HeadlinesOctober 18, 2010
- Improving assessment
- Potter dredging turns up time capsules, trash and treasure
- School of Social Welfare lands $13 million grant to help improve lives of foster children
- Chancellors Club Research, Teaching Awards announced
- KU reaches record level in research expenditures
- Professor profile: The art of pronunciation
- Watkins offers flu shot clinics for employees
- 'Media Memes' exhibit takes collaborative approach to explore meaning of photos
- Giving to KU reaches record $110 million
- School of Business earns funding to support, expand programs with U.S. Army
- 'Generations Project' aims to improve services to families with at-risk children
- Researchers work to improve prevention of cancer among Latino, American Indian communities
- Shankel takes part in 10th version of cancer research conference born at KU
- Faculty, staff encouraged to help stock professional clothing closet for students
Giving to KU reaches record $110 million
For the third year in a row, contributions to KU Endowment reached a new record. Donors gave $110.2 million in fiscal year 2010, which ended June 30, a 3.6 percent increase over the previous year.
The $110.2 million came in the form of outright gifts and pledges. Donors documented an additional $10.3 million in deferred gifts, which will benefit KU in the future. The number of donors also reached a new record: 45,192.
According to Giving USA, an annual report on philanthropy, contributions to higher education declined by 3.6 percent nationally in calendar year 2009.
“This demonstrates the confidence alumni and friends have in KU,” said Dale Seuferling, president of KU Endowment. “We are thankful for their support of the university’s leadership in teaching and research and of the University of Kansas Hospital for its outstanding patient care.”
“In light of the uneven economic climate, our donors’ generosity is truly impressive,” said Kurt D. Watson, chair of the KU Endowment Board of Trustees. “Their contributions enabled us to make a powerful impact on KU that will last for generations.”
In fiscal year 2009, outright gifts and pledges to KU reached $106.4 million, a 13 percent increase over the previous year. In fiscal year 2008, contributions totaled $94 million, a 21 percent increase over the previous year.
Chancellor Bernadette Gray-Little said support from private donors is vital for the university to maintain its mission of access, service and leadership.
“With the funding challenges facing higher education in the state, support from private donors has become all the more critical for KU,” said Gray-Little. “Their generosity helps transform students’ lives and provides the resources for our faculty to excel in discovery and teaching.”
Highlights of giving in fiscal 2010 include
— 54 new scholarships, fellowships and awards, which provide opportunities for students
— Four new professorships, which help recruit and retain outstanding faculty
— 69 new endowed funds, which will benefit the university in perpetuity