Kennesaw State Receives Honor for Institutional Excellence in Advancement
KENNESAW, Ga. (Nov 24, 2021) — Kennesaw State University’s Division of University Advancement this month earned a top statewide award following a period of unprecedented fundraising success by the Division that has contributed significantly to the rapid growth and record enrollment for the University.
The Georgia Education Advancement Council presented the Overall Institutional Excellence in Advancement Award to KSU’s Division of University Advancement at the 2021 GEAC Annual Conference, held Nov. 16-18 in Young Harris. The award is presented to institutions demonstrating outstanding achievement and commitment to the field of higher education advancement.
“In just two years, we have made tremendous strides in our mission of supporting our University and its students. We have doubled our endowment to $100 million, which is breathtaking,” said Vice President for University Advancement Lance Burchett. “This recognition from GEAC is one that we all share. It would not have been possible without the partnership of our incredible donors, Trustees and talented staff.”
Since 2019, the Kennesaw State University Foundation has seen total fundraising from private sources skyrocket to more than $60 million, more than tripling any other two-year period in KSU history.
Over the past three years, the value of scholarships funded by the Kennesaw State University Foundation has almost doubled. Student scholarship spending for 2021 is $3.3 million compared to $1.7 million in 2018. That translates to nearly 5 percent of Kennesaw State students — more than 2,000 people — earning a scholarship backed by the Foundation in 2021.
Some fundraising highlights for Kennesaw State include:
- Fundraising for FY21 reached 217 percent of University Advancement’s goals.
- The number of proposals for grants of $50,000 or more has risen to 129 this year, compared to just 28 in FY18.
- Major gifts are 107 this year, compared to 54 in FY18.
- KSU’s administrative costs to raise a dollar have plummeted from 41 cents in FY19 to 15 cents in FY21.
“This is only the beginning,” Burchett said. “The future is bright at Kennesaw State University, and we are eager to see how the coming years will add to the institution’s rapidly growing success.”
– Cassidy Wicker
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A leader in innovative teaching and learning, Kennesaw State University offers undergraduate, graduate and doctoral degrees to its nearly 43,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.