Annual Report 2005-06
Gift revenue
Gift revenue in 2006 totaled $84.9 million, a decrease of 1.7 percent from $86.4 million in 2005. Contributions and pledges totaled $80 million, a 15.6 percent increase over $69.2 million in 2005. Bequests realized, which fluctuate from year to year, totaled $3.8 million, dropping from $12.6 million in 2005.
In addition to contributions and pledges, KU Endowment documented commitments of $21.9 million in planned gifts in 2006. These included bequests and other deferred gift expectancies to be received in coming years. These commitments will benefit KU in the future.
Gifts for new endowed professorships
KU Endowment is actively seeking gifts for new endowed professorships, as this is one of KU’s top priorities. Gifts for these professorships have increased steadily over the past three years.
Through the Kansas Partnership for Faculty of Distinction Program, gifts for new endowed professorships at Kansas Regents institutions leverage additional support from the state. This support is calculated on an annual basis. The program began in 2000; in 2006, it provided $1.4 million for KU faculty.
