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Sept. 8, 2017
The Northwest Foundation, the fundraising arm of Northwest Missouri State University, recorded a historic fiscal year 2017, securing nearly $13 million in donor funding while exceeding its goal for the year by 82 percent.
The historic year included three seven-figure gifts, while the average gift increased 20 percent to about $4,700, outdoing peer institutions by 16 percent. Ninety-four percent of the total funds raised by the Foundation were cash contributions, which also is an all-time high for the organization.
“Our donors and alumni are so passionate about Northwest, and we are grateful for the support they continue to show the University,” Northwest President Dr. John Jasinski said. “Their gifts are a testament to their belief in our mission of focusing on student success – every student every day – and our focus on providing a quality education that is accessible and affordable to all. Further, this level of private support is another indicator of Northwest’s strength and culture as an institution known for being safe, trusted, invested and resourceful.”
Among the Foundation’s FY17 highlights, with the support of a lead gift by the Hughes Family Foundation, was the June groundbreaking for the Carl and Cheryl Hughes Fieldhouse, a 137,250 square-foot, $20 million facility designed to serve a multitude of social, recreational and economic needs for the University and region. The Founding 50, a group of lead donors who have committed gifts of $50,000 or greater to the project, grew to a membership of 67 donors whose gifts represent 99 percent of the dollars raised. Already one of the largest public-private partnerships ever in the region, the project also has secured the largest amount of donor funding for a capital project in Northwest’s history.
Additionally, scholarship support remains a central mission of the Foundation, which awarded a record of nearly $1 million in scholarships to 1,146 students during FY17. That is a 13 percent increase from the prior year, while the average award increased by 20 percent to a high of about $850 per scholarship.
Furthermore, the Foundation achieved a 3 percent increase in funding raised through its 1905 Society during FY17. The 1905 Society is the premier giving society for annual gifts, recognizing supporters who make an annual unrestricted gift of $1,000 or more. It has doubled its membership since its inception in 2007.
The average gift supporting the Foundation’s annual giving program increased by 11 percent, while giving by Northwest faculty and staff reached a historic 45 percent during FY17, representing the highest percentage in the institution’s history and a 59 percent increase in dollars raised from FY16. The giving level by Northwest employees places the institution among the top 75 percent of all master’s-granting institutions, while Northwest alumni giving outpaces peer institutions by nearly 6 percent.
In April, for the third consecutive year, Northwest students celebrated alumni and friends who contribute generously to the University in support of scholarships, campus facilities and the value of a college degree during “Thank a Donor Day” activities on the campus. The annual event educates Northwest students about the importance of private giving by alumni, family and friends. It also draws attention to the impact alumni support has throughout the University and actively engages the student body in the stewardship of alumni donors. On Sept. 17, the University will host its annual Powering Dreams celebration of donors and scholars.
“The Alumni Association’s increase in volunteer hours and events is really a true testament to our amazing volunteers and the loyal alumni and friends who help make it the strong organization it is today,” Bob Machovsky, Northwest’s director of alumni relations and annual giving, said. “Our alumni, faculty, staff and friends generously support Northwest with their contributions, and they are the foundation that continues to drive our fundraising success now and into the future.”
In addition to its annual giving programs and donor stewardship, the Foundation’s alumni engagement activities saw success. The Northwest Alumni Association in February chartered the Black Alumni and Friends chapter as its 21st affiliate group. The number of Alumni Association-sponsored events increased by 37 percent while alumni volunteer hours dedicated to organizing and hosting events increased by 51 percent from FY16. The Northwest Alumni Association counts its membership as 70,000 alumni and friends of the University.
The Northwest Foundation, a 501(c) 3 not-for-profit corporation, is responsible for receiving, investing, stewarding and disbursing private support on behalf of the donors of Northwest Missouri State University for the benefit of the University, its students, faculty, staff and alumni. The Northwest Foundation, governed by a 33-member volunteer board of directors, is staffed by members of Northwest’s Office of University Advancement.
The Foundation’s total assets under management increased 11 percent to $34.9 million while its endowment stands at nearly $24.2 million. In FY17, the Foundation provided $6.3 million to the University to support various needs.
“FY17 is one for the record books,” Vice President of University Advancement Mike Johnson said, adding that Northwest is set to dedicate its Michael L. Faust Center for Alumni and Friends in October. “This newly renovated and expanded center will serve our growing population of generous alumni and friends and we are grateful.”
For more information about the Northwest Foundation or to make a gift to support Northwest, contact the Office of University Advancement at 660.562.1248 or visit www.nwmissouri.edu/GiveOnline.
Mark Hornickel, Communication Manager
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Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468