• NEWS
    • Investigative News
    • Crime
    • Politics
    • Coronavirus Live Updates
    • Archive
  • LIFE & SOCIAL
    • Lost Pet
    • Obituaries
    • Public Listings
  • ENTERTAINMENT
  • FORUM
  • BUSINESS DIRECTORY
  • ADVERTISE
    • Advertising Options
  • ABOUT US
    • Contact Us
  • ACCOUNT
    • Subscriptions
    • My Profile
    • Log In
Sunday, April 18, 2021
Subscribe
No Result
View All Result
TurlockCityNews.com
COVID-19 News Updates
  • NEWS
    • Investigative News
    • Crime
    • Politics
    • Coronavirus Live Updates
    • Archive
  • LIFE & SOCIAL
    • Lost Pet
    • Obituaries
    • Public Listings
  • ENTERTAINMENT
  • FORUM
  • BUSINESS DIRECTORY
  • ADVERTISE
    • Advertising Options
  • ABOUT US
    • Contact Us
  • ACCOUNT
    • Subscriptions
    • My Profile
    • Log In
No Result
View All Result
TurlockCityNews.com
No Result
View All Result
Home Archive

CSU Stanislaus Gala Record Fundraiser of $207,000 with Palin; All for Scholarships

by TurlockCityNews.com Reporter 03
July 16, 2010
in Archive
0 0
0
Attorney General Finds CSUS Foundation as Appropriate Fundraiser, Palin Issues Not Unlawful
Share on FacebookShare on Twitter
ADVERTISEMENT

CSU Stanislaus Foundation President Matt Swanson and CSU Stanislaus President Hamid Shirvani at press conference 06-25-10.CSUS releases accounting summary of record-breaking fundraiser that included guest speaker Sarah Palin

California State University Stanislaus today released an accounting summary of the 50th Anniversary Fundraising Gala, hosted by the University Foundation on June 25 and included guest of honor and keynote speaker Sara Palin.  Total fundraising surpassed expectations by raising more than $473,000, with net proceeds of over $207,000, making it the most successful fundraiser held in CSU Stanislaus history. 
 
Dr. Ham Shirvani, President of CSU Stanislaus, praised the Foundation for its aggressive and successful fundraising efforts. 
 
CSU Stanislaus held a press conference just prior to the gala where Foundation President Matt Swanson and CSUS President Hamid Shirvani initially reported the event would have a fundraised total with in-king gifts totaling over $200,000 net profit. It was announced that one-third of the money raised would immediately go toward scholarships while the rest would be carefully considered by the Board as the university has many needs at this time.
 
CSUS President Hamid Shirvani announced a change in that funding plan today.
 
“Thanks to the Foundation’s generosity and fundraising, our 50th Anniversary Fundraising Gala was a huge success,” Shirvani said.  “I am excited to report that based upon my request, the Foundation has agreed to allocate all of the net proceeds for scholarships, helping us give students peace of mind so they can focus on their academic achievements.”
 
Shirvani continued, “During these difficult economic times, I am especially proud that we have received an unprecedented level of private support to celebrate 50 years of academic excellence and to help us continue providing hardworking students access to higher education."
 
“We must support our students and foster their success through fundraising events like these.  CSU Stanislaus’ ability to provide access to a quality education, inspire life-long learning in the work place, support economic growth, and meet the growing demand for college graduates depends on adequate financial resources, including private support.   I applaud the Foundation for its hard work and thank the University’s supporters for their dedication to higher education.” 
 
The CSU Stanislaus Foundation’s final accounting summary of the 50th Anniversary Fundraising Gala is shown below.
 
REVENUES:
Sponsorships, tables, donations, tickets & in‐kind gifts
TOTAL REVENUE – 473,035.00
 
EXPENSES:
Off Campus Providers
Catering 30,338.84
Entertainment & program (1) 80,084.96
Printing, materials & postage 11,637.06
Processing fees & valet 3,567.14
Event décor 42,564.49
Reimbursements to University
Facilities rent & services 5,470.00
Security (2) 33,616.92
Insurance, printing & other 1,159.36
 
TOTAL CASH EXPENSE – 208,438.77
 
Less In‐Kind Gifts 57,297.22
NET INCOME 207,299.01
 
Footnotes:
(1) This category includes expenditures for guest speaker fees ($75,000), guest speaker local travel & accommodations ($2,500), musicians ($1,800), equipment rental ($750), Miscellaneous ($35)
(2) Includes the cost of security fencing provided by an outside contractor at a cost of $2,282; and cost estimates for security services provided by the ci5es of Turlock and Modesto police departments.

Tags: AccountingCaliforniaEducationFundraiserGalaNewsPalinPoliticsPresidentProfitReportSarahSchoolsShirvaniStanislausStateSwansonTurlockUniversity
Previous Post

Stanislaus County Fair Opens Today! Info

Next Post

Arizona Man Struck By Train South of Turlock

Next Post

Arizona Man Struck By Train South of Turlock

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Comments

  • 안전카지노 on Kaepernick Loses in Semifinals of Madden Cover Vote
  • koi cbd zen on THS Class of 2014 Looks to Build On Experiences
  • Lamadrid on Subject Found in Shoplifter’s Vehicle with Meth, Both Arrested
  • film on Harder Campaign Denies Alleged Slander Against Howze, But There’s a Recording

LEARN MORE

Terms of Service

Privacy Policy

About Us

ADVERTISING

Advertising Options

Place Obituary

Place Lost Pet

TAKE US WITH YOU

Subscribe

Community Forum

More Coming Soon …

© 2021 TurlockCityNews.com | Anything & Everything Turlock

No Result
View All Result
  • Subscribe
    • Subscriptions
    • Advertise with Us
  • Login
  • Home
  • News
    • Coronavirus Live Updates
  • Life & Social
  • Crime
  • Around Turlock
  • Events & Entertainment
  • Obituaries
  • Lost Pet
  • Job Watch
  • Campus News
  • Local Vocals
  • Investigative News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In