Giving to the University Reaches Nearly $32 Million for 2008-09Published: September 1, 2009
Officials at CSULB are pleased with their fundraising efforts during the 2008-09 academic year, which ended on June 30, especially in light of the state and national economic situation during those 12 months.
While the final numbers won’t be official for another month, the preliminary year-end total is about $31,990,000. It is the second-highest fundraising total in CSULB history, second only to last year’s yield of nearly $34 million.
“Despite the challenges of our national and statewide economy, we are very pleased to see that our alumni and friends have continued to support this great university and our wonderful students,” said CSULB President F. King Alexander. “We are extremely grateful for their contributions and gifts that are proving invaluable at this period in our history.”
Leading the way and accounting for nearly a third of the campus’ fundraising efforts in 2008-09 were a pair of anonymous $5 million gifts to the university, one of which is a bequest that will establish a scholarship endowment for business students.
In the individual giving category, which accounted for 63.5 percent of the past year’s funds, Barbara and Ray Alpert started the year off on a strong note with their $1 million donation to the CSULB Jewish Studies Program, which named an endowed chair in perpetuity–the Barbara and Ray Alpert Endowed Chair in Jewish Studies.
“The economy has really been in a slump over the last two years, and those economic struggles have had a serious effect on non-profit fundraising across the United States,” noted Andrea Taylor, CSULB’s vice president for University Relations and Development. “Despite the economic situation, however, donors have continued to step up and stand by Cal State Long Beach and support us during this difficult time. Much of that success is a direct result of the trust and belief that donors have in the campus’ academic programs and commitment to student success.”
CSULB continued to receive solid support from corporate and organization foundations in the form of grants for a wide variety of academic programs. One example was the $1 million grant from the Bernard Osher Foundation through its Osher Reentry Scholarship Program, which provides scholarship support for students pursuing their first baccalaureate degree after a significant break in their studies.
The campus also received a $1.2 million grant from the Institute of International Education for the campus’ Strategic Learning Initiative, an intensive and highly demanding program that integrates language learning with academic majors for career opportunities in government and industry professions.
“We are certainly grateful for the continued, generous support of these individuals and organizations,” Taylor concluded. “Their contributions go a long way toward enhancing academic programs and assisting students in need. Our fundraising efforts help assure a brighter future for Cal State Long Beach and the students we serve.”