Year-end gifts boost total to more than $18 million
March 1, 2004
KALAMAZOO--Western Michigan University received more than
$18.3 million in gifts during the first seven months of the University's
2003-04 fiscal year, an increase of nearly
$4 million or 21 percent over the same period the previous year.
According to a report presented to the WMU Board of Trustees at its Feb. 27 meeting, the University received $18,333,458 in gifts between July 1, 2003, and Jan. 31, 2004. For the same seven months one year ago, WMU received $14,393,644. For the entire 2002-03 fiscal year, the University had $19.4 million in gifts.
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 Jan. 31, the WMU Foundation reported current and deferred cash gifts totaling $13,299,232 and non-cash gifts valued at $4,389,531, for a total of $17,688,763. The Paper Technology Foundation reported cash gifts totaling $554,974 and non-cash gifts valued at $89,721, for a total of $644,695.
Among the major gifts received since the previous report to the trustees Dec. 12 were unrestricted gifts of $25,000 from DaimlerChrylser Corp., $20,000 from Pfizer Inc. and $20,000 from an anonymous donor. Other anonymous donors contributed $15,000 to fund a visiting artist/professor in the Department of Theatre for fall semester 2004 and $25,000 for the VanBuren Scholarship in the Department of Paper Engineering, Chemical Engineering and Imaging.
WMU alumna Beverly J. Jevert of Portage, Mich., contributed $10,000 to the Joseph Arthur Jevert Memorial Fund, which supports intercollegiate athletics. The fund is named for her husband, also a WMU graduate, who died in June 2003.
Media contact: Thom Myers, 269 387-8400, thom.myers@wmich.edu
