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Appalachian State University Foundation Raises $9.3 Million

BOONE—Appalachian State University Foundation had a record year in terms of gifts made to the university during the 2003-04 fiscal year. A total of $9.38 million was raised in cash and in-kind gifts, exceeding the $8.25 million goal set by the Appalachian State University Foundation Board of Directors.

Unrestricted giving also enjoyed great success with the Foundation’s Appalachian fund raising $553,727.

” This clearly indicates the great reputation Appalachian has among its alumni and donors and the confidence they place in our faculty and staff to move the institution forward,” said Jerry Hutchens, interim vice chancellor for university advancement.

Year-end highlights include a $1.1 million gift to help furnish the library and information commons, an $870,000 estate gift to the College of Arts and Sciences, $586,737 to fund scholarships for student-athletes, $200,000 for the Business Study in China program in the Walker College of Business, and a $100,000 gift to fund capital expenses, supplies and faculty development travel for the university’s Graphic Arts and Imaging Technology program.

In addition, working with the National Committee for the New River, the Foundation acquired a 140-acre tract of land in Todd to augment the university’s 217-acre Gilley Field Station. The land will be used to augment the research projects of the Department of Biology and other departments on campus.

Created in 1970, the Appalachian State University Foundation is a support organization of the university that receives and invests private funds to help further the institution’s academic mission.