Fundraising for Indiana State University has increased 40 percent for fiscal 2018-2019. The Division of University Advancement says it raised nearly $8.9 million for the year that ended June 30. The fundraising includes cash and in-kind gifts, pledges and planned gifts, which amount to a $2.5 million increase over the previous year.
The number of donors also increased by 16-percent with 7,582 contributors. “I am pleased with our fundraising efforts for this fiscal year. We have made meaningful progress in growing philanthropy for our university,” said Andrea Angel, vice president for University Advancement and CEO of the ISU Foundation. “Our fundraising priorities, like the Bridge the Gap Scholarship, are truly resonating with our donors and alumni and making a difference for our students."
Over $400,000 was raised to help the Bridge the Gap Endowed Scholarship fund, with alumna Jo Einstandig’s $250,000 pledge leading the way. The first day of giving on March 13 saw nearly 1,700 donors, including 252 students, contribute over $436,000, making it the largest single-day fundraiser in school history.