The Bridge, 2010-2011
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The Bridge Contributors to Northwest during the 2010-2011 Fiscal Year
Foundation reaches milestone year, continued support is vital The headline news for Fiscal Year 2010-2011 was that the Northwest Foundation turned 40 years old and surpassed the $30 million mark in total assets. I’m also happy to report the Northwest Foundation has had solid investment performance for the past two years, experiencing a 19.7 percent return last fiscal year and recovering nearly 100 percent of the declines from fall 2008. As exciting as this is, the real story is that in the worst economic conditions our country has experienced in 70 years, private giving to the Northwest Foundation has been strong thanks to our loyal Bearcat donors. Your continued support is vital as we prepare to embark on the University’s next capital campaign. As donors, I trust you understand your importance to the University, and you have risen to continue with that same significant support. Gifts to the Northwest Foundation have surpassed levels of the same quarter for the previous year, and you have been the driving force behind this success. The work that was accomplished as of late has given us a strong foundation for the future. However, we never want the “how we invest” to overshadow the “why we invest.” Those reasons are, and will always be, to support Northwest and to focus on student success – every student, every day – as you direct us through your generous gifts. It’s easy to forget that just 40 years ago private support to a
public university was nearly non-existent. Today, donor gifts represent a more sustainable future of excellence for all of Bearcat Nation. Since 1990, private giving to the University has increased tenfold. You can see the results as you walk across the campus! Just consider the enhanced scholarship support for Bearcats, the enlivened academic offerings and the handson experiences made available thanks to your support. What happens after you make your gift is what the Northwest Foundation is all about. We build, invest and grow your fund so that it will work hard for your intended purpose four years, 40 years, even four generations from now. We take this trust seriously and address it with integrity. Thank you for the trust you place in us. We value your partnership as Northwest continues to tackle new frontiers. It could not happen without you. Sincerely,
Dr. John Jasinski President
Spring 2012
Northwest Alumni Magazine