Fundraising efforts at CSULB yielded more than $27.3 million during the 2006-07 fiscal year, an increase of 35.3 percent over the previous year, university officials announced. The year-end total as of June 30 was $27,323,207, which exceeded the campus' previous year total of $20.2 million.
"The reputation of Cal State Long Beach, our extraordinary alumni and the community's belief in the university's mission are key factors to our successful year," said Andrea Taylor, vice president for University Relations and Development. "By building relationships with alumni and community members and by raising awareness of nationally acclaimed educational opportunities, we were pleased to see increases in the number of dollars and in the number of gift transactions."
The total number of gift transactions for the year increased by 8.2 percent over the 2005-06 gifts. As part of that increase, CSULB experienced a 7 percent increase in the number of alumni donors and a 31 percent increase in the number of parent donors.
In addition to the overall fundraising increases, the university's endowment also grew by $5.7 million during the last year, the largest one-year increase in the history of the university. CSULB's endowment currently exceeds $35 million and has increased more than 30 percent during the last two years.
"We have spent a great deal of time and effort on building our university's endowment over the last two years," explained CSULB President F. King Alexander, "and our commitment to this important campus priority will only intensify in the years to come."
Additionally, the university continued its long-running tradition of garnering support from various foundations for a wide variety of academic- and community-oriented programs. Leading the way was the Bernard Osher Foundation, which gave CSULB a $998,467 gift and another $100,000 grant. The funds were dedicated to the campus' lifelong learning institute that offers a wide variety of courses of interest to persons 50 years of age and older.
The campus also received three grants totaling more than $400,000 from the Freeman Foundation to support qualified Chinese teachers in the schools and a National Center for Asia in Teacher Preparation. The John and James L. Knight Foundation awarded CSULB a $150,000 grant in support of the Reach Knight Project.
"There is strong evidence that our donors have trust in our academic programs and in our commitment to student success," Taylor noted. "We are very grateful for their generous support. It assures a bright future for Cal State Long Beach."
In addition to the fundraising improvements, President Alexander noted a number of highlights and milestones of the past academic year, including:
- the largest graduating class in the university's 58-year history with 9,600 degrees and credentials conferred in 2006-07, including a large representation of minority and underrepresented students.
- passage of a student referendum approving a new $70 million Student Recreation and Wellness Center on the campus. Slated to open in fall 2010, the center will be a 125,000-square-foot facility with fitness and wellness programs, aerobic classrooms, state-of-the-art weight training and cardio equipment rooms, basketball, volleyball and racquet courts. Construction is set to begin in 2009.
- CSULB began offering the CSU system's first stand alone doctoral degree this summer which currently enrolls more than 30 graduated students pursuing degrees in school and community college leadership and administration.
- this past year CSULB received its largest student application pool as more than 65,000 students applied for fall 2007 enrollment at the university.
- for the third consecutive year, CSULB was ranked third among the top master's universities in the west and the nation by U.S. News and World Report.
- construction on campus included completion of the first phase of the $31 million renovation of the University Library. Phase I improvements primarily impacted the lower level and first floor of the library and include a new Media/Reserve/ Current Periodicals desk, an enhanced Circulation Desk, a new Spidell Information Commons and a Starbucks Coffee shop.