July 1 officially marked the end of the best fundraising year Oregon State University has ever seen. Donors to The Campaign for OSU committed more than $126 million in fiscal year 2008, nearly $50 million more than the previous record of $78.3 million set in 2006.
Alumni, faculty/staff, and other friends have contributed more than $431 million toward the $625 million goal since the campaign began in 2004. This represents 171,000 commitments from more than 44,000 households.
The success includes significant progress on key priorities including $67 million toward a goal of $100 million for scholarships and fellowships.
The campaign has also brought more than $135 million in new gifts for the endowment. Since endowed funds are invested to generate earnings over time, strengthening the endowment means a better financial picture for the university over the long term.
As the first comprehensive fundraising effort in university history, The Campaign for OSU has fundraising targets for nearly every unit and college, and many made significant progress toward their individual goals. Five units are currently at 75 percent or more of their entire campaign goal: the College of Agricultural Sciences, College of Education, the Linus Pauling Institute, College of Oceanic and Atmospheric Sciences, and the College of Veterinary Medicine.
For more information about the campaign, visit campaignforosu.org.