Program areas at Wright State University Foundation
Scholarly research is a core part of Wright State University's mission. The Foundation seeks to enhance funding for these activities by raising private support that provides personnel and operating cost coverage for various projects. Many, although not all, of the university-supported research programs are in the field of medicine. The amount of research support provided by the Foundation was $320,171.
Students at Wright State University receive a quality education that is paid partly by tuition and partly by State subsidy. The latter revenue source has declined in recent years thereby making it more difficult to finance a college education. Although Wright State remains one of the most affordable public institutions in Ohio, the Foundation seeks to offset the loss of State tuition subsidies by raising private contributions in support of student tuition payments. Distributions of student financial aid totaled $3,144,682 during the year.
Donated resources for various academic and support functions at Wright State University allows administrators flexibility to deliver quality programs to their constituencies. These contributions supplement the University's budget allocation and allow program managers to offer unique and creative learning opportunities for students. During the current year, 24% of expenses in this area related to partial or complete support of program personnel that otherwise would not have been supported by the University's operating budget. Proceeds in this area are also used to construct, renovate and rehabilitate University facilities.
Athletic programs
The Foundation entertains requests to assist with funding various University purchases and projects for the betterment of the entire campus community. The majority of expenses in the current fiscal year were made in support of the University's various recruiting, retaining and relationship goals.