Substantial philanthropic support resulted in a consequential and record-breaking year for the California State University.
In 2018–19, the CSU received almost $570 million in gift commitments and more than $370 million in gift receipts, with both figures surpassing previous all-time highs. Such record-setting support testifies to the confidence that donors have in the power of the CSU to propel the state of California forward and create positive change in our communities.
A number of remarkable gains contributed to this success, as campus communities rallied to provide exceptional support.
Cal State East Bay received more than $7 million in philanthropic investments, marking its third-highest fundraising year to date. This support will empower programs that provide expanded student participation in experiential learning and research.
CSU Bakersfield celebrated an exceptional year as southern San Joaquin Valley donors demonstrated their commitment to the campus by contributing more than $7.4 million to support Roadrunner athletes, first-generation students and science and technology programs that prepare local youth for meaningful careers.
San Francisco State demonstrated the power of "bold thinking" as the campus secured major gifts in support of its comprehensive campaign. Two $25 million gifts, one of which is the largest gift of cryptocurrency to a university, will support excellence in the liberal arts and innovation in business education.
Such phenomenal support speaks to the confidence that our champions have in the California State University to provide equitable and transformative education. We are forever grateful for their dedication and generosity.
Record generosity resulted in over $370 million in gifts received for 2018-19. Of that total, less than 2 percent, or $7 million, was unrestricted.
Donor-designated support for current operations of $237 million included:
For long-term capital projects, campuses received $35 million for major facility construction and renovation.
Endowments grew by $87 million in new contributions, which will provide support in perpetuity. More than half of endowment gifts are designated to scholarships.
Donors committed an additional $4.8 million in irrevocable deferred gifts.
$60 MillionEndowment Distribution4.52%
Average Endowment Investment Return