K-State Foundation Raises Record Amount
Associated Press - Tue 10:29 AM 07/17/2012
The Kansas State University Foundation raised a record amount during the last fiscal year.
Foundation officials say the foundation received $121 million in the fiscal year that ended June 30. That beats the previous record of $107 million the 2011 fiscal year.
Curt Frasier, chairman of the KSU Foundation board of directors, said 51,400 donors contributed this year, an increase from 44,700 donors last fiscal year.
The Manhattan Mercury reports that $76 million of the total was outright gifts and $45 million was pledges and deferred gifts.
The foundation received 13 gifts or commitments of $1 million or more, and established 92 new scholarships and four professorships or chairs.