Annual Report 2006-07
Total university support
During fiscal year 2007, KU Endowment provided $94.9 million in financial support for KU. Support since our founding in 1891 totals $1.4 billion.
Support through the Greater KU fund
Gifts to the Greater KU Fund provide the flexibility to meet the university’s greatest needs. The chancellor determines which projects will receive support from the fund, and allocations are subject to approval by the KU Endowment Executive Committee. In 2007, KU Endowment made available $6.67 million in support from the Greater KU Fund.
State and private support for KU
KU Endowment funds cover a vital portion of KU’s annual revenue. State support, as a percentage of total university revenue, has decreased over the last 20 years as the state has faced increasing demands for other services. Private gifts, therefore, have become more critical to the university’s success. (The most recent figures on state support are from 2006.)
