{"id":1713,"date":"2008-07-17T00:00:00","date_gmt":"2008-07-17T04:00:00","guid":{"rendered":"http:\/\/www.emu.edu\/blog\/news\/?p=1713"},"modified":"2008-07-17T00:00:00","modified_gmt":"2008-07-17T04:00:00","slug":"emu-reports-new-contributions-record","status":"publish","type":"post","link":"https:\/\/emu.edu\/now\/news\/2008\/emu-reports-new-contributions-record\/","title":{"rendered":"EMU Reports New Contributions Record"},"content":{"rendered":"

EMU has received $5,211,528 in total contributions for the 2007-08 fiscal year ending June 30, a 3.7 percent increase over the previous year. <\/p>\n

Kirk L. Shisler<\/a>, vice president for advancement, reported that contributions of $1,857,265 to the University Fund<\/a> set a new record, surpassing the 2007 annual fund total of $1,764,068 by $93,197 or 5.3 percent. <\/p>\n

“We are very grateful to our loyal alumni and friends for their increased support, especially in the midst of an uncertain economic climate,” Shisler added. <\/p>\n

In addition to a successful year for EMU’s annual fund, Shisler reported that giving to EMU’s endowment fund was also up. Gifts to the endowment totaled $1,102,162 representing an increase of 46 percent over the previous year. <\/p>\n

According to Shisler, this was the second year in the past ten when gifts to the EMU endowment surpassed the $1 million mark. <\/p>\n

A combination of outright gifts and bequests from donors’ estates accounted for the contributions to EMU’s endowment fund. For example, EMU’s seminary<\/a> benefited from a gift of $338,000 to establish an endowed fund for its clinical pastoral education program<\/a>, which prepares students to serve in a hospital ministries. <\/p>\n

Among the bequests EMU received this past year was an estate gift from the late Dr. Daniel B. Suter, who pioneered EMU’s biology<\/a> and pre-med<\/a> program. Suter’s bequest of $77,325 has been added to the Daniel B. Suter Chair in support of scholarships for biology majors at EMU. <\/p>\n

During the 2007-08 fiscal year, EMU also received over $2.1 million in restricted gifts and grants. These contributions supported a broad range of EMU programs and projects as specifically designated by the donor. Both academic and athletic programs<\/a> benefited from these restricted gifts. <\/p>\n

“We are extremely grateful to our alumni, friends, faculty-staff and special partners whose generous contributions resulted in another record year of annual support for EMU,” said Loren Swartzendruber, EMU president<\/a>. <\/p>\n

“EMU benefits from an especially loyal group of donors whose passion for the university and its mission is consistently reflected in generous giving to undergraduate, graduate and seminary programs.” <\/p>\n","protected":false},"excerpt":{"rendered":"

EMU has received $5,211,528 in total contributions for the 2007-08 fiscal year ending June 30, a 3.7 percent increase over the previous year. Kirk L. 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