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the

of giving

Highlights from Fiscal Year 2017

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Philanthropic gifts to Portland State University have the power to change everything. They create life-changing opportunities for students. They provide resources for distinguished faculty. They transform the campus landscape. They spark new ideas and new collaborations.

The following pages contain highlights from this year’s most impactful philanthropic gifts. Thank you for your support — your generosity runs deep.

FISCAL YEAR 2 017 HIGHLIGHTS

Student Suppor t T h a n k s t o y o u r

g e n e r o s i t y , P S U

a w a r d e d s c h o l a r s h i p s

t o 2 , 8 5 0 s t u d e n t s .

Program Suppor tD o n o r - s u p p o r t e d

P S U p r o g r a m s

c o l l a b o r a t e d w i t h

5 3 0 c o m m u n i t y

p a r t n e r s i n c l u d i n g O H S U ,

P o r t l a n d P u b l i c S c h o o l s

a n d t h e C i t y o f P o r t l a n d .

Facult y Suppor tS i n c e 2 017, yo u

h a ve h e l p e d f u n d 12

Po r t l a n d P ro fe s s o r s h i p s .

Campus Suppor tW i t h y o u r s u p p o r t , P S U

h a s b u i l t , r e n o v a t e d

a n d u p d a t e d c a m p u s

i n f r a s t r u c t u r e t o

t r a n s f o r m t e a c h i n g a n d l e a r n i n g .

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For the third year in a row, Portland State University has been recognized by U.S. News & World Report as one of the top 10 most innovative universities in the nation. The driving force behind our ground-breaking initiatives and programs is the expertise and imagination of pioneering faculty researchers.

PSU biology professor Ken Stedman’s research is changing the way that we think about life in extreme environments. In 2017, his work caught the attention of the Bill & Melinda Gates Foundation, which awarded him a $100,000 Grand Challenges Exploration Grant. This prestigious program supports researchers whose work addresses urgent global health challenges.

With this funding, Dr. Stedman will explore how to improve the stabilization of biological samples without refrigeration — a process with major implications for public health fieldworkers in areas without easy access to electricity.

I N N O VA T I O N A T W O R K

FACULTY HIGHLIGH

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Scholarships provide more than financial assistance. They offer the encouragement and support necessary to help motivated students find their path, finish their degrees and make better lives for themselves and their families.

A new scholarship fund in the OHSU-PSU School of Public Health provides this essential support to first-generation students with interests in public health. Established by Dean David Bangsberg and his wife, Lynn, the Dean’s Scholarship Fund has raised $1.5 million and counting to assist and inspire the next generation of public health researchers, practitioners, educators and policy makers.

ST

UDENT HIGHLIGHT

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Portland State faculty, staff and students are proud to embody the university’s motto to Let Knowledge Serve the City through their work with community organizations. In 2017 alone, PSU partnered with 530 different groups including local businesses, nonprofits and government agencies.

For its leadership in the field of community engagement, PSU earned national recognition in 2017. The Association of Public and Land-grant Universities (APLU) named Portland State the winner of the C. Peter Magrath Community Engagement Scholarship Award, in honor of its 27-year partnership with Portland’s Bureau of Planning and Sustainability. This national award comes with a $20,000 prize to advance PSU’s community connections.

P O W E R H O U S E PA R T N E R

PRO

GRAM HIGHLIGHT

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PSU has launched an ambitious program designed to advance faculty excellence on campus. Portland Professorships are privately-funded, non-endowed positions designed to empower faculty to enhance their research and teaching practices.

In 2017, the first Portland Professorship was awarded to Ethan Sperry, director of PSU’s internationally-renowned chamber choir. Sperry’s professorship in the College of the Arts was created with a generous gift from Robert Stoll, who created the Barre Stoll Director of Choral Activities in honor of his wife, Barre Stoll ’89, MSW ’92.

FACULTY HIGHLIGH

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More than 175,000 Portland State alumni around the globe make a major impact in our city, region and world. PSU alumni are also proud to give back, and are dedicated to helping the next generation of Vikings find the same opportunities they discovered during their time at PSU.

An extraordinary gift from a long-time alumnus recently created a new endowed scholarship fund in support of students.

In 1946, W.T. “Bill” Lemman entered the first class of what was known at the time as the Vanport Extension Center. After earning his degree in business management, Bill became the Assistant Business Manager for Portland State. Over the next four decades, he served as a higher education administrator and helped to grow PSU into the institution it is today.

Bill, his wife Genna, and their sons share the belief that education is the path to a better life. Together they created the Lemman Family Endowed Scholarship Fund to inspire PSU students to reach for their dreams.

A L A S T I N G L E G A C Y

STUDENT HIGHLIGH

T

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Last year marked a major milestone in the evolution of the Portland State campus. Together with support from the State of Oregon, two donors made significant philanthropic investments in the renovation of Neuberger Hall that will transform the campus and city forever.

Longtime supporter and alumnus Fariborz Maseeh pledged a $5 million gift to create a new home for interdisciplinary learning in the renovated facility. He was joined by businessman and philanthropist Jordan Schnitzer who pledged $5 million to create PSU’s first art museum on two floors of the building — a space that will bring extraordinary new visual arts resources to the region.

The gifts came on the heels of a major investment from the Oregon Legislature, which pledged $60 million in public bonds for the capital improvement project — the state’s most significant investment in Portland State's history.

CA

MPUS HIGHLIGH

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A D VA N C I N G E Q U I T YPortland State University is made up of a diverse collection of schools, units and programs — each with unique areas of impact. Last year, one noteworthy program was recognized for its work to advance equity across the state.

The Portland State Nonprofit Insititute (NPI), housed in the college of Urban and Public Affairs, serves as a knowledge bank for social good organizations across the state. In 2017, the NPI was awarded $133,000 from the Meyer Memorial Trust to advance data literacy. By helping Oregon's nonprofit organizations collect and interpret data, the NPI will help social good organizations tell their stories of impact in powerful new ways.

PRO

GRAM HIGHLIGHT

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F Y 17 F I N A N C I A L S N A P S H O T

Dear friends,

You are the fuel that powers Portland State University.

It takes effort and intention from all of us — friends, alumni, advocates, business and community partners — to make an impact. United by our shared belief that access to education changes lives, we are building a stronger and more educated Oregon. Together we create and sustain the PSU partnerships, educational opportunities and research programs that will serve our region for years to come.

I want to express my deepest gratitude for everything that you have done and will do for Portland State. Thank you for your support. Today and tomorrow, you are an essential part of the PSU story.

Sincerely,

William G. BoldtPRESIDENT & CEO, PSU FOUNDATION

F R O M T H E D E S K O F T H E P R E S I D E N T

ASSETSCash & cash equivalents $6,527,387

Pledges, grants & estates receivable, net $16,602786

Rent & other receivables $5,829

Prepaid expenses & other assets $855,627

Investments $97,420,106

Property & equipment, net $4,115,613

Total Assets $125,527,348

LIABILITIES AND NET ASSETSAccounts payable & accrued expenses $1,006,446

Payable to Portland State University $894,976

Note payable & capital lease commitments $3,154,528

Deferred revenue and other deposits $127,943

Obligations to beneficiaries of split-interest agreements $1,488,525

Endowments held for PSU $2,530,808

Total Liabilities $9,203,226

Net assets:

Unrestricted:

Available for general operations & programs $4,271,225

Cumulative endowment losses —

Net investment in real estate activities $138,789

Total Unrestricted $4,410,014

Temporarily restricted:

Undistributed endowment earnings $3,375,411

Other funds $52,583,586

Total temporarily restricted $55,958,997

Permanently restricted for endowment $55,955,111

Total net assets $116,324,122

Total liabilities and net assets $125,527,348

Alumni ....................... 54%

Friends ...................... 27%

Corporations/Foundations/ Other Organizations .. 16%

Faculty/Staff ............. 11%

WHOGIVES?

Schools/Units/ Programs ................... 48%

Capital Projects ........ 24%

Scholarships .............. 19%

Faculty/Staff .............. 6%

Unrestricted ................ 3%

TOWHAT?

FY 17 TOTAL GIVING $36,772,827

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PSU FOUNDATION 2016-2017 Board of Trustees

P.O. Box 243 Portland, OR 97207 503-725-4478 psuf.org

Executive CommitteeKimberly CooperWally Van ValkenburgTammy Neitzke ’97Don Vollum ’94Mark RosenbaumJared A. HolumBarre Stoll ’89,’92Al Barkouli ’83, ’87

Keren Brown Wilson ’83Mark Miller

TrusteesDavid H. AndersonMr. Hermann Colas, Jr. ’77Mary Dick ’80Les Fahey ’68Tom Fink ’71

Elizabeth Fuller ’08Linda Hamilton ’91Scott HibbsErik Lawrence ’02Ross LienhartPete NickersonPaul SchlesingerLindsay StewartJohn Whearty ’91

Linda Williams

Ex-OfficioWim WiewelBill BoldtLisa Arth