1. K-State home
  2. »DCM
  3. »K-State News
  4. »News
  5. »Kansas State University alumni and friends give $150.6 million for fiscal year 2016

K-State News

K-State News
Kansas State University
128 Dole Hall
1525 Mid-Campus Dr North
Manhattan, KS 66506

785-532-2535
785-532-7355 fax
media@k-state.edu

Kansas State University alumni and friends give $150.6 million for fiscal year 2016

Monday, Aug. 8, 2016

 

MANHATTAN — Philanthropic gifts and commitments by alumni, friends, parents, faculty, students and corporate partners of Kansas State University totaled $150.6 million in the fiscal year that ended June 30, 2016.

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 fifth consecutive year fundraising has topped $100 million. The conclusion of fiscal year 2016 marked $882 million in total multiyear gifts and commitments toward the $1 billion goal for K-State's Innovation and Inspiration Campaign.

"Generous, passionate alumni and friends continue to be a driving force behind the Innovation and Inspiration Campaign and K-State's 2025 vision," said Rand Berney, chairman of the KSU Foundation board of directors. "We are grateful for their dedication and look forward to a tremendous future as we elevate K-State to new heights together."

Of the $150.6 million raised in fiscal year 2016, 35 percent is available for the university's use immediately, while donors gave 65 percent through endowed gifts, pledges and deferred gifts, which will be utilized by the university at some point in the future.

"We are proud of the Wildcat family for uniting to carry the K-State banner high," said Greg Willems, president and CEO of the KSU Foundation. "These philanthropic dollars are absolutely essential to the success of Kansas State University and reflect the extraordinary partnership the KSU Foundation enjoys with donors. K-Staters are coming together through philanthropy to invest in the university's future."

One of the most notable aspects of this year's results was the $56.6 million in endowed gifts and commitments. Endowed gifts create a legacy for the donor by providing long-term funding for the purpose they support, such as student scholarships and faculty chairs and professorships.

"The endowment is a critical driver of becoming a Top 50 public research university by 2025, and endowed gifts make a lasting difference in our capacity to serve future generations of K-Staters," said Gen. Richard B. Myers, interim president of Kansas State University.

Other key philanthropic achievements for the 2016 fiscal year:
• 55,332 individuals made nearly 80,000 gifts.
• Fifty-one percent of dollars raised came from Kansas State University alumni.
• Twenty-five gifts and commitments were $1 million or more.
• Gift commitments through estate planning, including wills, trusts and annuities, reached an all-time high of $53.9 million.

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

"Gifts from alumni and friends are essential to our continued ability to support students, faculty and communities in the tradition of land-grant institutions,” Myers said. "We are so thankful for our generous donors and their commitment to K-State's mission."

Philanthropic contributions to the university are coordinated by the KSU Foundation, which is leading the Innovation and Inspiration Campaign for K-State. 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 fiscal year 2016, including county, number of donors and amount:

Allen, 88, $13,442
Anderson, 52, $17,760
Atchison, 106, $41,172.84
Barber, 50, $15,805
Barton, 328, $1,095,563
Bourbon, 52, $12,130
Brown, 174, $197,377.50
Butler, 522, $633,421.56
Chase, 53, $7,960
Chautauqua, 10, $2,535
Cherokee, 32, $4,829
Cheyenne, 33, $10,110
Clark, 45, $72,178.94
Clay, 245, $177,779.60
Cloud, 149, $169,220.50
Coffey, 107, $2,162,740
Comanche, 18, $4,126.68
Cowley, 197, $179,424.23
Crawford, 103, $31,210
Decatur, 43, $20,472.01
Dickinson, 407, $126,470.80
Doniphan, 98, $48,012
Douglas, 595, $880,648.66
Edwards, 54, $28,389
Elk, 18, $3,583.34
Ellis, 271, $500,412.26
Ellsworth, 95, $102,746.94
Finney, 395, $963,918.79
Ford, 208, $652,563.84
Franklin, 178, $40,958
Geary, 413, $219,273.67
Gove, 46, $141,670.49
Graham, 19, $15,170
Grant, 49, $73,587.12
Gray, 85, $485,503.89
Greeley, 20, $7,717.22
Greenwood, 75, $29,185
Hamilton, 17, $31,560
Harper, 46, $11,629.98
Harvey, 346, $334,272.07
Haskell, 57, $24,380.14
Hodgeman, 33, $12,622
Jackson, 141, $46,005
Jefferson, 150, $219,424
Jewell, 60, $43,560.85
Johnson, 6,276, $9,906,123.18
Kearny, 36, $73,579.99
Kingman, 79, $46,376.86
Kiowa, 27, $22,200
Labette, 76, $34,638.25
Lane, 33, $26,906.19
Leavenworth, 387, $662,281.50
Lincoln, 61, $21,100
Linn, 34, $3,505
Logan, 51 $65,411.32
Lyon, 212, $306,138.50
Marion, 113, $26,450
Marshall, 288, $182,774
McPherson, 420, $423,128.54
Meade, 38, $6,430
Miami, 229, $102,960
Mitchell, 181, $198,206.25
Montgomery, 145, $53,813.25
Morris, 149, $99,563.86
Morton, 17, $775
Nemaha, 242, $313,567.54
Neosho, 80, $73,670
Ness, 64, $2,124,666
Norton, 47, $24,295.91
Osage, 137, $42,003
Osborne, 65, $540,000
Ottawa, 114, $37,210.58
Pawnee, 74, $96,511
Phillips, 106, $36,469.07
Pottawatomie, 999, $708,013
Pratt, 139, $327,271.71
Rawlins, 35, $4,665
Reno, 543, $519,155.51
Republic, 129, $98,410
Rice, 118, $74,352
Riley, 7,152, $18,607,445.52
Rooks, 40, $10,754
Rush, 30, $37,765
Russell, 76, $61,072.56
Saline, 1,059, $1,718,669.21
Scott, 114, $241,045.76
Sedgwick, 2,982, $5,385,138.36
Seward, 79, $77,985.59
Shawnee, 2,139, $4,753,919.57
Sheridan, 34, $243,557
Sherman, 57, $27,801.66
Smith, 44, $10,882
Stafford, 60, $136,418
Stanton, 48, $21,095
Stevens, 40, $3,879.50
Sumner, 148, $73,940
Thomas, 140, $141,564.27
Trego, 24, $6,738.16
Wabaunsee, 171, $57,028
Wallace, 33, $4,730
Washington, 147, $111,167
Wichita, 41, $8,500
Wilson, 45, $14,425
Woodson, 12, $11,305
Wyandotte, 349, $7,254,019.11



Source

Greg Willems
785-532-7534
gregw@found.ksu.edu

Website

KSU Foundation

Written by

Hayli Morrison
785-532-7576 or 785-473-3322
haylim@found.ksu.edu

At a glance

With $150.6 million in philanthropic gifts and contributions, fiscal year 2016 was the third most successful year in charitable giving in the more than 70-year history of the KSU Foundation. It also was the fifth consecutive year fundraising topped $100 million.

Notable quote

"We are proud of the Wildcat family for uniting to carry the K-State banner high. These philanthropic dollars are absolutely essential to the success of Kansas State University and reflect the extraordinary partnership the KSU Foundation enjoys with donors. K-Staters are coming together through philanthropy to invest in the university's future."

— Greg Willems, president and CEO of the KSU Foundation.