MANHATTAN, Kan. (AP) — Kansas State University easily set a new record for donations in the just-completed fiscal year.
The university said it received $152 million in donations, pledges and deferred gifts for the 2013 fiscal year, breaking the previous record of $111 million in fiscal 2012.
The Manhattan Mercury reports (http://bit.ly/15mpFUc ) $86 million was received in outright gifts, $33 million was pledged and $33 million was committed through deferred gifts. The donations came from 57,300 individuals, an increase from 51,400 last year.
Twenty-two of the donations were for $1 million or more, totaling $82.6 million.
Kansas State president Kirk Schulz said that less than one-quarter of the university’s operating budget comes from state aid. The rest comes from tuition, grants and contracts, and private philanthropic support.
Information from: The Manhattan (Kan.) Mercury, http://www.themercury.com