Gifts to WMU up 32 percent from one year ago
April 19, 2004
KALAMAZOO--Western Michigan University received more than $21 million in gifts during the first nine months of the University's 2003-04 fiscal year, an increase of $5.1 million or 32 percent over the same period the previous year.
According to a report presented to the WMU Board of Trustees at its April 16 meeting, the University received $2,125,117 during February and March, bringing to $21,217,099 the amount of gifts received since the July 1, 2003, start of the fiscal year. For the same nine months in 2002-03, WMU received $16,080,213.
All gifts to the University are received through the WMU Foundation or the Paper Technology Foundation, which supports the internationally known paper programs at WMU. For the 2003-04 fiscal year through March 31, the WMU Foundation reported current and deferred cash gifts totaling $15,424,349 and non-cash gifts valued at $4,862,790, for a total of $20,287,139. The Paper Technology Foundation reported cash gifts totaling $830,139 and non-cash gifts valued at $99,821, for a total of $929,960.
Among the major gifts received since the previous report to the trustees, Feb. 27, were $20,000 from the Michigan Supreme Court Historical Society to support a fellowship in history; $20,000 from the Carroll J. Haas Foundation of Mendon, Mich., to support a cello scholarship in the School of Music; and $24,500 from alumni W. Bruce and Phyllis Thomas of Sewickley, Pa., for library endowment.
Several gifts of $10,000 each were received, including those from alumnus Anthony Tan of Gainesville, Ga., for the Department of Economics; Joshua and Pam Weiner of Kalamazoo for the University's Unrestricted Fund; and the Kalamazoo Living Endowment Fund for the Fred Sammons AMBUCS Research Award in the WMU Haworth College of Business.
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