The Clarion University Foundation, Inc., a Pennsylvania not-for-profit corporation founded in 1969, is charged with promoting the educational purposes of, or at the request of, Clarion University.
Working closely with the Center for Advancement, the foundation has been designated by the University Council of Trustees to receive and manage private gifts and grants provided for support of the activities and programs of the University. The foundation is a not-for-profit corporation and registered charitable organization within the Commonwealth. The foundation is designated as a tax exempt charity by section 501(c)(3) of the Internal Revenue Code. The foundation is governed by an elected board of up to 24 members and currently manages an endowment of $12 million and assets of $80 million. Assets are comprised primarily of various student housing facilities and other property.
The foundation includes the development activities. Campaigns for support include annual, capital, and planned gifts and other special appeals. Sources of private support include alumni, employees, retirees, parents, students, friends, businesses, corporations, and foundations. All private gifts generated are housed with the Clarion University Foundation, Inc.
Completion, dedication and donor recognition for the three-acre, five-building, 89-bed, apartment-style student learning community at Clarion University-Venango Campus. Since 2003 over $3.8 million in private support was provided for this project.
Construction of the $5+ million Gregory Barnes Center for Biotechnology Business Development at Clarion University with financing from a state RACP grant, traditional financing and over $700,000 in private support between 2004-2009.
Completion of the $31 million Science and Technology Center, which houses many of Clarion's core programs -- including mathematics, chemistry, physics, geography, earth science, geology, molecular biology/biotechnology, archeology, nanotechnology, and anthropology -- and makes extensive use of IS-Geographical Information Systems and labs. With the center, Clarion is uniquely positioned to supply trained graduates to work in emerging fields. $3.4 million came from private support, including a $400,000 Kresge Foundation grant.
Construction of two suite-style residence halls (361 beds) on the Clarion campus.