YSU Foundation Receives Record $8.5M for Students
YOUNGSTOWN, Ohio – The Youngstown State University Foundation has received a record $8,545,275 in funds to support students at the university this school year.
Beyond just dollars, a record number of students are receivng aid from the YSU Foundation: 5,394.
“The YSU Foundation could not be more grateful for the commitment our donors have to YSU students,” said the foundation’s president, Paul McFadden, in a statement. “They want students to flourish and succeed while pursuing their dreams of higher education. The increase in giving could not have been possible without the kindness of alumni and friends.”
Founded in 1966, the YSU Foundation has led the university’s development operations since 2014. In the past year alone, the foundation has raised $22,304,692.
The foundation is in the fifth year of its seven-year “We See Tomorrow” campaign, which has raised more than $40 million for new endowed scholarships and endowed chairs and professorships. Prior to the campaign, Youngstown State had just three endowed faculty chairs and professorships. That number has now increased to a dozen.
“The most critical component of a student’s experience is the faculty,” McFadden said. “Through these endowments, we can convey the appreciation and high regard that they have on students.”
Copyright 2023 The Business Journal, Youngstown, Ohio.