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WSU launches search for next chief advancement officer

PULLMAN, Wash. — Washington State University today launched a national search for its next vice president of University Advancement and chief executive officer of the WSU Foundation. The position leads the university’s fundraising and advancement activities. » More …

WSU Foundation honors president emeritus Sam Smith

By Trevor Durham, WSU Foundation

sam-smith-headPULLMAN, Wash – The Washington State University Foundation honored emeritus professor of plant pathology and eighth WSU president Samuel H. Smith as recipient of the 2016 Weldon B. Gibson Distinguished Volunteer Award at the annual Recognition Gala Sept. 30. » More …

Schweitzer family, SEL give to Floyd medical education fund

Schweitzer-111pxSPOKANE, Wash. – Washington State University announced today that Schweitzer Engineering Laboratories (SEL) contributed $100,000 to the Dr. Elson S. Floyd Medical Education Founders Fund to honor the memory of a valued friend and community leader. Dr. Edmund O. Schweitzer, III, founder and president of SEL, presented the gift to WSU Spokane Chancellor Lisa Brown at SEL’s world headquarters in Pullman, Wash., on Thursday afternoon. » More …

Retiree tax benefit can help WSU too

New tax legislation allows — for a limited time — a way to make gifts to the WSU Foundation and other charities using individual retirement accounts (IRAs) without negative tax consequences.

 

Similar to previous legislation called the Pension Protection Act of 2006, the Emergency Economic Stabilization Act of 2008 allows distributions up to $100,000 per year per taxpayer to qualified charities from a traditional or Roth IRA.

 

The distributions are not reportable income to the plan owner, nor does he or she receive a charitable income tax deduction. The distribution can satisfy the plan owner’s required minimum distribution.

 

To … » More …

Puckett named senior VP

PULLMAN – Richard J. (Jeff) Puckett has been named senior vice president and chief operating officer for the WSU Foundation, effective Sept. 15.

He will be responsible for managing, developing and enhancing the internal operations, processes, and infrastructure of the WSU Foundation to ensure outstanding service to all college and unit personnel involved in development across WSU.

 “Jeff has a breadth and scope of knowledge about fundraising, and about WSU in particular, that makes him ideally suited for this leadership role,” said Brenda Wilson-Hale, vice president for university development and chief executive officer … » More …

MONEY WATCH

New tax legislation offers – for a limited time – a way to make gifts to the WSU Foundation and other charities using individual retirement accounts (IRAs) without negative tax consequences. The Pension Protection Act of 2006 allows distributions up to $100,000 per year per taxpayer to a qualified charity from a traditional or Roth IRA. The distributions are not reportable income to the plan owner, nor does he or she receive a charitable income tax deduction. The distribution can satisfy the plan owner’s required minimum distribution.To take advantage of this opportunity, the plan owner must be 70½ years of age by the date of … » More …

$54 million private support second highest for WSU

Washington State University ended fiscal year 2006 with a 9.1 percent increase in private support over the previous fiscal year. The university reached its second highest mark in the WSU Foundation’s 27-year history with $54,116,173 in gifts and private grants during FY 2006, which ended June 30.“The commitment to excellence demonstrated by the more than 53,000 donors is truly remarkable,” said WSU Foundation President Len Jessup. “Private support is critical to the university’s ability to offer scholarships for deserving students, carry out cutting edge research, attract and retain top faculty, and provide the margin of excellence across all programs at Washington State University.”Fiscal year 2006 … » More …

Private company, alumni giving hits $48.8 million

In an economy that has seen private support and alumni giving decline at many universities across the nation, Washington State University bucked the trend in 2002-2003. The university reached its second highest mark in the WSU Foundation’s 24-year history with $48,839,329 in gifts and private grants during fiscal year 2002-03, which ended June 30.For the second time in as many years, the number of President’s Associates individuals and organizations contributing $1,000 or more annually has set a participation record with more than 4,500 members in 2002-03, an increase of more than 7 percent.“The marked increase in support from the President’s Associates, as well as all … » More …