Bismarck Tribune - Bismarck News - Foundation gifts, pledges increase

Foundation gifts, pledges increase

Aug 03, 2008 - 04:06:11 CDT

DICKINSON-The Dickinson State University Foundation says pledges and gifts for its just completed fiscal year amounted to more than $9.3 million. That is an increase of $8 million from the prior year, making it the largest single annual gain and the largest amount ever gifted in any one year.

The foundation's 2007-08 fiscal year runs from July 1 through June 30.

A pledge of $1 million by the Walton Family Foundation and another of $1.6 million by Fisher Industries are a major contributions that have been received.

In all, the total net assets of the DSU Foundation exceed $16 million, which represents an increase of $4.2 million from 2007 and an increase of $12.7 from 1997.

News > Local

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Comments

Snap wrote on Aug 7, 2008 1:42 AM:

" Yes, stop all those "free rides" for a year or two, I'm sure that will be worth millions in revenue! "

Mandan wrote on Aug 3, 2008 8:06 PM:

" The stadium will cost $16 million. "

westernite wrote on Aug 3, 2008 10:32 AM:

" If the foundation has that much money in their bank account they don't need tax payer money to build a new football stadium. Frankly, even if they didn't have enough money in their accounts, the taxpayers should not be paying for the stadium. If they want it so bad, let them get the money from the university system or cut down on the free rides to out of state students. Then they would have plenty "

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