Northwest Foundation Annual Report (FY22)

FY22: July 1, 2021 to June 30, 2022

Northwest Foundation Inc., the fundraising arm of Northwest Missouri State University, again achieved a high level of scholarship distributions and secured $5.8 million in donor funding during Fiscal Year 2022, which ended June 30.

Scholarship support remains a central mission of the Foundation, which awarded nearly $1.3 million in financial assistance through 1,420 scholarships during the last fiscal year. An increase for the fourth consecutive year, the dollar amount represents the highest awarded in the history of the Foundation as well as the highest number of donor-funded scholarships awarded.

Mitzi Marchant, the vice president of university advancement at Northwest and executive director of the Northwest Foundation, expressed her thanks to the thousands of donors and volunteers who continue to support Northwest and bolster opportunities for the University’s students.

Forty-four percent of the total funds raised by the Foundation during FY22 were cash gifts, while a total of 4,779 donors contributed to Northwest initiatives. The Foundation’s total assets under management amount to about $43.1 million, while its endowment stands at about $42.3 million. In FY22, the Foundation provided more than $6 million to the University as direct and indirect support of various needs.

Further illustrating the Foundation’s growth in FY22, The 1905 Society, which recognizes supporters who make an annual unrestricted gift of $1,000 or more, counted 150 members. Meanwhile, the Foundation’s annual giving program raised about $460,000.

The Northwest Alumni Association drew more than 10,000 attendees to more than 180 engagement activities, despite the continuing COVID-19 pandemic. The University counts about 80,000 alumni and friends of the University as members of its Northwest Alumni Association.

Additionally, last spring, for the eighth consecutive year, Northwest students celebrated alumni and friends who contribute generously to the University in support of scholarships, campus facilities and the value of a college degree during “Thank a Donor Day.”

At the conclusion of the fiscal year, Dr. Robert Burrell ended his two-year term as president of the Northwest Foundation Board of Directors, and Leisha Beckemeyer Barry is serving as the organization’s president during 2022-23.

The Northwest Foundation, a 501(c)(3) not-for-profit corporation, develops and stewards philanthropic resources for the benefit of the Northwest Missouri State University and its students. It is governed by a 36-member volunteer board and staffed by members of Northwest’s Office of University Advancement.

To make a gift to support Northwest, contact the Office of University Advancement at 660.562.1248 or give online.