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| Dear Friends and Supporters: On behalf of the Alcorn State University Foundation, I would like to extend a special thanks to our donors for their outstanding support during the 2005 - 2006 year. The Foundation is committed to the continuous success of Alcorn State University. Each year we have maintained an unqualified audit. Despite the decline in financial support for public colleges, the Foundation continued to provide funding to assist students based upon the desires of the donor. We are committed to working with our investments managers so that we can make the best possible decision to offset the instability of today’s economy and stock markets. As we celebrate our achievements and approach new challenges, we welcome your continuous support. Best wishes to each of you in the year ahead. Sincerely, Robert D. Gage, IV Chairman Board of Directors |