FUNDS RAISED BY THE GRAND VALLEY UNIVERSITY FOUNDATION BETWEEN JULY 1, 2023 AND JUNE 30, 2024 WERE TRANSFERRED TO GRAND VALLEY STATE UNIVERSITY (GVSU) FOR USE IN MEETING CAPITAL, OPERATING, AND INSTRUCTIONAL NEEDS; INCLUDING STUDENT SCHOLARSHIPS AND FACULTY SUPPORT. SOME GIFTS WERE ALSO MADE TO ENDOWMENT, HELPING ADDRESS RESTRICTED NEEDS (E.G. SCHOLARSHIPS AND SPECIAL PROGRAMMING) AND TO PROVIDE LONG-TERM FISCAL STABILITY THROUGH UNRESTRICTED ENDOWMENT. THESE PROGRAMS DIRECTLY AND INDIRECTLY BENEFITED APPROXIMATELY 22,000 STUDENTS ENROLLED AT GVSU DURING THE YEAR, AS WELL AS BENEFITED THE COMMUNITY THROUGH SPECIFIC PROGRAMS AND OVERALL ECONOMIC IMPACT OF GVSU SPENDING.
