Georgia State University issued the following announcement on July 22.
Georgia State University set a one-year fundraising record of $66.7 million in the fiscal year that ended June 30.
More than 10,000 donors contributed during the year and helped the university surpass its previous one-year fundraising record of $51.2 million set in 2017.
“Our remarkable fundraising success in a pandemic year can be directly attributed to the generosity of our supporters – individual donors, as well as our corporate and foundation partners,” said Jay Kahn, vice president of advancement and president of the Georgia State Foundation. “We’re grateful for their trust in The State Way and the importance they place on Georgia State’s institution-wide commitment to serving the diverse needs of our more than 54,000 students.”
Thanks to donor contributions, Georgia State was able to provide nearly 2,800 hardship grants to students to help them with food and housing insecurity, tuition shortfalls, transportation issues and other necessities brought on or exacerbated by the COVID-19 health crisis. The payments help students overcome significant financial obstacles and stay on their degree paths.
Other giving highlights include major gifts from the Woodruff Foundation, Truist Foundation, Kresge Foundation and the A. James & Alice B. Clark Foundation to the National Institute for Student Success and the Student Success Center building project. Constructed by adaptive reuse of the historic Southern Bell Telephone Company buildings at 25-27 Auburn Ave., the Student Success Center will contain a one-stop hub for the university’s nationally recognized student success services and the headquarters for the National Institute for Student Success.
Donors also took advantage of the Georgia State Foundation’s The State Way Match program to establish 44 endowed scholarships last fiscal year. Created to boost endowed scholarships at Georgia State, The State Way Match offered dollar-for-dollar matching funds from a $10 million pool allocated by the Foundation.
For more information on giving to Georgia State, visit giving.gsu.edu. Learn more about the National Institute for Student Success at success.gsu.edu/niss and the Student Success Center at giving.gsu.edu/student-success-center/.
Original source can be found here.
Source: Georgia State University
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