YOUNGSTOWN — For the 2019-20 academic year, the Youngstown State University Foundation announced receiving a record $8.54 million in support that assists YSU students.

From this fund, an all-time high of 5,394 students will receive some level of funding from the YSU Foundation.

“The YSU Foundation could not be more grateful for the commitment our donors have to YSU students,” said Paul McFadden, YSU Foundation President. “They want students to flourish and succeed while pursuing their dreams of higher education. The increase in giving could not have been possible without the kindness of alumni and friends.”

Founded in 1966, the YSU Foundation is a private, nonprofit organization that serves as the sole fundraising arm for YSU. Since 2014, the foundation has led all development operations on behalf of Youngstown State University. In the past year alone, the Foundation solicited and received $22.3 million.

The Foundation is in the fifth year of its seven-year “We See Tomorrow” campaign. More than $40 million in new endowed scholarships has been raised, including a significant increase in Endowed Chairs and Professorships, which recognize, reward and encourage YSU faculty. Prior to the campaign, only three Endowed Faculty Chairs and Professorships existed, and that number has now increased to 12.

“The most critical component of a student’s experience is the faculty,” McFadden said. “Through these endowments, we can convey the appreciation and high regard that they have on students.”

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