Giving to 乐播传媒 soars to record $28.2 million, more than doubling since 2013
Gifts by 乐播传媒 donors totaling a record $28.2 million in fiscal 2016 have "given us great confidence in setting ambitious goals for 乐播传媒鈥� future," said President Spencer. (Phyllis Graber Jensen/乐播传媒 College)
The 2016 Reunion classes contributed more than $900,000 to the 乐播传媒 Fund. (Phyllis Graber Jensen/乐播传媒 College)
The Class of 2016 joined the 乐播传媒 Fund with 76 percent participation in the traditional Senior Gift. (Phyllis Graber Jensen/乐播传媒 College)
The 乐播传媒 Fund total includes Parents Fund contributions of $1.1 million with 38 percent participation. (Josh Kuckens/乐播传媒 College)
Annual giving to the 乐播传媒 Fund topped $6.5 million to support academic, athletic, co-curricular, and financial aid programs. (Phyllis Graber Jensen/乐播传媒 College)
乐播传媒 alumni, parents, and friends contributed a college-record $28.2 million during the fiscal year ending June 30, an increase of 134 percent since 2013.
鈥淚t’s thrilling to share news of a record-breaking year of philanthropy by alumni, parents, and friends. Their generosity is extraordinary and exemplifies pride in community and commitment to the college,鈥� said Sarah R. Pearson 鈥�75, vice president for college advancement.
鈥淚 am deeply grateful to everyone who made 乐播传媒 a priority this year. I’m especially grateful to the more than 450 alumni and parents who supported this effort as tireless volunteers.鈥�
“Great confidence in setting ambitious goals for 乐播传媒鈥� future.鈥�
Giving to 乐播传媒 has increased 30 percent or more in each of the last three fiscal years 鈥� more than doubling since fiscal 2013, the initial year of Clayton Spencer鈥檚 presidency.
鈥淭hose who know and love 乐播传媒 have invested in the college to a remarkable degree, and we are profoundly grateful,鈥� Spencer said. 鈥淭he generosity and support of our alumni, parents, and friends have enabled extraordinary progress over the past four years, and given us great confidence in setting ambitious goals for 乐播传媒鈥� future.鈥�
Total giving to 乐播传媒 from all sources in 2016 was $28,155,471, with $13 million designated to the endowment. The $28.2 million breaks the previous annual dollar record of $24.8 million, reached in 2006.
With 47 percent alumni participation, annual giving to the 乐播传媒 Fund totaled $6.53 million, passing the goal for the year to support academic, athletic, co-curricular, and financial aid programs. The 乐播传媒 Fund total includes Parents Fund contributions of $1.13 million with 38 percent participation. In addition, gifts to the 乐播传媒 Fund through the Friends of 乐播传媒 Athletics exceeded $609,000.
The 15 classes that celebrated 乐播传媒 Reunions in 2016 contributed more than $900,000 to the 乐播传媒 Fund during the year, while the college’s youngest alumni, the members of the Class of 2016, celebrated their graduation from 乐播传媒 with 76 percent participation in the Senior Gift campaign.
鈥淕iving to 乐播传媒 has an impact on every aspect of the college experience,鈥� Pearson said. 鈥淥n behalf of the entire campus community, I offer my gratitude. It’s been a remarkable year, and we are truly thankful.鈥�
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