How does WSU generate private support?
The Wayne State University Foundation was established by the university’s Board of Governors in 1999 in response to President Irvin D. Reid’s challenge “to develop a centralized means of encouraging and managing financial support by private sources.”
The foundation is governed by a board of directors comprising prominent business and community leaders, and functions under the leadership of a chair chosen from among these individuals and a president who also holds the title of Vice President for Development and Alumni Affairs.
The foundation exists solely to serve Wayne State University. Its primary function is to promote advocacy and generate financial support for the university’s programs and activities in teaching, research and community service. Funds raised bolster undergraduate and graduate student scholarships, endow faculty chairs and professorships, advance academic and scientific programs and investigations, and enhance the campus’ physical infrastructure.
Private gifts supply the critical margin that enables Wayne State both to excel in its educational mission and to enhance its public service. The generous contributions of individuals, corporations and foundations are essential to the university’s ability
to educate, discover and serve.