2022-2023 Impact Report

Stout University Foundation Impact Report for 2022-2023 fiscal year

Stout University Foundation Impact Report 2022-23 Fiscal Year

Thank You "2022-2023 was a time of significant growth for the University and the Foundation. Whether you contributed to a scholarship or you chose to bolster the developments on campus that will shape students’ lives and educations for years to come, your gifts made an indelible impact at the

University of Wisconsin-Stout. Thank you for your unwavering support, we are incredibly grateful."

Katharine Reed Vice Chancellor for University Advancement & Alumni Relations, Executive Director of the Stout University Foundation

Impact Report July 1, 2022 to June 30, 2023

“Providing a high quality, championship level experience is at the forefront of capturing the hearts and minds of our athletes. Whether it’s an upgrade to our training spaces, gameday improvements, training tables, or academic needs, these gifts large and small add up to make our experience second to none, not only amongst our peers, but increasingly throughout the nation.” Commitment to Athletics

Funds Raised

$8,632,786.51

Individuals

$2,564,652.48

Corporate & Foundation

$2,799,134.03

Estate Gifts

$3,269,000.00

Jim Lake, Head Coach of Men’s Basketball

Student Emergency Fund

32%

29%

A total of $10,879 was awarded to 18 students as part of the Student

Emergency Fund this year. "The student emergency fund helped me during a time

38%

when I wasn't sure if I would be financially stable enough to continue my education. It gave me hope in a time when I didn’t have another resource or place to turn. Because of the help that I received, I can continue my education here at UW-Stout."

KZ Lor, current UW-Stout Human Development & Family Studies student

Impacting Students Total Fundraising increase

in Scholarships Awarded in FY23 $1.2M Raised on Stout Gives Back Day $400K Total Raised in Estate Commitments $3.27M • 673 students received scholarships • 1,816 donors • 127% increase in corporate giving • 205% increase in athletic fundraising • 75% of first-year, full-time UW-Stout undergrads receive some form of financial support

Hoeft Builders "It feels great to be at a point in life where we can start giving back," said Luke Rykal (’05), co-owner of Hoeft Builders. Fellow co-owner Jay Rideout (’04) agreed. “This takes me back to when I was going to Stout, and I’d see different rooms named for donors. Now that we’re part of that, it’s pretty special.”

It feels great to be at a point in life where we can start giving back.

The co-owners of Hoeft Builders, from left, are Luke Rykal, Peter Hoeft and Jay Rideout.

Foundation Scholarships

673 students like Abbie received over $1.2 million dollars in scholarship support from the Stout University Foundation in 2022-2023 because of donors like you. “I plan to work in a juvenile detention facility here in Wisconsin to make sure inmates are getting the proper mental health treatment while they are incarcerated... This scholarship allows me to afford to take some time off work to dedicate to on-campus events and my studies, which are extremely important to me, since I hope to graduate with a 3.5 GPA or higher.”

Abbie Aasen, a junior majoring in Psychology, was a featured speaker at the 2023 Stout Foundation Scholarship reception.

Contact Us

suf@uwstout.edu 715-232-1151

320 South Broadway Menomonie, WI 54751

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