FY19 fundraising is among top years

Forever True, For Iowa State, Iowa State University's multi-year fundraising campaign, has raised $1.2 billion, which is 80 percent of its goal of raising $1.5 billion by 2021. During the 2019 fiscal year, which ended June 30, the Iowa State University Foundation raised $182 million to support the students, faculty, facilities and programs of the university. 

"Iowa State's alumni and friends are passionate about giving back to the university and making a difference in the world through their investments," said Jon Fleming, a 1975 Iowa State graduate who serves as the Forever True, For Iowa State campaign chair. "The Cyclone spirit is truly unstoppable." 

FY19 also was the third-largest fundraising year in the foundation's history. More than 6,700 students received donor-funded scholarships, and the number of endowed chairs, professorships and faculty fellowships grew to a total of 209. In addition, donations to the Student Innovation Center and a $17 million gift from the late Don Soults of Virginia are supporting Iowa State's innovation and entrepreneurship efforts. 

Over the past three years, total fundraising has reached all-time record levels. In fiscal years 2017 and 2018, the university received two transformational commitments -- $50 million from Debbie and Jerry Ivy, which resulted in the named Ivy College of Business, and a $160 million gift from an anonymous donor couple to support the College of Liberal Arts and Sciences. It was the largest gift in the university's history. 

"The investments at all levels that donors make have a tremendous impact on the people and programs at Iowa State. I have the privilege of seeing them come to life every day on campus," said President Wendy Wintersteen. "I am deeply grateful for the generosity of our donors and their love of Iowa State."

The original campaign goal was $1.1 billion, a target that was reached during FY19 and two years ahead of schedule. To capture the campaign's tremendous momentum, the target was increased by $400 million and extended another year.