CSUSM College of Business Administration Receives $50,000 Gift

FOR IMMEDIATE RELEASE

Media Contact: Margaret Lutz | mlutz@csusm.edu

Funding supports quality education for future business leaders.

MFCU Check Presentation

Shown at the check presentation are, from left: Nancy Morris, Business Development Officer, MFCU; Neville Billimoria, Senior Vice President of Membership/Marketing & Chief Advocacy Officer; Regina Eisenbach, associate dean of CoBA,CSUSM; Jeanine Dodman, 1st Vice President of Branch Network; Melinda Newsome, associate vice president of development, CSUSM.


The College of Business Administration (CoBA) at California State University San Marcos (CSUSM) received a $50,000 gift from Mission Federal Credit Union (MFCU) to provide building and programmatic upgrades not supported through state funding.  MFCU is a member-owned organization providing high quality financial and related services to its members.  It is the second largest credit union in San Diego County.

As part of the college's naming opportunity campaign for Markstein Hall, classroom 203 was named after the credit union. In recognition of their gift two plaques have been hung, one near the entrance of the 23-seat classroom and another inside the classroom. Approximately $6.5 million has been raised in the campaign since it was launched in 2005 as the building was being constructed, including $5 million from Ken and Carole Markstein.

Donor money is being used to upgrade furniture; provide state-of-the-art technology including distance learning capabilities; and upgrade construction building materials. Additionally, donor funding supports faculty development in teaching and research efforts as well as support for the creation of new programs, including the newly created Entrepreneurship Program and Student VIP and mentoring programs.

"The support that MFCU has shown the College helps us to make a difference in this region," said CoBA Dean Dennis Guseman. "A strong, vibrant economy requires an educated workforce. To continue providing a pipeline of educated and prepared professionals it is now more important than ever for local businesses to invest in our programs. MFCU is one of those businesses taking a lead in ensuring this region's future economic viability by supporting the College of Business Administration at CSUSM."

"Mission Fed is truly honored by this unique opportunity to give back to Cal State San Marcos and your students," said Jeanine Dodman, 1st VP Branch Network, Mission Fed and CSUSM alumna. "Our credit union was founded by educators nearly 50 years ago, and we continue to be a dedicated community partner who supports the not-for-profit organizations in the areas where our members live and work."

In addition to the satisfaction that comes from changing the lives of students, donors to CoBA's naming opportunity campaign can choose to name spaces within Markstein Hall after themselves or loved ones. Naming gifts range from $2,500 for a faculty office to $1 million for a 120-seat lecture auditorium.  For more information, contact University Advancement at 760-750-4400.

About California State University San Marcos
California State University San Marcos combines the ambiance of a mid-sized, personal, modern campus with the unequaled value of the California State University. Since its founding in 1989, the campus has distinguished itself. Students benefit from the latest facilities and equipment, a superb faculty that enjoys teaching, and a rigorous academic program that prepares students for a successful life in and out of the workplace. A recent survey reported that our annual spending in the region was $161 million, generating a total impact of $307 million on the regional economy. 85 percent of CSUSM's alumni stay in the region. CSU San Marcos is located on a 304-acre hillside overlooking the city of San Marcos. It is fifteen miles east of the ocean; just thirty miles north of downtown San Diego.