$8 million private support given KU
Nearly $8 million in private support became available for the benefit of the University of Kansas in the year ending April 30, trustees of the K.U. Endowment Association were told at their annual meeting.
"But as private support has reached new highs in almost all phases, I must report that the climate for educational fund raising has never in my 22 years of experience been so poor as it is now," Irvin E. Youngberg, executive secretary reported.
Youngberg said that even more responsible than the uncertainty caused by campus unrest is the depressed state of the securities market. He said that cultivation of future bequests is a most promising area for effort at this time.
The $8 million in "new money" is represented by about $1/2 million in gifts directly to the University and $71/2 million generated through the Endowment Association. Of that there was $6,284,000 in contributions and bequests, $979,000 in investment income and the remainder from income from properties and net gain on the sale of property.
Youngberg reported more than $900,000 was disbursed in scholarships and fellowships and more than $1.2 million in loans to students and faculty. More than $2 million was spent for aids and facilities on the Lawrence campus and $3½ million for similar projects at the K.U. Medical Center in Kansas City.
Book value of the KUEA assets rose to $27,021,000, up from $24,857,000 a year ago.
The trustees elected four alumni to the board of trustees and reelected officers.
New trustees are John Eberhardt, Wichita attorney; John O'Leary, Jr., a banker in Luray; Stanley Porter, an accountant firm executive, Tulsa, OKla.; and Robert B. Riss, Kansas City businessman.
Reelected were Dolph Simons,
Sr., Lawrence, president; Lloyd
Ruppenthal, McPherson, first vice
president; Olin Petefish, Lawr-
ence, second vice president;
Arthur B. Weaver, Lawrence,
treasurer; Irvin E. Youngbear,
Lawrence, executive secretary;
Maurice E. Barker, Lawrence,
assistant secretary; Carl Lavery,
Lawrence, assistant treasurer.
Members of the executive committee will be Michael Chalfant, Hutchinson; Howard M. Immel, Iola; Balfour Jeffrey, Topeka; and John T. Stewart III, Wellington
Chancellor E. Laurence Chalmers Jr. reported on the "12 days of campus unrest" following the $2 million fire in the Kansas Union and explained some of the decisions made during that period.
He noted that the University was not closed, no classes were cancelled and that the year's academic goals had been achieved, that the traditional Commencement program is being held, that no events were disrupted except those dislocated by the Union fire, and "the only bloodshed came when students began to go bare-footed in the spring."
On the positive side he noted 17 K.U. seniors had been named Woodrow Wilson Designates, sixth best in North America; K.U. debaters not only won the official national championship, but another K.U. team was third in the tournament, an unprecedented feat by one school; the Interfraternity Council was judged best in its size category; and Kansas won its second consecutive Big Eight all-sports championship.
Answering a query, Chancellor Chalmers said that were the Vietnam war to be ended, other issues would immediately gain the attention of students but he doubted those issues would cause so much emotion.
"The college generations of the 70's are the 'committed generation' and will work for solutions rather than demonstrating, which was a characteristic of the 'concerned generations' of the 60's," he said.
Simons told the trustees their endowment association, both in income and accomplishment, was one of the strongest anywhere, but it is important that it retain its independent status and that it guard against "growing old" by adding more young men o the board.
Robert B. Riss, retiring president of the Alumni Association, reported paid membership up nearly 15 percent during the year to about 21,000. The association had reorganized by eliminating 12 committees in favor of three.
He noted the membership had just elected to the board the youngest trustee ever, Sam Evans of Salina, a 1965 graduate; and the first Negro, Dean Nicholas L. Gerren Sr., Wilberforce, Ohio, holder of four degrees from Kansas.
Michael Chalfant of Hutchinson, retiring chairman of the Greater University Fund advisory board, said the $560,000 in the "annual giving program" was the most ever raised but that the number of donors was down 455 from a year ago—a situation existing nationally. "We received very few donations in the last three weeks of April," he said.
K. U.'s annual giving program still leads all Big Eight schools by a wide margin, both in amounts and in number of alumni and non-alumni donors.
Maurice Barker reported that the $18.6 million Program for Progress goal was topped by a million dollars to the Endowment Association and about $1
June 9
1970
Endowment Association recently had supplemented state funds by $175.000 for the Malott Hall addition and is putting $100.000 into equipment for the Space Technology building, which is financed principally by the National Aeronautics and Space Administration.
KANSAN
Youngberg emphasized that the Endowment Association was making invaluable contributions to the University through its assistance on physical facilities. Approximately one building a year has been added during the 22
years he has served as secretary, "and this is perhaps where our future challenge lies. For as state support has brought faculty salary levels to a competitive status, there has been a lag in funds for buildings," he explained.
million more in gifts directly to the University.
Youngberg explained that the
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