The results, announced by President Jolene Koester, also were significant because they enabled the university for the first time to meet its Cal State University system goal for fundraising. That means the campus raised funds equaling 10 percent of its state general fund support from the prior year.
"This is a very significant accomplishment for the campus and one that sets the tone for our future efforts in garnering private support," President Koester said of the year-end fundraising tally. She called the outcome a credit to the hard work of the entire campus, led by the University Advanceament Division.
The university's $14.3 million fundraising total for the past fiscal year consists of record donations totaling $12.3 million, plus nearly $2 million in interest and endowment income and sponsorships. CSUN's fundraising goal for the year, set by the CSU Board of Trustees, was $14.1 million.
Just in contributions alone, CSUN's $12.3 million amount for 2000-2001 nearly equaled the contribution totals from the prior two years combined. The university's prior annual contribution totals were nearly $7.8 million during 1999-2000 and $5 million during 1998-1999.
In its most successful fundraising year ever, CSUN made progress on several fronts. The university and its Foundation board concluded the CSUN Rising fundraising campaign by exceeding its $10 million, multi-year goal. The campaign helped provide state-of-the-art equipment and facilities to buildings restored after the 1994 Northridge earthquake.
Corporate support for the campus reached an historic high of $7.5 million. For example, the university's largest gift of the past year came from Cadence Design Systems, a nearly $3.9 million in-kind donation of software to the Electrical and Computer Engineering Department's senior design program.
CSUN's second largest gift was a more than $700,000 charitable remainder trust from Mulford and Pat Nobbs, owners of Jeunique International Inc. The gift enabled the new Nobbs Auditorium (right)for the university's nationally recognized Marilyn Magaram Center for Food Science, Nutrition and Dietetics.
The third largest gift was $600,000 from the W. M. Keck Foundation of Los Angeles to support the establishment of a Materials Science Research Center. The center is an interdisciplinary effort by the College of Engineering and Computer Science and the College of Science and Mathematics.
The university also had a 28 percent increase in its number of $1,000 or greater donors. That group donated nearly $1.5 million, a 92 percent increase over the prior year. CSUN also had its first complete year of offering a fully functional planned giving program.
"Together, we have demonstrated that our Cal State Northridge 'story' is compelling to members of our community," President Koester said. "We should take this opportunity to celebrate our success, and rededicate ourselves to building on that success in the future."
@csun | August 27, 2001 issue
Public Relations | University Advancement
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