Media contact: Pat Lopes Harris, 408-924-1748
SAN JOSE, CA – Individuals, foundations and corporations made more than $31 million in gift commitments to the university during the fiscal year that ended June 30, 2014, demonstrating heightened support for philanthropic giving to San Jose State.
“This shows tremendous progress in our efforts to build a culture of philanthropy supporting students and the faculty at San Jose State,” President Mohammad Qayoumi said. “We are grateful to the university community for participating in our fundraising efforts.”
Available This Year
Approximately $22.6 million will be available this year to support student scholarships, innovative programs and facility improvements. Additional funds will supplement the university’s endowment, now valued at more than $120 million. The endowment ensures long-term continuity and sustainability of programs funded by donors.
In 2013, San Jose State completed its first-ever comprehensive fundraising campaign, “Acceleration: The Campaign for San Jose State.” The university received over $208 million from individuals, corporations and foundations. Before the campaign, the university raised approximately $10 million annually. Afterward, the sum more than tripled.
Supporting Our Students and Faculty
“The campaign showed our many supporters the value of investing in our students and the faculty,” Vice President of University Advancement Rebecca Dukes said. “We would like to express our gratitude to everyone who continues to take our message and mission to heart.”
For the $31 million raised last year, individuals gave $24 million. Corporations and foundations provided $7 million. More than $19 million came through planned giving, which includes giving through financial and estate plans. The gifts benefit all of SJSU’s colleges and many programs.
San Jose State — Silicon Valley’s largest institution of higher learning with 30,000 students and 3,740 employees — is part of the California State University system. SJSU’s 154-acre downtown campus anchors the nation’s 10th largest city