Voluntary support of the California State
University reached the quarter-billion dollar mark in 2001/2002—an
all-time high for the 23-campus system. Despite the challenges
of a weakened economy, fundraising income totaled $257.2 million,
exceeding the previous year’s figures.
This strong show of support by a broad donor base of alumni,
corporations, foundations and friends is testimony to the
value of the CSU’s mission—to provide high-quality
university education to meet the ever-changing needs of the
people of California. This support will benefit the CSU’s
institutions in significant ways. More than half of the funds
raised will be used for operations to offset reduced budgets
and sizeable state cutbacks. This support will help sustain
the quality of academic programs that has characterized the
CSU as a leading institution.Nearly a quarter of the funds
raised this past year went to support capital projects including
building campaigns and the purchase of new equipment.
Nearly every giving category reported increases in support.
Corporate donations reached a record high, surpassing $100
million for the first time. Foundation giving and giving from
other supporting organizations increased as well. Funds generated
this year that were designated for endowment grew to over
$44 million, more than compensating for any investment losses
that might have depleted these critical funds and maintaining
the sustained growth trend of CSU endowed funds.
The sustained confidence of individual donors including
alumni, parents and friends of the CSU was important to the
success of our programs this year. Although cash and outright
gifts from individuals declined, deferred gifts and pledges
increased substantially ensuring a sustained level of support
into the future.
Clearly, the investment the CSU has made in its fundraising
and development programs over the last 10 years is producing
benefits across the board. The strong relationships formed
by each campus with its faculty and staff, its community and
business partners, and a growing number of alumni and friends
attest to advancement programs that continue to mature and
produce significant successes. These relationships have formed
the basis for the solicitation of increasing number of major
gifts, annual gifts, alumni memberships and campaign pledges.
The strong showing in fundraising during 2001/2002 is a
clear validation of the important work the CSU is doing in
achieving its academic mission—to educate the workforce
of California; to train tomorrow’s teachers, nurses,
engineers, artists and professionals; and to provide access
to a high-quality education for California’s students.
Now, more than ever, advancement programs are providing turnkey
support for the innovative programs and partnerships that
give the CSU a national reputation for excellence in higher