Inside Iowa State
July 17, 1998
ISU Foundation repeats $100 million fund-raising year
by Dalene Abner, ISU Foundation
Spurred by a record-breaking number of donors giving $1 million or more, the ISU Foundation has exceeded $100 million in private gifts for the second year in a row.
In the 12-month period ending June 30, private support reached $103,533,618. That figure includes all gifts received, new pledges and deferred commitments. The previous high, reached last year, was $100,083,453.
"A second $100 million year in a row speaks to the commitment our alumni, friends, faculty and staff have to Iowa State University," said President Martin Jischke. "This extraordinary support has played a role in every major achievement of this university."
Two other fund-raising records fell during the year. Total receipts, the funds available for immediate use or investment, grew from $35.7 million the previous year to $59 million. Total donors reached 49,918, up from the 48,599 who contributed the previous year.
A key factor to the year's success was the record number of individuals, corporations, and foundations providing gifts of $1 million or more during the year. Gifts included:
- A $9 million gift from Diane and Bob Greenlee of
Boulder, Colo., to transform the journalism and communication
program into the university's first named school -- the
Greenlee School of Journalism and Communication.
- A second $5 million gift from Lied Foundation Trust and
its trustee, Christina Hixson, of Las Vegas, Nev. The gift
for the Christina Hixson Opportunity Awards Program means
fully funded four-year awards for the program's students.
- A gift of $2 million from Bobbi and Roy Reiman of
Greendale, Wis. Building on projects initiated by their
previous support, the gifts establish lectureship and
scholarship programs in entrepreneurship, and a children's
garden and endowment for the Reiman Gardens.
- More than $1 million from Pioneer Hi-Bred International
Inc., to fund, among other projects, a chair of science and
technology policy. The endowed chair will be part of the
Global Center for Agricultural Development (GCARD), a
proposed extension of CARD, considered one of the country's
leading university-based public policy research
institutes.
- A $1 million gift from the W.K. Kellogg Foundation,
combined with a $500,000 gift from the Wallace Genetic
Foundation, establishing the Henry A. Wallace Chair in
Sustainable Agriculture.
- A $1.2 million gift from the W.M. Keck Foundation, Los
Angeles. The first-time gift to Iowa State is funding the
Laboratory for the Fabrication of Microminiaturized
Analytical Instrumentation. The new lab will allow
researchers to transform analytical instruments into very
small devices.
- More than $1.7 million from the Roy J. Carver
Foundation, Muscatine. Carver Foundation gifts helped launch
construction of Stanley and Helen Howe Hall, phase one of the
Engineering Teaching and Research Complex. Subsequent gifts
are helping launch the High-Speed Communications Circuit
Laboratory, a College of Engineering experimental integrated
circuit design and testing facility; and the Center for
Biological Scanning Probe and Laser-Based Microscopy, a
research and educational program. Other Carver Foundation
gifts have benefited the library and provided undergraduate
scholarships.
Another contributor to the record-setting year was a record- setting annual giving program, Mitchell said. Through telemarketing, the foundation reached 86,787 donors whose average gift increased by $5, to $150. Giving to the Greater University Fund for Excellence also reached a new high, increasing 9 percent to more than $1.1 million.
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