The College raised a record $26.8 million in gifts for the fiscal year ending in June,
$8 million more than the previous year, said Dan West, vice president for College
Relations.
Meanwhile, the 86th Annual Fund reached a total of nearly $4.2 million, another new
record.
The administrative cost of raising money fell to 6.7 cents per dollar raised, compared
to about 11 cents per dollar the previous year, West noted.
The total for last fiscal year included $388,000 in federal grants, $560,000 in
foundation grants, $7.1 million in realized bequests, and $4.4 million in new or increases
in planned gift instruments.
Within the Annual Fund there were increases in the number of current parents, surviving
spouses and friends who contributed, and in the number of businesses that gave to the
Annual Business Campaign. There were increases in the total amount contributed by current
parents, former parents, non-alumni friends, graduate alumni, surviving spouses, corporate
matches, and by the Annual Business Campaign.
The Annual Fund exceeded its unrestricted goal by about $83,000, its restricted goal by
$119,000 and its overall goal by $622,000 (which includes an in-kind gift of equipment
worth $225,000).
College Relations hosted 99 alumni events in 40 cities around the country. Some 3,000
alumni attended.
The College has raised nearly $8.9 million in additional pledges and gifts since the
conclusion last fall of the Bicentennial Campaign, which raised $151 million.
College solicitors made 1,284 calls last year, an increase of 30 over the previous
year.