Home » NEWS » Education » MSU sees new record in private gifts, pledges

MSU sees new record in private gifts, pledges

STARKVILLE — Mississippi State University is announcing a new milestone of $80.3 million in outright private gifts and pledges of future support during the just-ended fiscal year.

A 23 percent increase from FY 10, the record number represents the highest single-year giving total in the university’s 133-year history.

John P. Rush, vice president for development and alumni, said the MSU Foundation, for the first time in school history, received gifts exceeding $60 million for the previous two consecutive years (FY 2009 and 2010), making this past year’s level of support truly remarkable.

For FY 11, the percentage of contributing alumni reached 18 percent, which ranks above several major peer institutions in the measure of support among former students.

Rush credited “StatePride,” the current initiative for student scholarships and faculty support, as being “a catalyst for fundraising progress,” also observing that growth in funds immediately available from “StatePride” and growth in the overall endowment were positive factors from FY 11.

Source: MSU

About MBJ Staff

Leave a Reply

Your email address will not be published. Required fields are marked *