A Message from the Foundation President
Dear Alumni and Friends of Eastern:
Thanks to you, we once again, have a reason to celebrate philanthropy at Eastern. I am pleased to report that for fiscal year 2016, we saw a 35% increase in the number of donors giving over $1,000. In addition, we had 2,425 alumni donors and 4,250 total donors – both all-time highs! As much as we focus so much of our efforts on growing our base of alumni donors, total donations from friends and faculty/staff (current and past) increased by over 67% in fiscal year 2016 from $198,000 to $332,000. Remarkably, for the first time ever, total giving to the ECSU Foundation exceeded the $2 million mark for the fifth straight fiscal year. It’s safe to say that philanthropy is alive and well within the Eastern community thanks to you!
As wonderful as the past fiscal year has been, there are still so many students struggling financially to stay in school on a full-time basis. Your support of the talented undergraduates that make us proud each day is still very much needed. In recent months we have seen a number of newly created endowed scholarships that will help to continue supporting Eastern’s deserving students. Some of the new endowed scholarships include: the Kevin Crosbie Memorial Scholarship supported by the Lester & Phyllis Foster Foundation; Todd S. Greenberg Memorial; Anita N. Jean Memorial; Arnold Prince Art Fund Memorial; Dr. Robert “Buddy” Spillane ’56 Memorial; and Alexander “Sandy” Taylor Memorial. Scholarships such these allowed the ECSU Foundation to award over $600,000 in scholarship to over 300 students in fiscal year 2016.
I am once again happy to report that in fiscal year 2016 the external audit by Cohn Reznick resulted in an unqualified opinion due to the careful attention to detail by the Foundation’s staff and management.
On behalf of all the members of the ECSU Foundation, I want to express my sincere appreciation for the generous response from alumni and friends over the past twelve months. The results of last year’s fundraising speak volumes about the loyalty of so many to Eastern and our shared promise for the future. If you have not had a chance to make your gift for fiscal year 2017, it isn’t too late, the fiscal year runs until the end of June! Please remember that gifts of all sizes are appreciated. Thank you again for your continued support of Eastern.
Justin Murphy ’98, Esq.
President – ECSU Foundation, Inc.