Reflections From The President Of The EIU Foundation
2020 will be recorded in history as the year of the COVID-19 pandemic.
While this pandemic has not only impacted our communities' physical health, it has also tested our adaptability and ingenuity. The importance of higher education to promote critical thinking is more important than ever. The dedicated faculty and staff at Eastern Illinois University worked collaboratively and diligently to create a platform to allow our faculty and staff to continue providing educational instruction and experiences to the students of EIU through online interactive technology. Eastern Illinois University transforms lives every day through education and opportunities to prepare its students for successful and rewarding careers while building character and instilling a sense of responsibility for our greater communities and world.
The Eastern Illinois University Foundation's mission is to assist, support, and enhance the university's educational and cultural programs through the encouragement and management of philanthropic gifts. The annual financial support for current students through scholarships and enhanced university programming creates future professionals with endless ability to be impactful in their careers and service to their communities. The EIU education that we all value and support will maximize their professional skills and enrich the lives of themselves, family members, and community members forever.
As we navigate through this pandemic, the ability to provide a quality college experience may be more challenging, but its value is more important than ever. A better understanding of fiscal resources, personnel support, and sacrifices required to make the college experience available is essential. The EIUF Board of Directors is committed to working collaboratively with faculty and staff in the most effective utilization of donor resources within our campus community. The Board also engages in strategic discussions and planning that maximizes the Foundation resources' impact in perpetuity.
In the fiscal year 2019, the Foundation provided 775 scholarships totaling $1.2 million and grants of $2.6 million to support the university's academic programs, student development experiences, and other initiatives. Total foundation assets of $95 million (as of 7/1/19) generated the financial return to support the enriching educational experiences. This generous donor-inspired and funded scholarships and programs, along with enrollment growth, expanded university programming, and the spirit of continuous educational quality enhancement at EIU, is a source of pride and inspiration for everyone in our university community.
As a first-generation college graduate, my education from EIU prepared me well for a successful and challenging career. I am honored to provide service back to Eastern Illinois University as a member of the Eastern Illinois University Foundation Board of Directors. On behalf of my fellow board members, I encourage you to support EIU so that it may continue its long-standing tradition as a premier comprehensive university where personal connections with faculty and staff support and promote EIU students' academic success.
Susan Young, President
Eastern Illinois University Foundation
Board of Directors