting difference in the success of the university and its capacity to serve future generations of K-Staters."

Other key philanthropic achievements for the 2015 fiscal year:
• 57,813 individuals made more than 80,550 gifts.
• Forty-nine percent of gifts came from Kansas State University alumni.
• Twenty-eight K-State families made gifts and commitments of $1 million or more.
• Gift commitments through estate planning, including wills, trusts and annuities reached an all-time high of $46 million.
• Gifts received through corporate matching gift programs reached an all-time high, with $965,192 given by 176 companies that matched one or more gifts from individuals.

In light of recent budget uncertainties in the state of Kansas, Schulz said that private support is increasingly important to Kansas State University.

"Less than 20 percent of the university's operating budget now comes from the state, and the remainder of the budget comes from three sources: tuition, grants and contracts, and private philanthropic support given through the KSU Foundation," Schulz said. "Philanthropic support by alumni and friends is critical to our success. I want to thank our generous donors for their commitment to the university's future."

Philanthropic contributions to the university are coordinated by the KSU Foundation. The foundation staff works with university partners to build lifelong relationships with alumni, friends, faculty, staff and students through involvement and investment in the university.


Giving totals for Kansas counties FY15

County

Number of Donors

Amount 

Allen                                  

88

$156,735.00

Anderson                               

54

$14,575.00

Atchison                               

99

$41,099.54

Barber                                 

52

$18,659.00

Barton                                 

310

$1,102,730.07

Bourbon                                

48

$10,142.42

Brown                                  

174

$2,212,645.43

Butler                                 

485

$461,928.25

Chase                                  

46

$6,705.00

Chautauqua                             

15

$2,635.00

Cherokee                               

26

$9,865.50

Cheyenne                               

30

$8,010.00

Clark                                  

69

$121,345.00

Clay                                   

254

$279,196.17

Cloud                                  

154

$288,006.50

Coffey                                 

87

$147,875.00

Comanche                               

27

$34,601.70

Cowley                                 

236

$120,695.00

Crawford                               

96

$26,210.00

Decatur                                

43

$46,860.41

Dickinson                              

456

$150,604.96

Doniphan                               

107

$141,657.00

Douglas                                

577

$1,115,653.30

Edwards                                

41

$29,810.00

Elk                                    

15

$3,521.25

Ellis                                  

243

$237,179.21

Ellsworth                              

99

$151,721.67

Finney                                 

347

$664,541.96

Ford                                   

192

$222,676.66

Franklin                               

197

$35,353.20

Geary                                  

381

$364,721.52

Gove                                   

46

$53,565.00

Graham                                 

21

$13,250.00

Grant                                  

49

$12,152.00

Gray                                   

90

$113,909.10

Greeley                                

23

$10,077.01

Greenwood                              

78

$63,570.00

Hamilton                               

21

$30,711.67

Harper                                 

48

$12,845.00

Harvey                                 

334

$763,212.30

Haskell                                

56

$31,112.00

Hodgeman                               

32

$12,964.00

Jackson                                

179

$46,238.80

Jefferson                              

149

$49,584.00

Jewell                                 

63

$27,305.66

Johnson                                

6118

$11,996,487.62

Kearny                                 

26

$69,615.00

Kingman                                

78

$120,311.18

Kiowa                                  

33

$7,302.00

Labette                                

83

$87,225.00

Lane                                   

44

$27,195.69

Leavenworth                            

347

$127,570.00

Lincoln                                

57

$25,182.50

Linn                                   

29

$4,565.00

Logan                                  

47

$111,587.37

Lyon                                    

189

$2,015,569.51

Marion                                 

113

$48,683.44

Marshall                               

296

$265,251.74

Mc Pherson                             

418

$218,414.76

Meade                                  

45

$8,687.50

Miami                                  

234

$101,617.00

Mitchell                               

186

$572,963.82

Montgomery                             

187

$51,464.00

Morris                                 

160

$264,568.00

Morton                                 

14

$739.00

Nemaha                                 

265

$324,456.10

Neosho                                 

134

$1,183,217.00

Ness                                   

70

$177,413.97

Norton                                 

49

$96,333.91

Osage                                  

155

$37,061.00

Osborne                                

67

$159,058.70

Ottawa                                 

113

$37,142.08

Pawnee                                  

93

$111,323.62

Phillips                               

88

$44,492.18

Pottawatomie                           

936

$588,564.59

Pratt                                  

160

$294,348.00

Rawlins                                

49

$8,007.00

Reno                                   

613

$486,840.36

Republic                               

135

$80,110.40

Rice                                   

142

$636,366.50

Riley                                  

6978

$16,575,776.22

Rooks                                  

55

$30,685.00

Rush                                   

26

$4,377.00

Russell                                

77

$53,454.45

Saline                                 

1059

$2,789,435.11

Scott                                  

115

$561,059.22

Sedgwick                               

2940

$12,635,188.86

Seward                                 

84

$92,606.66

Shawnee                                

2153

$5,915,811.11

Sheridan                                

34

$11,992.00

Sherman                                

70

$21,476.67

Smith                                  

51

$11,365.31

Stafford                               

69

$427,660.00

Stanton                                

20

$18,745.58

Stevens                                

40

$6,985.00

Sumner                                 

148

$180,855.28

Thomas                                 

128

$270,700.05

Trego                                  

29

$7,056.84

Wabaunsee                              

202

$98,258.82

Wallace                                

51

$5,720.00

Washington                             

145

$71,928.63

Wichita                                

37

$11,705.00

Wilson                                 

49

$43,896.03

Woodson                                

29

$11,690.00

Wyandotte                              

338

$137,930.68

Source

Greg Willems
785-532-7566
gregw@found.ksu.edu

Website

http://www.found.ksu.edu

Written by

Susan Berhow
785-532-7616 or 785-341-8044
susanb@found.ksu.edu

At a glance

The Kansas State University Foundation announces that philanthropic gifts and commitments by alumni, friends, parents, faculty, students and corporate partners of Kansas State University totaled $141.5 million in the fiscal year that ended June 30