July 23, 2018
Donations to SIU Carbondale increase by 25 percent
CARBONDALE, Ill. -- Donors contributed more than $25.2 million last year to support Southern Illinois University Carbondale students and programs, a 25 percent increase over the previous year, according SIU Chancellor Carlo Montemagno.
“Our alumni and friends believe in SIU, and they are coming together to advance the university,” Montemagno said. “Their investment in our students and our future is incredibly important. On behalf of the entire campus community, I thank all donors for their support and confidence as we move forward to fulfill our vision for the university.
“These gifts support scholarships for SIU students, equipment for laboratories, library resources, positions for outstanding faculty and much, much more,” Montemagno added. “Many students wouldn’t be able to attend SIU – or benefit from all we offer — without the generosity of our alumni and friends. Donors make the difference.”
All of the gifts and pledges were made between July 1, 2017, and June 30, 2018.
More than $15 million of the total came in the form of cash and other gifts that can have immediate impact, said Jim Salmo, the foundation’s chief executive officer. The balance includes pledges for the future. For example, many donors make a commitment to include SIU in their estate plans, he said.
“All gifts — large and small — are important and valued,” Salmo said. “Donors have a lot of options in the ways they can structure a gift to serve a cause that is important to them — whether it’s paying it forward with a scholarship or investing in student and faculty research or academic facilities.”
SIU is in the midst of a three-year, $75 million fundraising initiative called “Forever SIU: The Campaign for Students.” To date, the campaign has raised more than $60 million.