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Aug. 24, 2022
Northwest Foundation Inc., the fundraising arm of Northwest Missouri State University, again achieved a high level of scholarship distributions and secured $5.8 million in donor funding during Fiscal Year 2022, which ended June 30.
Scholarship support remains a central mission of the Foundation, which awarded nearly $1.3 million in financial assistance through 1,420 scholarships during the last fiscal year. An increase for the fourth consecutive year, the dollar amount represents the highest awarded in the history of the Foundation as well as the highest number of donor-funded scholarships awarded.
Mitzi Marchant, the vice president of university advancement at Northwest and executive director of the Northwest Foundation, expressed her thanks to the thousands of donors and volunteers who continue to support Northwest and bolster opportunities for the University’s students.
“The generosity shown in the past year to directly benefit Northwest Missouri State University is a testament to the loyalty of so many Bearcats and the positive impact the University has on students, families, our community, the workforce and beyond,” Marchant said. “I can’t thank our donors enough for their belief in Northwest and supporting our dedication to providing a top-notch education and learning environment for today’s students and for future generations of Bearcats.
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Forty-four percent of the total funds raised by the Foundation during FY22 were cash gifts, while a total of 4,779 donors contributed to Northwest initiatives. The Foundation’s total assets under management amount to about $43.1 million, while its endowment stands at about $42.3 million. In FY22, the Foundation provided more than $6 million to the University as direct and indirect support of various needs.
Further illustrating the Foundation’s growth in FY22, The 1905 Society, which recognizes supporters who make an annual unrestricted gift of $1,000 or more, counted 150 members. Meanwhile, the Foundation’s annual giving program raised about $460,000.
The Northwest Alumni Association drew more than 10,000 attendees to more than 180 engagement activities, despite the continuing COVID-19 pandemic. The University counts about 80,000 alumni and friends of the University as members of its Northwest Alumni Association.
Additionally, last spring, for the eighth consecutive year, Northwest students celebrated alumni and friends who contribute generously to the University in support of scholarships, campus facilities and the value of a college degree during “Thank a Donor Day.”
Northwest students celebrated alumni and friends who contribute to the University by writing thank-you notes during last spring's “Thank a Donor Day.”
The Northwest Foundation, a 501(c)(3) not-for-profit corporation, develops and stewards philanthropic resources for the benefit of the Northwest Missouri State University and its students. It is governed by a 36-member volunteer board and staffed by members of Northwest’s Office of University Advancement.
To make a gift to support Northwest, contact the Office of University Advancement at 660.562.1248 or visit ai4f.hghgjm.com/GiveOnline.
