KSU reports record amount of giving to university; KU officials say numbers not available yet
Kansas State University officials say the struggling economy has not hurt gifts to the school’s foundation.
The university said in a news release Monday that it received a record $107 million in contributions to the KSU Foundation in the last fiscal year. More than 44,500 alumni and others contributed during the last fiscal year.
The previous record was $99.5 million in fiscal 2008.
Of the $107 million, $67 million was in cash, real estate or appreciated securities. The other $40 million was pledges and deferred gifts, which the university will receive at a later date.
The university received four gifts of $5 million or more and nine gifts between $1 million and $5 million.
Rosita Elizalde-McCoy, senior vice president for communications and marketing at the Kansas University Endowment Association, said Monday that figures for KU hadn’t been tallied yet.
She said they would be available later this summer.