The State of Public Higher Education - 1998
State Policy Goal 9
External Funds: The universities will increase non-state financial support.
The universities must increase non-state financial support if they are to earn funds from the fifth incentive fund. The objective is to find additional funding sources from gifts and grants. Targets will be set for each of four types of non-state sources; these are annual gifts to the endowment, grants and contracts, scholarships, and capital funds.
Endowment funds are established funds of cash, securities or other assets provided to the universities’ affiliated foundations in perpetuity or for a specified period of time.
Grants and contracts originate from federal and local governments, private foundations, corporations, and individuals.
Scholarships are endowed and current fund scholarships financed by foundations, outside scholarships funded by private individuals, corporations and other third parties.
Capital funds are resources used to maintain, repair, renovate and construct campus buildings, purchase equipment, and acquire real estate. These funds are generally one time in nature and are received from capital campaigns conducted by their affiliated foundations, local governments participating in joint-use facilities, external foundations, and individuals donating cash or gifts of real and personal property.
External Funds Revenues
Universities |
Base Year |
Target |
| BHSU | $1,015,840 |
$1,186,339 |
| DSU | $875,655 |
$977,234 |
| NSU | $1,302,668 |
$1,403,585 |
| SDSMT | $5,675,481 |
$5,809,263 |
| SDSU | $13,092,907 |
$10,271,434 |
| USD | $12,348,712 |
$12,488,409 |