Background: As an independent, nonprofit 501(c)(3) organization and the official fundraising organization for Northwestern Oklahoma State University, the Northwestern Foundation & Alumni Association eagerly partners with donors to provide philanthropic support to create a stronger university and a better collegiate outcome for our students.
Established in 1959, the Northwestern Foundation & Alumni Association embraces its responsibility to inspire philanthropy for Northwestern within our local communities. We are committed to following the highest standards of service and ethical conduct when it comes to managing donors’ gifts for the benefit of the University.
Currently, state financing covers about 27 percent of Northwestern’s total operating expenses. Therefore, private investment plays an increasingly important role in the activities of the University. Each year, the Northwestern Foundation & Alumni Association transfers income from endowed funds, along with gifts from donors, to the University.
The overall endowment includes more than 300 individual funds. The overwhelming majority of these funds were restricted by donors; they can be used only for the purpose designated by the donor. The goal for endowed funds and other long-term investments is to provide a consistent level of support for the University in perpetuity.
Operating expenses: Many university foundations cover operating costs by charging fees on gifts, but we allocate 100 percent of the principal of every gift for the purpose designated by the donor. We cover operating expenses through a portion of the return on our investments.
People: Eight full-time staff members execute the Foundation & Alumni Association’s strategic initiatives through their daily work. Additionally, we hire a few part-time students to complete work on projects. Thirty-six volunteers serve on our boards and committees to provide governance and strategic direction for the organization.
Our passionate team of employees, trustees and volunteers is dedicated to serving Northwestern by helping our students achieve their aspirations. As a donor-centered organization, we are grateful to partner with donors as we tirelessly strive to execute their philanthropic intentions. We collectively encourage an atmosphere of integrity, candor, generosity, collaboration and professionalism where everyone is treated with dignity and respect.
If you have any questions about the Northwestern Foundation & Alumni Association, please feel free to contact us at 580-327-8593.