MSU private donations top $100 million four years running

For the fourth consecutive year, Mississippi State University has topped the $100 million mark in private gifts. (Photo by Megan Bean, MSU)
By: 
CHARLIE BENTON
Staff Writer

For a fourth consecutive fiscal year, the Mississippi State University Foundation has received more than $100 million in private gifts, making 2017 the second-highest year on record.

The foundation’s fiscal year 2017 contributions came to more than $108.6 million. This sum is more than last year’s $103.2 million, but is $1 million shy of 2015’s total of $109.6 million. For fiscal year 2014, the total was $106.2 million.

For fiscal year 2017, new gifts accounted for just less than $50 million, and new pledges totaled more than $34.4 million. Deferred gifts made up the remainder at more than $24.2 million. Overall, 23,625 alumni, friends, corporations and foundations contributed.

“It means that our alums and supporters have great faith in not only what Mississippi State is doing for its students, but what it’s doing for the state of Mississippi,” said MSU Vice President of the Division of Development and Alumni John Rush.

Rush, who also serves as president and CEO of the MSU Foundation, said the continued giving represented a positive trend, and that he had faith that donors would continue to come through.

“It goes back to the majority of our donors are alums, and they realize what MSU did for them,” Rush said. “They want future MSU grads to have the same opportunities they did for success.”

Rush said the increased donations have given the foundation the opportunity to increase its scholarships, put money toward the rebuilding of Dudy Noble Field, endow a faculty position in the MSU College of Education and endow a chair for cyber-security studies.

“Private gifts have become crucial to maintaining excellence and achieving growth, and we gratefully acknowledge the impact of this generous outpouring of support,” said MSU President Mark E. Keenum. “This strong giving year creates further momentum for our Infinite Impact capital campaign and demonstrates the confidence our MSU family has in our accomplishments and plans for the future.”

The foundation’s Infinite Impact campaign is the largest such campaign in the history of the state of Mississippi, with a goal of $1 billion by 2020. Infinite Impact currently stands close to $753 million.

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