Changing Lives KANSAS STATE UNIVERSITY FOUNDATION 2006 CAMPAIGN PROGRESS & ANNUAL REPORT

KSU Foundation Center • 2323 Anderson Avenue, Suite 500 • Manhattan, Kansas 66502-2911 785-532-6266 • 800-432-1578 • www.found.ksu.edu Produced by the Communications Department of the KSU Foundation Photographs: Young Company/Hank Young J&C Imaging/John LaBarge KSU Photographic Services/Dan Donnert KSU College of Veterinary Medicine/Dave Adams Wichita Eagle/Jeff Tuttle KSU Foundation/Joe Montgomery Surrounded by K-State students both present and future, President Jon Wefald leads the cheers at the Changing Lives Campaign Kickoff on Oct. 7, 2005. What an incredible night of purple pride! More than 750 alumni and friends came together in Ahearn Field House to launch the public phase of the $500 million Changing Lives Campaign. When the fiscal year came to a close in June of 2006, the amazing generosity of alumni and friends had propelled the campaign to $402.5 million, and set a new record for contributions in a single year. Read more inside about the milestones, momentum, passion and progress of the Changing Lives Campaign. Passi on f or p otent ia l Discovering and nurturing individual potential is at the heart of changing lives. Scholarship awards allow students to spend more hours participating in academic, social and leadership experiences, and fewer hours working to support the cost of education.

Since the campaign began, 682 scholarships and awards were established that are helping students today. An additional 242 scholarships were established that will be funded in the future from deferred gift commitments.

Just a few of the 158 funds created during the 2006 fiscal year illustrate the passion donors feel for changing lives, and the broad areas of study they support. George and Evelyne Lawrence Milling Scholarship Thomas M. Potter Memorial Grazing Land Management Scholarship Charles Burton Family Architectural Design Award Donald and Linda Dressler Dance Scholarship William J. and Louise K. Barrett Graduate Student Fellowships in Geology von Waaden Investment Management Scholarship Hugo and Neisha Dahlstrom Accounting Scholarship Brenda and Gib Compton Teacher Education Scholarship

Coonrod Family Construction Industry Student success is a high priority for Lee and Fellowship Kathleen Borck, Larned, Kan. They recently established the Borck Leadership Scholars Edwards Engineering Dean’s Scholarship fund, which will provide 15 annual scholarship Barbara Weigand Scholarship in Apparel awards. Kathleen said, “We have a strong Marketing desire to support future leaders of our country in their quest for a KSU education.” Holly C. and E. Beth Fryer Human Nutrition Scholarship Jared J. Savage Memorial Aviation Scholarship Earl and Molly McVicker Leadership Scholarship Dr. Charles E. Cornelius Graduate Student Travel Fund in Veterinary Medicine

2 KANSAS STATE UNIVERSITY FOUNDATION Laura Dunn, a May 2006 graduate in early childhood education, works with children in the Hoeflin Stone House Early Childhood Education Center and the C.Q. and Georgia Chandler III Institute for Child and Family Studies. The early childhood education program in the College of Human Ecology currently serves approximately 100 undergraduate students, who each complete three clinical internships at the Stone House during their educational program.

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 3 The he art of it al l A great faculty is the heart of a great university, and faculty development is a central goal of the Changing Lives Campaign. Eminent faculty members attract exceptional students and bring esteem to the university through internationally significant research and teaching. K-State has a critical need for private support to help recruit and retain the best faculty.

K-State faculty members are widely acclaimed as leaders in their fields. • Three K-State professors were named Fellows of the American Association for the Advancement of Science. They are Scot Hulbert, professor of plant pathology, Richard Marston, department head and professor of geography, and Bharat Ratra, professor of physics. • Ruth Dyer, associate provost and professor of electrical and computer engineering, has been selected as one of seven Fellows of the Association of Women in Science. • C. Michael Smith, professor of entomology, is among the six new Fellows of the Entomological Society of America. He’s been invited to give 50 presentations in 20 countries. • Stephanie Rolley, Jarvis Chair and professor of landscape architecture/ regional and community planning, was named a Fellow of the American Society of Landscape Architects. • Mark Schrock, professor of biological and agricultural engineering, was named a Fellow of the American Society of Agricultural Engineers. Donors like Robert and Ann Regnier, Leawood, Kan., help ensure that K-State students not • Dennis Kuhlman, dean of K-State at only have top-notch professors, but also Salina, was named Engineer of the Year exposure to leading experts in their fields of by the Kansas Society of Professional study. The Regniers established the Robert D. Engineers, in recognition of his Regnier Speaker Series on Entrepreneurship leadership during the Virgin Atlantic this year to bring leading economic and GlobalFlyer project in early 2005. financial thinkers to K-State classrooms. • Melvin Hunt, professor of meat science, was named the Harry L. Rudnick Educator of the Year by the North American Meat Processors Association.

4 KANSAS STATE UNIVERSITY FOUNDATION Anand Desai, Ph.D., is head of the Department of Finance in the College of Business Administration, and the ConocoPhillips Faculty Fellow. Each year, ConocoPhillips provides a quarter of a million dollars to K-State for student and faculty support, and new programs. The Houston-based company is consistently among K-State’s top 50 employers of new graduates.

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 5 Prid e of p lac e Creating a learning environment that fosters lively intellectual and social interactions has become complex and costly. Developing technology has spawned new ways to deliver information, which in turn necessitates new features in buildings. The modern campus infrastructure is more complicated but more flexible, offering additional alternatives that expand the classroom experience.

A variety of media may be employed during a class session, including online video conferencing that connects students and instructors to the classroom from remote locations. Laboratories, study centers and libraries must now accommodate groups of students who are working cooperatively on projects. Wireless access is not a luxury any longer; students can watch lectures in real time from other locations or view recorded lectures via podcasts.

K-State’s generous donors have made strong strides in enhancing the technology infrastructure and providing new and upgraded facilities. More than 2 million square feet of additional space has been added since 1986. Since the Changing Lives Campaign began, more than $58.9 million from private gifts has been contributed to build and enhance university facilities.

New and refurbished space does more than add beauty and functionality to the campus — it creates pride of place and a home for the programs that advance scholarship and improve the capacity of students and faculty to change lives. Enhancing K-State’s campus is a top priority for the Changing Lives Campaign. Sid and Nearly half of the Changing Lives Susy Reitz, Salina, Kan., have made a gift to Campaign goal is earmarked for updating name the tutoring office in a new Student Life and improving facilities and the Center to be built at K-State at Salina. The technological infrastructure. Both are Reitzs are active participants in supporting vital to sustain our core campus and K-State at Salina initiatives. provide the total environment for learning and research that will secure our position as one of the Top 10 land -grant institutions in the nation.

6 KANSAS STATE UNIVERSITY FOUNDATION Teresa Shippy and Yoshi Tomoyasu are research assistant professors in Director Rob Denell’s lab in the Terry C. Johnson Center for Basic Cancer Research. The Johnson Cancer Center encourages a multidisciplinary approach with more than 40 affiliated laboratories in several K-State colleges. Research is an essential component of K-State’s mission. All faculty members contribute to the discovery and dissemination of new knowledge. With new knowledge comes the potential to change our lives for the better.

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 7 Fisca l year h ighlights Dear friends:

It is our great privilege to report remarkable success for the 2006 fiscal year. As you will see in the graph below, the combined total of cash and deferred commitments for the year was $92.8 million, an all- time high for the KSU Foundation. Of the $92.8 million total, $57.6 million was received in cash, and $35.2 million was committed through pledges and deferred gifts. There is no question that the excitement surrounding the Changing Lives Campaign is moving K-Staters to new levels of generosity.

The $500 million Changing Lives Campaign is the most ambitious, important fundraising campaign in the history of Kansas State University. Its impact will be huge. Every aspect of the university will be Paul Stephenson touched, including student success, faculty development and the entire learning environment.

State support for K-State has steadily declined to less than 25 percent of the university’s annual budget. Even with increased revenue from tuition, our university relies on gifts from alumni and friends, and our faculty’s ability to earn grants and contracts, to fund the major portion of the university’s budget.

We believe that alumni and friends who contribute to K-State do so with unparalleled passion and dedication. We are not content for K-State to merely survive — we intend for our university to thrive. To that end, more than 43,000 of us contributed to the university’s success this year.

We salute you and extend our deepest gratitude for making a difference and changing lives.

Dennis von Waaden Paul Stephenson, Chairman Dennis von Waaden, Chairman Gary Hellebust, President and CEO Executive Committee Board of Trustees KSU Foundation

$92.8 Gift activity $90 200 1–2006 $83.3 Dollars in millions $80 $70.9 Cash $70 $65.4 $67.8 Deferred $60.7 $57.6 $60 $44.8 Gary Hellebust $50 $37.3 $41.8 $54.2 $40 $44.5 $30

$20 $38.5 $35.2 $28.1 $26 $10 $16.2 $16.7 $0 2001 2002 2003 2004 2005 2006

8 KANSAS STATE UNIVERSITY FOUNDATION Changing Liv es Campaign pr ogress The Changing Lives Campaign Constituency Goal (millions) Total raised % of goal goal of $500 million will meet Agriculture $100 $73,461,822 73% priorities in K-State’s nine Architecture, Planning & Design $6 $5,205,304 87% colleges, as well as the alumni association, athletics and Arts & Sciences $35 $27,907,720 80% universitywide programs. With Business Administration $20 $18,739,868 94% the help of dedicated volunteer Education $10 $9,595,605 96% leaders throughout the country, Engineering $75 $64,198,297 86% alumni and friends have given as never before. Human Ecology $17 $14,159,254 83% K-State at Salina $5 $3,925,611 79% The graphs here represent campaign progress at the close Veterinary Medicine $35 $33,854,431 97% of fiscal year 2006. Exciting K-State Alumni Association $10 $9,366,361 94% progress has been made since KSU Athletics $90 $77,017,666 86% then, but there is still work to be University priorities $97 $65,072,720 67% done. To check out the progress Beach Museum of Art McCain Auditorium of your college or universitywide Diversity Programs Student Life program, visit us online at International Programs Technology Enhancements www.found.ksu.edu/campaign. KSU Libraries Unrestricted scholarships Totals as of June 30, 2006 $500 $402,504,659 81%

East Central Total: $14,464,468 Mountain Goal: $15,000,000 Total: $22,472,990 96% Goal: $25,000,000 90% North Central Total: $36,714,974 West Goal: $40,000,000 Total: $29,980,415 92% Goal: $40,000,000 75%

East Total: $40,298,871 South Central Goal: $55,000,000 Total: $53,229,356 73% Goal: $55,000,000 West 97% Mountain North Central Kansas Kansas South Central Total: $204,320,423 Goal: $250,000,000 East Central International 82% Total: $1,023,162 East Goal: $20,000,000 Regional totals as of June 30, 2006 5%

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 9 Corporate a nd f ound ation gi ving h ighlights The following corporate Coonrod & Associates and foundation partners Construction Co. Inc. have supported Kansas State University with cash Cooper Compression or in -kind gifts of $20,000 or more during the 2006 D.L. Smith Electrical fiscal year. Construction Inc.

A.J. & Lynda Scribante Dane G. Hansen Foundation Charitable Foundation Decatur County Feed Yard Animal Feed Supplement Inc. LLC

Archer Daniels Midland Dodge City International Inc. Foundation Eula C. Voirol Trust Bayer Corporation First Centralia Bancshares Inc. BEMA FPL Energy LLC Blick’s Phosphate Conversions LLC Gardiner Angus Ranch Inc.

Bob Bergkamp Construction Gates Capital Management Co. Inc. Inc.

Buhler Inc. George K. Baum Foundation

Burke and Associates Inc. Great Bend Farm Equipment Inc. Burlington Northern Santa Fe Foundation Hills Pet Nutrition Inc.

Cadence Design Systems Inc. Horizon Wind Energy LLC Jerry Jaax Capitol Federal Foundation I.M. Bakers National K-State has a long-standing reputation of national leadership in the Education Foundation areas of food safety and security, which heavily emphasizes the role of the biosciences. Dr. Jerry Jaax, K-State’s associate vice provost for Cargill Inc. research compliance and the university veterinarian, is a foremost Interim Health Care of expert in the biosciences, frequently called upon for his expertise in Carl M. and Ruth L. Wichita Inc. bioterrorism and threats to food safety. Jaax is helping guide K-State in Coonrod Family Foundation its mission to become a prominent national leader and collaborator in Intrust Bank bioscience. K-State is expanding its research facilities dedicated to the Cereal Food Processors Inc. food production, food safety and food security systems of Kansas and Jack Goldstein Charitable the nation. One new component is the Biosecurity Research Institute, Cessna Foundation Inc. Trust opening in October 2006, which will provide the capability to conduct research at the leading edge of food safety and security with global impact. K-State’s biosecurity and food safety scientists will have the ConocoPhillips Jellison Benevolent Society opportunity to work within an exclusive peer group partnering with Inc. industry to protect our national food supply.

10 KANSAS STATE UNIVERSITY FOUNDATION curriculum and partnerships with other Dow renews commitment to institutions of higher education which K-State diversity can lead to greater diversification at K-State. All of these initiatives have When it comes to supporting diversity, created a solid infrastructure from which K-State had a banner year. to continue our work in diversity at K-State.” This fall, K-State enrolled a record number of multicultural students. Among the new initiatives established Diversity scholarship and program through Dow’s renewed commitment is support also enjoyed an all-time high, the implementation of the Dow thanks to the generosity of Dow Chemical Multicultural Academic Chemical Company. The company has Program Success (MAPS) Bridge invested more than $2 million into its Program, a summer program for diversity partnership with K-State. freshmen multicultural engineering students. Dow Chemical Company, a leading science and technology company “The literature is very clear that headquartered in Midland, Mich., has institutions with the best retention rates funded multicultural programs and for multicultural students have bridge scholarships at K-State since 1999. This programs in academic areas where year, it renewed a previous commitment multicultural students are historically to support K-State’s diversity efforts for underrepresented,” Gordon said. another five years. “K -State’s engineering program did not Nozomi Matsumiya have this key component of retention Dow’s commitment supports scholar- programming. Now, thanks to Dow, we For K-State students in all majors, this ships, awards and programs in the will be able to bring a select group of kind of support for diversity is important College of Engineering and beyond, multicultural students to campus over to their college experiences. Dow impacting numerous aspects of the the summer and involve them in an Diversity Scholar Nozomi Matsumiya, a university experience for multicultural intense program of academic instruction, senior in biology from Kanagawa, Japan, students. advisement and campus socialization that said Dow’s support has done more than will ease the transition into their help her financially. “It was helpful “K-State is very fortunate, indeed, that freshman years.” financially, but it has also been an Dow Chemical has been our strongest opportunity for me to get to know corporate partner for diversity,” said In addition, Dow funding will support a people from diverse backgrounds. As Myra Gordon, associate provost for four-day, extended summer orientation part of the scholars program, I have diversity and dual career development. program for freshman females in coordinated four diversity lectures that “Because of Dow, the Multicultural engineering, several engineering student have allowed K-State students and the Resource Center in Hale Library will organizations, expanded recruitment community to interact with people from always have a director and operational efforts and student scholarships. different backgrounds. In that way, Dow funds to support campuswide multi- is not only helping me, but helping the cultural programs. Because of Dow, the “Future K-Staters in engineering will whole community to appreciate Multicultural Engineering Program will come into a greatly enhanced environ- diversity.” always have a director and operational ment of support and as a result, have funds. Campuswide, Dow has provided their best chances ever to excel,” Gordon funding for scholarships, lecturers, the said. advancement of multiculturalism in our

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 11 Corporate and foundation Pepsi Cola Bottling Co. of partners (continued) Marysville Inc. Kansas Soybean Commission Pfizer Inc.

Kansas State Bank PPM Energy Inc.

Koch Industries Inc. Preferred Health Systems Inc.

L.W. Baehr & Dolpha Baehr Price Young Odle Horsch PA Foundation Charitable Trust Pursell Technologies Inc. Lectra USA Inc. PWMCO LLC Lortscher Agri Service Inc. Rand Graphics Inc. Manko Window Systems Ross Foundation Mark A. Chapman Foundation Rottinghaus Co. Inc.

Max Jantz Excavating Inc. Salina Vortex Corp.

McCormick Tribune SBC Communications Inc. Ralph Richardson Foundation Seaton Publishing Co. Inc. K-State is one of the major players in a new, unique cooperative McShares Inc. venture called the Animal Health Corridor. Dr. Ralph Richardson, dean Sherwood Construction Co. of the College of Veterinary Medicine, is a member of the Animal Health Merck Company Foundation Inc. Corridor Advisory Board. “The Animal Health Corridor initiative in the greater Kansas City area Merial Limited Skyline Construction Co. Inc. opens tremendous opportunities for K-State,” Richardson said. “It gives us a close working relationship and shared vision with more than Midwest Concrete Materials Stanion Wholesale Electric 115 locally based animal health and nutrition companies and economic development organizations who understand the relationship Co. between the biosciences, animal health and human health. The Morningstar Inc. anticipated opening of a K-State campus in Olathe, Kan., will provide a Star F great base for partnerships with regional medical schools and research ONEOK Foundation institutes. This will expand programmatic growth in food safety and Steel & Pipe Supply Company zoonotic diseases, as well as comparative medicine where animals with Orthopaedic and Sports Inc. naturally occurring diseases such as cancer and heart disease may be Medicine Center used as models for humans. Steven B. Hodes DVM PA “Corporate partners will have access to the research and educational Paramount Pump & Supplies programs at K-State. Research related to animal health and compara- Inc. Stonecreek Family Physicians tive medicine has already been supported through a grants program LLP managed by the Kansas City Area Life Sciences Institute. Companies Payless ShoeSource Inc. supporting the research will have an opportunity to develop findings into new products and applications. K-State will be a prime source for The Crosby Family workforce development. We have the opportunity to learn what man- Payne Oil Company Inc. Foundation power needs are present in the Animal Health Corridor and share those needs with our undergraduate, graduate and veterinary students.”

12 KANSAS STATE UNIVERSITY FOUNDATION The Dow Chemical Company Matching gifts The Edward and Karen These are the top five corporations who Seaton Foundation have matched their employees’ gifts to K-State during fiscal year 2006. The Essmueller Company

The R.D. & Joan Dale Hubbard Foundation

The Ross and Marianna Beach Foundation

The Schwan Food Company

The Stolzer Family Foundation

The Tointon Family Foundation

Twin Valley Telephone Inc.

UGS Corporation

University Book Store

USDA Grain Inspection, Packers and Stockyard Facts about K-State matching gifts Administration The KSU Foundation is expanding its role in • Most companies have forms that must be matching gifts to better educate our alumni completed by the donor and the recipient Vanier Family Foundation and donors on their individual company’s institution. More companies are beginning guidelines and policies as well as thanking to allow employees to register their Wachovia Securities companies for participating in matching gift matching gifts online. A request is then programs that help to better our university. sent to the recipient institution, and Western Star Ag Resources Here are some matching gift facts: verification is done online again, saving time-consuming paperwork and mailing. Inc. • More than $850,000 in matching gift donations was received in fiscal year 2006. • Many companies are matching not only Wildcat Golf Inc. cash gifts, but the volunteer time their • 1,513 alumni utilized their company’s employees donate to nonprofit matching gift program. William J. and Mary G. organizations as well. Companies’ creative Breidenthal Foundation • More than 400 companies matched approaches to matching gifts indicate that employee gifts to K-State in fiscal year the programs are an integral part of an William T. Kemper 2006. effective corporate-giving strategy. Foundation

World Golf Foundation Inc.

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 13 We sa lute our v olun teer le ad ers KSU Foundation Executive Committee Changing Lives Campaign The Executive Committee is composed of the chairman, vice Honorary Chairpersons Regional Chairpersons chairman, secretary and treasurer of the Board of Trustees, the president of the university, the chairman of the K -State Alumni Ross and Marianna Kistler West Region Association Board of Directors and additional members elected Beach Rhea and Pat Serpan from the Board of Trustees. Lawrence, Kansas Danville, California The Executive Committee meets quarterly to consider policy Jim and Marcia Colbert Mountain Region and management issues and is authorized to act on behalf of Las Vegas, Nevada Robert and Betty Tointon the Board of Trustees between its annual meetings. Executive Jack and Joann Goldstein Greeley, Colorado Committee members also apply their expertise to committees Manhattan, Kansas including investment advisory, development and prioritization, North Central Region technology, budget and operations, accounting and audit, trust Robert and Marcia Hagans Gary F. Glatz and Lela management advisory and nominating. Overland Park, Kansas Beck -Glatz Dean and Lavon Morton Gurnee, Illinois Executive Committee as of June 30, 2006 Los Altos, California Kansas Paul Stephenson Eleanor Stolzer Chairman, Executive Elizabeth Rhodes Duane and Leslee Cantrell Betty Tointon Committee Mesa, Arizona Topeka, Kansas Donna Vanier Lee Harris Mitch and Juli Richmond South Central Region Vice Chairman, Executive Dennis von Waaden Los Angeles, California Dennis and Sally Committee Chairman, Board of Trustees Bill and Sharon Snyder von Waaden Duane Cantrell Manhattan, Kansas Austin, Texas Ex Officio Treasurer, Board of Trustees Duane Nellis Warren R. and Mary Lynn East Central Region Tara Cupps Provost, Kansas State University Staley Arnold and Terrie Allemang Edina, Minnesota Midland, Michigan Joe Downey Phil Phar President, Livestock and Meat Joe M. and Inge T. Tiao East Region Paul Edgerley Industry Council Manhattan, Kansas Paul B. and Sandra M. Curtis Frasier Lyle Pishny Jack and Donna Vanier Edgerley Phil Howe Past Chairman, Ex Officio Brookville, Kansas Brookline, Massachusetts Secretary, Board of Trustees Jon Wefald M. Fred Tex and Nancy Earl McVicker President, Kansas State Chase Winter Vice Chairman, Board of University Newport, Oregon Trustees Gary Hellebust Bill Sanford President/CEO, KSU Foundation Rhea Serpan Chairman, K-State Alumni Association Board of Directors

14 KANSAS STATE UNIVERSITY FOUNDATION Thane Baker Tamara Blackman Franklin Burke Board of Trustees Granbury, Texas Dallas, Texas Doylestown, Pennsylvania The foundation’s governing Janice Barclay Jerry Boettcher Chuck Burton board consists of elected Rogers, Arkansas Beloit, Kansas Manhattan, Kansas volunteers who serve four-year terms. The Board of Trustees Dick Barclay Eldon Boisseau Linda Burton meets annually to consider Rogers, Arkansas Wichita, Kansas Manhattan, Kansas foundation policies and stra- Michael Barrera Janet Boisseau Bernie Butler tegic direction. Trustees also Arlington, Virginia Wichita, Kansas Manhattan, Kansas help identify, cultivate and Jon Baum Gary Boomer Duane Cantrell solicit support for the Shawnee Mission, Kansas Kansas City, Missouri Topeka, Kansas university from individuals, Marianna Beach Kathleen Borck Leslee Cantrell corporations and foundations. Lawrence, Kansas Larned, Kansas Topeka, Kansas Trustees not only volunteer Ann Becker Lee Borck Tom Carlin their time and expertise, they Wichita, Kansas Larned, Kansas Manhattan, Kansas also provide continuous Dean Becker Nadalie Bosse Michael Carlisle financial support to the Wichita, Kansas Leawood, Kansas Lawrence, Kansas university. Charles Belew Brent Bowman Charles Chandler IV Board of Trustees as of Wichita, Kansas Manhattan, Kansas Wichita, Kansas June 30, 2006 Jeanne Belew Lorie Doolittle Bowman Dave Chelesnik Barbara Adee Wichita, Kansas Manhattan, Kansas Del Mar, California Newton, Kansas Karen Bell Kent Bradley Michael Christensen Ray Adee Manhattan, Kansas Valley Center, Kansas Waterloo, Nebraska Newton, Kansas Deloris Berland Ron Bramlage Susan Christensen Robert Allen Manhattan, Kansas Junction City, Kansas Waterloo, Nebraska Voorhees, New Jersey Steve Berland Barbie Breedlove Ann Christian Doug Anstaett Manhattan, Kansas Olathe, Kansas Manhattan, Kansas Topeka, Kansas Ann Bidwell Loren Breedlove Charlie Claar Jr. Lucinda Anstaett Round Lake, Illinois Olathe, Kansas Garden City, Kansas Topeka, Kansas Ann Bingham Ben Brent James Coffman Terry Arthur III Lake Quivira, Kansas Manhattan, Kansas Manhattan, Kansas Manhattan, Kansas Larry Bingham Dwayne Broddle Larry Coffman Douglas Ayre Lake Quivira, Kansas Wichita, Kansas St. Joseph, Missouri Larned, Kansas Beth Bird Karen Brokenicky Sally Coffman Jane Ayre Anthony, Kansas Manhattan, Kansas St. Joseph, Missouri Larned, Kansas Dan Bird Phil Brokenicky Sharon Coffman Jack Ayres Anthony, Kansas Manhattan, Kansas Manhattan, Kansas Scottsdale, Arizona James Birkbeck Mary Brooks Jim Colbert Jr. Janet Ayres Holton, Kansas Overland Park, Kansas Manhattan, Kansas Scottsdale, Arizona Mary Birkbeck Bill Brooks Marcia Colbert Bruce Bachman Holton, Kansas Overland Park, Kansas Manhattan, Kansas Centralia, Kansas Rolando Blackman Elizabeth Burke Brenda Compton Sally Baker Dallas, Texas Doylestown, Pennsylvania Wichita, Kansas Granbury, Texas

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 15 Board of Trustees as of Ann Dodderidge Roger Fingland Jack Goldstein June 30, 2006 Venice, Florida Manhattan, Kansas Manhattan, Kansas (continued) Dick Dodderidge David Fiser Joann Goldstein Venice, Florida Manhattan, Kansas Manhattan, Kansas Gib Compton Dixon Doll Barry Flinchbaugh Michael Goss Wichita, Kansas San Francisco, California Manhattan, Kansas Westport, Connecticut Randy Coonrod Joe Downey Cathy Flinchbaugh Celinda Graham Wichita, Kansas Manhattan, Kansas Manhattan, Kansas Wichita, Kansas Don Cordes Sherry Downey Bernard Franklin Jim Graham Wichita, Kansas Manhattan, Kansas Kansas City, Kansas Wichita, Kansas Bonnie Cordill David Dreiling Curt Frasier John Graham Topeka, Kansas Manhattan, Kansas Beloit, Kansas Manhattan, Kansas Jerry Cordill Kristen Dreiling Sherry Frasier Mary Lee Graham Topeka, Kansas Manhattan, Kansas Beloit, Kansas Manhattan, Kansas Nancy Coulter Don Dressler Marilyn Galle Helen Graves Disney, Oklahoma Irvine, California Manhattan, Kansas Salina, Kansas Roger Coulter Linda Dressler Nelson Galle Carolyn Grier Disney, Oklahoma Irvine, California Manhattan, Kansas Wichita, Kansas Ann Cranor Paul Edgerley Mark Galyardt Chuck Grier Shawnee Mission, Kansas Brookline, Massachusetts Atlanta, Georgia Wichita, Kansas Timothy Cranor Gary Edwards Susie Galyardt Jim Grier III Shawnee Mission, Kansas Houston, Texas Atlanta, Georgia Wichita, Kansas Tara Cupps Peggy Edwards Henry Gardiner Susan Grier Wichita, Kansas Houston, Texas Ashland, Kansas Wichita, Kansas Terry Cupps Ann Erickson Doug Gaston Jo Harbin Wichita, Kansas Manhattan, Kansas Leawood, Kansas Salina, Kansas Chris Curtin Howard Erickson Rozanne Gaston Bill Harbin Overland Park, Kansas Manhattan, Kansas Leawood, Kansas Salina, Kansas Hugo Dahlstrom III Charlie Eslinger Jeff Gates Barbara Harris McPherson, Kansas Baton Rouge, Louisiana New York, New York Leawood, Kansas Neisha Dahlstrom Shirley Eslinger Malinda Gilchrist Lee Harris McPherson, Kansas Baton Rouge, Louisiana Manhattan Beach, California Leawood, Kansas Robert Davis Richard Evers Mary Kevin Giller Marsha Hedlund Topeka, Kansas St. Joseph, Missouri Manhattan, Kansas Montezuma, Kansas Venette Davis Sharon Evers Tom Giller Ty Hedlund Topeka, Kansas St. Joseph, Missouri Manhattan, Kansas Montezuma, Kansas Bob DeBruyn Jerry Fairbanks Gary Glatz Jerod Heiman Manhattan, Kansas Goodland, Kansas Gurnee, Illinois Wichita, Kansas Amy Dobbins Joe Farrar Nick Golden Christopher Hernandez Olathe, Kansas Manhattan, Kansas Overland Park, Kansas Kansas City, Kansas Mark Dobbins Nancy Farrar Susan Golden Chris Hess Olathe, Kansas Manhattan, Kansas Overland Park, Kansas Carlsbad, California

16 KANSAS STATE UNIVERSITY FOUNDATION Ken Hewson Larned, Kansas Mary Hewson Larned, Kansas Jerry Hill Marina del Rey, California Joleen Hill Manhattan, Kansas Colleen Hodes Rockaway, New Jersey Steven Hodes Rockaway, New Jersey Elaine Hodgson Overland Park, Kansas Michael Hodgson Overland Park, Kansas Don Hoffman Mary Ice Marge Kaegi Rita Krause Hays, Kansas Colleyville, Texas Derby, Kansas Great Bend, Kansas Gretta Hoffman Rae Iman Hannah Kerschen Barbara Kruger Hays, Kansas Albuquerque, New Mexico Wichita, Kansas Henderson, Nevada Jeannie Hollis Ron Iman Rich Kerschen Lon Kruger Tucson, Arizona Albuquerque, New Mexico Wichita, Kansas Henderson, Nevada Phil Hollis Rebecca Jackson-Claar Beth Kesinger Cathryn Lacy Tucson, Arizona Garden City, Kansas Manhattan, Kansas Des Moines, Iowa Allen Homan Connie Jaynes Don Kesinger Stephen Lacy Portage, Michigan Tulsa, Oklahoma Manhattan, Kansas Des Moines, Iowa Dianne Honomichl Ann Johnson Mary Lee Kind Charles Lamphear De Soto, Kansas Lawrence, Kansas Thousand Oaks, California Lincoln, Nebraska Kevin Honomichl Jim Johnson Douglas Kitchen Jon Levin De Soto, Kansas Colorado Springs, Colorado Nashville, Tennessee Manhattan, Kansas Julie Hostetler Steven Johnson Kenny Knight Lila Levin Manhattan, Kansas Lawrence, Kansas Lyons, Kansas Manhattan, Kansas Phil Howe Steven Johnson Tamara Knight Bill Livingston Manhattan, Kansas Leawood, Kansas Lyons, Kansas Wichita, Kansas Cleve Humbert Larry Justice Joan Knoll Cheryl Lockett Manhattan, Kansas Olathe, Kansas Topeka, Kansas Overland Park, Kansas Mark Hutton Jim Kadel Loren Koch Kevin Lockett Wichita, Kansas Beloit, Kansas Marietta, Georgia Overland Park, Kansas Mary Hutton Karol Kadel Sandra Koch Beth Lull Wichita, Kansas Beloit, Kansas Marietta, Georgia Salina, Kansas Carl Ice Gial Kaegi Rick Krause Dennis Lull Colleyville, Texas Derby, Kansas Great Bend, Kansas Salina, Kansas

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 17 Board of Trustees as of Monte Miller Jr. David Nelson June 30, 2006 Manhattan, Kansas St. George, Kansas (continued) Ron Minarcini Mary Jo Nelson Marco Island, Florida St. George, Kansas Joyce Lutz Harish Minocha Larry Nettles Topeka, Kansas Manhattan, Kansas Leawood, Kansas Ronald Lutz Rich Mistler Dea Olson Topeka, Kansas Fairway, Kansas Topeka, Kansas Dan Lykins John Mollett Gary Olson Topeka, Kansas Olathe, Kansas Lawrence, Kansas Judy Lykins Kathryn Mollett Keith Olson Topeka, Kansas Olathe, Kansas Topeka, Kansas Jo Lyle John Montgomery Julie Oltjen Manhattan, Kansas Junction City, Kansas Clive, Iowa Kenneth Lyle deAnn Moore Rob Oltjen Manhattan, Kansas Mission Hills, Kansas Clive, Iowa Jan Markel Sam Moore Dick Pearson Rogers, Arkansas Mission Hills, Kansas Leawood, Kansas Lynn Markel John Morgan Ken Peirce Rogers, Arkansas Pacific Palisades, California Hutchinson, Kansas Terry Matlack Linda Morgan John Perrier Shawnee Mission, Kansas Pacific Palisades, California Dodge City, Kansas Diana McCaustland Aaron Morrison Jan Pishny Michael Rempe Manhattan, Kansas Salina, Kansas Overland Park, Kansas Windsor, Colorado Bob McCaustland Cy Moyer Lyle Pishny Kathleen Riordan Manhattan, Kansas Phillipsburg, Kansas Overland Park, Kansas Prairie Village, Kansas John McCloskey Bill Muir Randy Pohlman Michael Riordan Evergreen, Colorado Manhattan, Kansas Fort Lauderdale, Florida Prairie Village, Kansas Earl McVicker Elaine Mull Mary Pollack Roy Robinson Hutchinson, Kansas Pawnee Rock, Kansas Manhattan, Kansas Kansas City, Kansas Candy Merrill Glenn Mull Gary Proffitt Sylvia Robinson Overland Park, Kansas Pawnee Rock, Kansas Sterling, Kansas Kansas City, Kansas Fred Merrill Jr. Keith Mull Randy Rathbun Brent Rockers Overland Park, Kansas Larned, Kansas Wichita, Kansas Clive, Iowa Lauren Meyer Dennis Mullin Ann Regnier Lynne Rockers Lenexa, Kansas Manhattan, Kansas Leawood, Kansas Clive, Iowa Mark Meyer Andrew Murphy Bob Regnier Hal Ross Lenexa, Kansas Great Bend, Kansas Leawood, Kansas Wichita, Kansas Doris Miller Mary Jo Myers Sid Reitz Mary Lou Ross Manhattan, Kansas Arlington, Virginia Salina, Kansas Wichita, Kansas Joe Miller Richard Myers Deborah Rempe Bill Sanford Spring Lake, New Jersey Arlington, Virginia Windsor, Colorado Naples, Florida

18 KANSAS STATE UNIVERSITY FOUNDATION Duane Saunders Amy Lou Stephenson Greg Tucker Elizabeth Weigel Eden Prairie, Minnesota Wichita, Kansas San Francisco, California Kansas City, Missouri Denise Schneider Paul Stephenson Olive Ubel Darrell Westervelt Hinsdale, Illinois Wichita, Kansas Topeka, Kansas Manhattan, Kansas Rob Schneider John Stites Donna Vanier Jane Westfall Hinsdale, Illinois Manhattan, Kansas Brookville, Kansas Manhattan, Kansas Rhea Serpan Eleanor Stolzer Jack Vanier Douglas Weyer Danville, California Manhattan, Kansas Brookville, Kansas Lake Dallas, Texas Pat Serpan Bill Stolzer John Vanier II Herb Whitney Danville, California Manhattan, Kansas Salina, Kansas Tulsa, Oklahoma Shad Shadwick Joe Stout Mary Vanier Mary Sue Whitney Greeley, Colorado Cottonwood Falls, Kansas Manhattan, Kansas Tulsa, Oklahoma Jeannine Shadwick Mary Lea Stout Randy Vautravers Brian Wicks Greeley, Colorado Cottonwood Falls, Kansas Wichita, Kansas Georgetown, Texas Jan Shaw Veryl Switzer Dennis von Waaden Christine Wicks Ashland, Kansas Manhattan, Kansas Austin, Texas Georgetown, Texas William Shaw Marilyn Taylor Sally von Waaden Cathy Wieland Ashland, Kansas Overland Park, Kansas Austin, Texas Colby, Kansas Connie Sink Bill Taylor Edwin Wambsganss Scott Wieland Manhattan, Kansas Overland Park, Kansas Fountain Hills, Arizona Colby, Kansas Roger Sink John Teeter Eunice Wambsganss Don Wilbur Jr. Manhattan, Kansas Lenexa, Kansas Fountain Hills, Arizona Paola, Kansas Bob Sjogren Patricia Teeter Byron Warta Michael Wilds Newton, Kansas Lenexa, Kansas Newton, Kansas Manhattan, Kansas Red Skelton Jane Thiessen Marjorie Warta Larry Williams Wichita, Kansas Manhattan, Kansas Newton, Kansas Halstead, Kansas Suzy Smith Richard Thiessen Dan Wassenberg Chuck Wilson Jr. Topeka, Kansas Manhattan, Kansas Marysville, Kansas Del Mar, California Bill Snyder Bernita Thorn Jon Wefald Dave Woolfolk Jr. Manhattan, Kansas Topeka, Kansas Manhattan, Kansas Manhattan, Kansas Sharon Snyder Bob Thorn Ruth Ann Wefald Julia Woolfolk Manhattan, Kansas Topeka, Kansas Manhattan, Kansas Manhattan, Kansas Dean Spencer Ann Tiao Loma Wegerer George Yapp Netawaka, Kansas Voorhees, New Jersey Moline, Illinois Barrington Hills, Illinois Sharon Spencer Joe Tiao Vernon Wegerer Gary Younger Netawaka, Kansas Manhattan, Kansas Moline, Illinois Wichita, Kansas John Stack Frank Tillman Carol Weibert Sharon Younger Gravois Mills, Missouri Manhattan, Kansas Manhattan, Kansas Wichita, Kansas Susan Stannard Betty Tointon Warren Weibert Cheryl Yunk Mission, Kansas Greeley, Colorado Manhattan, Kansas Manhattan, Kansas Bill Stannard Mark Truitt David Weigel Dan Yunk Mission, Kansas Leawood, Kansas Kansas City, Missouri Manhattan, Kansas

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 19 Endowm ent growth sus tains K-State’s fu ture Permanent endowments and other foundation assets This chart shows the foundation’s total assets, which topped Dollars in millions $396 million in fiscal year 2006. The purple bars indicate the $396.8 portion of total assets that are permanent endowments, the $400 majority of which are held in the Endowment Pool. This pool $342.4 $319.2 earned an investment return of 13.47 percent in fiscal year $151.2 2006. $300 $282.8 $269.8 $279.3 $131.2 The green bars represent temporarily restricted assets including $137.2 donor-restricted expendable funds, quasi-endowed funds and $128.9 $124.1 $200 $126.6 unrestricted net assets. The foundation building, university real estate fund, and underwriting funds for the foundation and the $245.6 university are included in unrestricted net assets. $211.2 $100 $182.0 $153.9 $143.2 $155.2 Other foundation assets Permament endowments $0 2001 2002 2003 2004 2005 2006

$47 million transferred to the university Charitable contributions help K-State develop new programs, as permanent endowments are held in perpetuity. The gift is provide opportunities for students and faculty, and enhance invested and a portion of the annual investment return is used university life. In fiscal year 2006, the foundation transferred to support the purpose specified by the donor. The portion of $47 million to the university, a new record. The bulk of the the investment return that is available to support the fund’s $47 million transferred came from current year expendable purpose is based on the foundation’s distribution policy, which contributions. The remainder came from the annual invest- is set and reviewed annually by the Executive Committee. ment return on endowed funds established in prior years. Quasi-endowed funds are invested like a permanent endow- ment, but allow the university to utilize principal when needed. $92.8 million committed by donors In the same fiscal year, a total of $92.8 million was committed Expendable gifts to the foundation, also a new record. Expendable funds are available immediately to the designated $57.6 million was received in outright gifts of cash, real estate college or department. or appreciated securities + $35.2 million was committed through pledges or deferred Trusts gifts (not yet available to distribute to the university) In the case of trusts, donors make a contribution to the $92.8 million in total gift activity foundation to establish a trust benefiting the donor. The donor receives income from the trust for a set period of years or for The $57.6 million received in outright gifts was designated in life. No money from the trust goes to the designated university this way: purpose until the trust is terminated. $19.5 million in endowed gifts ( only investment return and earnings are available for distribution) Supporting K-State today and in the future $2.9 million in trusts (not available for distribution until a A proper balance of endowments, expendable funds and trusts later date) are vital to the welfare of Kansas State University. A university + $35.2 million in expendable contributions is typically judged by its endowment level as it represents the $57.6 million in outright gifts university’s long-term ability to offer scholarships, compensate staff and provide academic support. Expendable funding Endowed gifts provides dollars that are available today to make an immediate Endowment additions were made to both permanently impact on furthering the university’s goals. Trusts represent a endowed and quasi-endowed funds. Gifts that are designated future revenue stream for K-State.

20 KANSAS STATE UNIVERSITY FOUNDATION Inves tmen ts Two themes dominated progress in the Endowment Pool asset allocation investment department for fiscal year ______Alternative strategies 29% 2006: 1) improvements to the portfolio (private capital, marketable alternatives) and manager monitoring systems, and Domestic equity ______2) asset allocation refinements to 23% ______enhance the long-term performance of Inflation hedge 19% (commodities, real estate, timber, oil and gas) the endowment pool. ______International equity 18% ______Portfolio and manager monitoring Deflation hedge 11% systems (fixed income) • Moved performance reporting in-house to facilitate more timely and flexible reporting and monitoring maximum allocation to the return- distributions plus expenses plus inflation • Updated the endowment pool custom generating portion of the portfolio was exceeded by 0.56 percent over a benchmark for increased accuracy • Introduced tactical over- and under- 10 -year period. Meeting or exceeding the • Completed design and implementation weights into the asset allocation absolute return objective is a measure of of the investment manager database how well the endowment is attaining and the private capital database Endowment Pool returns intergenerational equity, the balancing of • Substantially completed conversion to Endowment returns at fiscal year-end current and future distributions from the electronic manager reporting, were: 13.47 percent, 15.21 percent, endowment. communications and recordkeeping 8.06 percent and 9.50 percent for one-, The investments section of the founda- three-, five- and 10-year periods respec- tion Web site was initiated to improve Endowment Pool asset allocation tively. This compares very favorably with communication of investment policies refinements relative benchmark returns as the endow- and performance results. Performance • Utilized cash flow analysis in worst case ment exceeded the benchmark in all but data is updated approximately six weeks scenarios (unexpected inflationary and the 10-year period, where it slightly after the end of each quarter; policies are deflationary events) to properly size the underperformed by 0.40 percent. The updated as changes occur. See inflation and deflation hedges, allowing absolute return objective of equaling www.found.ksu.edu/investments.

Endowment Pool performance analysis (as of June 30, 2006) Endowment Pool Relative objective 16% 15.21% Absolute objective 14.2% 14% 13.47% 13.27% The relative objective of the endowment is to seek competitive 12% investment performance compared to appropriate capital market 9.5% 9.9% measures, such as securities indices. 10% 8.94% 8.06% The absolute objective of the 8% endowment is to seek an average 6.21% total annual real return equal to or 6% exceeding the distribution policy rate; specifically the CPI plus the distribution policy rate. This 4% objective shall be measured over annualized, rolling 10 -year time 2% periods. The intent of this objective is to preserve, over time, the 0 principal value of assets as measured 1-year 3-year 5-year 10-year in real, inflation adjusted terms.

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 21 Kansas State University Foundation Manhattan, Kansas

Consolidated SFtoar ttheemyeaer nentdsedoJfunFei3n0a, ncial Position

ASSETS 2006 2005 Cash and cash equivalents $32,494,121 $25,720,691 Short-term investments and certificates of deposit 3,586,032 3,564,054 Equity investments 133,481,062 137,804,969 Book value — $107,438,473 at June 30, 2006 Book value — $ 113,068,514 at June 30, 2005 Corporate and other fixed income 51,920,421 53,098,155 Book value — $51,999,183 at June 30, 2006 Book value — $51,784,273 at June 30, 2005 U.S. Government and government agency obligations 1,352,295 1,586,697 Book value — $1,334,193 at June 30, 2006 Book value — $1,381,628 at June 30, 2005 Real estate investments 27,930,245 16,235,583 Book value — $26,218,166 at June 30, 2006 Book value — $15,340,486 at June 30, 2005 Alternative strategies 103,567,410 68,978,183 Book value — $97,773,642 at June 30, 2006 Book value — $64,552,799 at June 30, 2005 Other securities and investments 340,995 390,851 Book value — $283,721 at June 30, 2006 Book value — $357,998 at June 30, 2005 Pledges receivable, net 13,422,606 8,799,847 Receivables from estates 6,750,111 2,954,366 Loans receivable 710,861 1,639,167 Real estate and other depreciable property 19,903,983 20,195,627 Accumulated depreciation (3,853,002 ) (3,553,794 ) Net real estate and other depreciable property — Golf Course 1,745,980 1,913,451 Cash surrender value of life insurance policies 2,756,425 2,575,063 Other assets and accrued income 722,515 524,821 TOTAL ASSETS 396,832,060 $342,427,731

LIABILITIES AND NET ASSETS Current Liabilities Accounts payable, deposits and other liabilities $720,895 $1,022,856 Accrued liabilities 1,211,876 1,411,683 Assets held for others 6,172,878 4,741,853 Current obligations, unitrust and annuity liabilities 2,492,663 2,350,527 Total Current Liabilities $10,598,312 $9,526,919 Other Liabilities Unitrust and annuity liabilities, less current obligation $19,927,549 $18,201,668 Note payable — Nanoscale 1,825,868 1,895,754 Note payable — Printing Services 684,334 727,337 Mortgage payable — Golf Course 1,663,110 1,950,000 Line of credit — Golf Course 1,191,008 1,881,927 Bonds payable — Educational and Agricultural Research Facility Rev Bonds 590,000 635,000 Total Other Liabilities $25,881,869 $25,291,686 TOTAL LIABILITIES $36,480,181 $34,818,605 Net Assets Unrestricted net assets (designated) $31,590,034 $27,485,615 Temporarily restricted net assets 83,156,464 68,901,535 Permanently restricted net assets 245,605,381 211,221,976 Total Net Assets $360,351,879 $307,609,126 TOTAL LIABILITIES AND NET ASSETS $396,832,060 $342,427,731

22 KANSAS STATE UNIVERSITY FOUNDATION Kansas State University Foundation Manhattan, Kansas

ConsolidaFtoer dtheSytearteendmedeJnunteo30f, Activities REVENUES, GAINS Temporarily Permanently AND OTHER SUPPORT Unrestricted Restricted Restricted 2006 Total 2005 Total

Contributions $431,724 $42,563,012 $21,465,873 $64,460,609 $42,384,211 Investment income 2,108,145 9,505,210 700,206 12,313,561 6,524,692 Net realized and unrealized gains on asset transactions 11,276,386 1,896,140 14,696,647 27,869,173 26,647,607 Other support Operational service charges, management fees and other 3,387,251 3,387,251 3,164,252 Receipts for grants, research, supplies, travel and other university departmental activities and funding allotments, etc. 35,941 4,708,481 400 4,744,822 5,089,902 Actuarial gain/(loss) on unitrusts and annuities obligations 705,708 (1,894,251 ) (449,135 ) (1,637,678 ) (753,205 ) Net assets released from restrictions (2,692,286 ) 4,722,872 (2,030,586 ) Satisfaction of program restrictions 47,375,512 (47,375,512 ) Total Revenues, Gains and Other Support $62,628,381 $14,125,952 $34,383,405 $111,137,738 $83,057,459 EXPENSES AND SUPPORT Direct university support Scholarships and other student awards $8,731,925 $8,731,925 $6,627,739 Academic 7,390,198 7,390,198 7,230,057 Administrative — faculty and student support 22,092,443 22,092,443 19,198,714 Capital improvements 8,946,080 8,946,080 5,002,847 Subtotal $47,160,646 $47,160,646 $38,059,357 Investment — portfolio management 2,345,811 2,345,811 2,031,814 Investment — loan interest expense and write-off 389,919 389,919 506,935 KSUF administration 3,065,805 3,065,805 3,134,027 KSUF fundraising 5,561,781 5,561,781 4,502,143 Total Expenses and Support $58,523,962 $58,523,962 $48,234,276 CHANGE IN NET ASSETS $4,104,419 $14,125,952 $34,383,405 $52,613,776 $34,823,183 NET ASSETS AT BEGINNING OF YEAR 27,485,615 68,901,535 211,221,976 307,609,126 282,023,396 ADJUSTMENT TO NET ASSETS (KSUGCMRF Quasi Reorganization) 128,977 128,977 (9,237,453 ) NET ASSETS AT END OF YEAR $31,590,034 $83,156,464 $245,605,381 $360,351,879 $307,609,126

The Consolidated Statements of Financial Position and the Consolidated Statements of Activities are excerpted from the Kansas State University Foundation’s 2006 financial statements, which were audited by Varney and Associates, CPAs, LLC. For a complete copy, please view online at www.found.ksu.edu titled Audit Report or send a request to Controller, KSU Foundation, 2323 Anderson Ave. Ste. 500 , Manhattan, KS 66502-2911 .

2006 CAMPAIGN PROGRESS & ANNUAL REPORT 23 How will you change a life? The Changing Lives Campaign is entering the homestretch. If you have made your gift to the campaign, you have created a lasting legacy. If you have not yet taken the opportunity to contribute, the time is now! Please take a moment to consider how K-State changed your life. We invite you to join us in changing lives today. Produced by the Communications Department of the KSU Foundation Photographs: Young Company/Hank Young J&C Imaging/John LaBarge KSU Photographic Services/Dan Donnert KSU College of Veterinary Medicine/Dave Adams Wichita Eagle/Jeff Tuttle KSU Foundation/Joe Montgomery Changing Lives KANSAS STATE UNIVERSITY FOUNDATION 2006 CAMPAIGN PROGRESS & ANNUAL REPORT

KSU Foundation Center • 2323 Anderson Avenue, Suite 500 • Manhattan, Kansas 66502-2911 785-532-6266 • 800-432-1578 • www.found.ksu.edu