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UW-Eau Claire Foundation Concludes Second Best Fundraising Year in Foundation History

RELEASED: July 28, 2009

UW-Eau Claire excellence sealEAU CLAIRE — The University of Wisconsin-Eau Claire Foundation recently concluded a successful fundraising year — the second best year in Foundation history. The Foundation ended the fiscal year 2009 with $4,740,600 in gifts. This represents 28 percent more significant gifts in fiscal year 2009 than in 2008 and 30 percent more than in fiscal year 2007. These gifts came from 13,636 alumni and friends.

"We are very gratified and pleased to have the opportunity to work with alumni and friends to generate much-needed resources for the university," said Kimera Way, executive director of the Foundation. "The response this year has been overwhelming. Our donors value the importance of a UW-Eau Claire education, and time and again they have told us they do not want the students to be harmed by the economic downturn. We realize that people are being asked to do more and more, so we appreciate even more that they are making their investment in UW-Eau Claire a priority for their philanthropy."

Having a long-range view of the needs of the university has led many donors to make planned gifts and estate gifts to the UW-Eau Claire Foundation, said Casey Sylla, president of the Foundation. Planned and estate gifts represented more than 20 percent of the gifts this fiscal year.

"The significant factor in our success this year was the charitable bequests we received through individuals' estates," Sylla said. "The Foundation has focused on connecting with individuals to encourage their support through long-term giving plans. We are pleased to see so many of these efforts realized through the generosity of those who are gone. The Foundation received nearly $1 million in bequest gifts last fiscal year. We hope to sustain those consistent results in the future."

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KH/AH

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