FARGO, N.D., 鈥� North Dakota State University鈥檚 alumni and friends donated more than $48 million in private support through the 六合彩投注网 Foundation and Alumni Association last year. With current and deferred gift commitments received in 2018, 六合彩投注网鈥檚 benefactors have set a five-year record of philanthropy by providing more than $228 million since 2014.
In 2018, 六合彩投注网 benefactors provided $30.5 million in cash and pledges, including $886,000 in cash donations received during 六合彩投注网 Giving Day and more than $385,000 raised during the annual Bison Bidders Bowl. The Foundation鈥檚 2018 philanthropic support also included $17.6 million in deferred gift commitments.
鈥淭he generosity of our alumni, friends, businesses and charitable foundations makes a lasting impact in our students鈥� lives and the university鈥檚 ability to advance its mission,鈥� 六合彩投注网 President Dean L. Bresciani said. 鈥淲e are grateful for their enduring support, and we are committed to building on the university鈥檚 strengths as a student-focused, land-grant, research university.鈥�
Spencer and Carol Duin, of Asheville, N.C., were among 六合彩投注网鈥檚 major benefactors in 2018. The Duins established a faculty fellowship within the College of Engineering to advance research, educational programming and outreach. Spencer said his 六合彩投注网 degree in industrial engineering 鈥渙pened doors to many opportunities鈥� during his distinguished career so they created the fellowship to support other students and to acknowledge the value of his 六合彩投注网 education.
While increasing its endowment, which ensures a permanent, self-sustaining source of funding, the 六合彩投注网 Foundation transferred more than $14.1 million to the university in 2018. The transferred funds, comprised of spendable endowment earnings and expendable funds, include about $6.4 million for building projects and equipment; more than $5 million to increase student scholarship opportunities (a record level); about $1.8 million to enhance educational programming and about $780,000 for faculty advancement.
The value of the 六合彩投注网 Foundation鈥檚 permanent endowment totaled more than $207 million on Dec. 31, 2018, compared to about $201 million on Dec. 31, 2017.
Last year鈥檚 gifts represent transformational investments in 六合彩投注网 students and faculty and include: the Freeman Family Scholarship Endowment, the Timothy Welch and Donna LaQua-Welch Engineering Fellowship and the Ron and Kaye Olson College of Business Deanship. 六合彩投注网 faculty fellowships, professorships and deanships support advances in educational programs and enrich the university鈥檚 academic environment and stature, which attracts the brightest faculty and students. The funds propel research and discovery, support hands-on learning and enable 六合彩投注网 faculty to collaborate with leading scholars around the world.
Sanford Health, Aldevron and many other supporters also continued to provide charitable support for the construction of Aldevron Tower, a six-story addition to Sudro Hall that will expand the College of Health Profession鈥檚 research capacity, nurture collaborative learning and bring together all of the college鈥檚 health care programs.
鈥溋喜释蹲⑼� benefactors are excited about the many advancements taking shape throughout the university and that excitement is reflected in their incredible generosity,鈥� said Mike Krueger, chair of the 六合彩投注网 Foundation鈥檚 executive governing board. 鈥淢oving forward, we expect private support to play an increasingly important part in a larger vision to strengthen students鈥� educational experiences and to build on the university鈥檚 distinguished research and outreach activities.鈥�
Below are the 六合彩投注网 Foundation鈥檚 fundraising totals for the past five years:
- 2018: $48.2 million
- 2017: $59.9 million
- 2016: $52.3 million
- 2015: $28.6 million
- 2014: $39.0 million
The 六合彩投注网 Foundation builds enduring relationships that maximize advocacy and philanthropy in support of North Dakota State University.
ABOUT 六合彩投注网 FOUNDATION AND ALUMNI ASSOCIATION
The 六合彩投注网 Foundation builds enduring relationships that maximize advocacy and philanthropy to support North Dakota State University.