February 12, 2001 Vol. V, No. 10

CSUN Posts Nearly 55 Percent Fund-Raising Increase

Combined Fund Raising and Other Revenues Also Produce Largest External Support Total in Campus History

Fund-raising contributions to the university grew from about $5 million during 1998-1999 to $7,776,289 during 1999-2000, an increase of $2,753,030 or 54.8 percent. Support for the university's $11 million-goal CSUN Rising capital initiative helped boost the fund-raising totals.

In addition to fund raising, CSUN also tallied $13,767,700 in so-called special revenue-such as grants, contracts and endowment income-during the 1999-2000 year. The contributions and external support together tallied to the $21.5 million in total external support, the highest-ever university total.

"With a lot of hard work by many people, Cal State Northridge has created the solid foundations of a successful fund-raising program," said Dick Tyler, the university's interim vice president for university advancement. "The success of the past year should be the model for our future achievements."

Major components of last year's $7.8 million fund-raising total included $2.9 million from corporations, $1.8 million from alumni and $1.7 million from foundations. The fund-raising tally for the year was the second highest ever behind 1997-1998, when large-value software donations boosted that year's total.

CSUN still has work ahead, though, to meet the Cal State University system's goal that each campus' yearly fund raising plus certain other revenues equal 10 percent of its net general fund budget. CSUN during 1999-2000 reached the 8.3 percent mark, or $11 million toward that year's $13.5 million goal.

Thus far during the current fiscal year, the trends are looking good. In the six months from July through December 2000, the university raised nearly $7.5 million in contributions, almost equaling the full-year tally for all of 1999-2000, said Murray Wood, CSUN's associate vice president of development.

That mean's this fiscal year's six-month fund-raising tally of nearly $7.5 million is 227 percent above the comparable $2.3 million figure for the same six-month period a year earlier. Corporate donations totaling $5.6 million accounted for the largest single component of the past six months performance.

@csun | February 12, 2001 issue
Public Relations | University Advancement
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