Donations to KSU Foundation breaking records
Published: Aug. 22, 2017 at 1:26 PM CDT
K-State students should be celebrating as the KSU Foundation raised over $150 million during the 2017 fiscal year.
The foundation says this year's fundraising, which ended on June 30th, was the second most successful year in the university's history. Of the money raised, donors gave 41%, or almost $61 million, through endowed gifts, pledges and deferred gifts, which K-State says will help ensure the long-term prosperity of the school.
The university also says this fiscal year is the first year the endowment pool surpassed $500 million is assets for the first time. The KSU Foundation says total donations since its founding in 1944 surpassed the $2 billion milestone this fiscal year as well.