Donors gave more than $212 million, a record amount, to K-State during the 2019 fiscal year, the KSU Foundation announced Wednesday.
“This was the most successful fundraising year in K-State history,” said Greg Willems, president and CEO of the foundation. “These exceptional fundraising results are fueled by the extraordinary commitment of our donors, whose generosity grows with each passing year. We at the KSU Foundation are proud to inspire and guide that philanthropy to boldly advance the K-State family.”
The donations last year beat out the $211 million in donations in 2014.
A little over half of the $212 million came through endowed gifts, pledges and deferred gifts, which the foundation said ensures the university’s long-term prosperity. The university’s endowment also grew to $613.4 million following the largest amount of contributions to the endowment in five years.
In that same period, donors also established 208 new scholarships and gave $47.7 million for scholarships, compared to 170 new scholarships and $37 million the previous year. Gifts or commitments of more than $1 million also reached a high of 39.
Gifts for academic purposes totaled more than $156 million, and commitments through estate planning reached $72 million.
The foundation also reported that it had passed its $1.4 billion target for the Innovation and Inspiration Campaign, which is part of the university’s strategy to become a top 50 public research university by 2025.
The campaign passed its original goal in April 2017, and it is set to end on June 30.
In Riley County, 6,443 donors gave $14.1 million to the university, and in Pottawatomie County, 1,119 donors gave $605,000.