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Charitable gifts reach record high

Published August 23, 2004; Category: ADMINISTRATION

Dartmouth receives $118 million during fiscal year 2004

Dartmouth celebrated its most successful fund-raising year ever with $118.1 million in charitable gifts in the fiscal year that ended June 30, nearly one-third more than it received in 2003. The increase in support was due to contributions made toward the College's upcoming Campaign for the Dartmouth Experience, which is in its nucleus phase and will be formally announced this fall.

Commitments were received from 35,845 alumni, parents, friends, foundations and corporations. The gifts will help fund dozens of programs and initiatives that support the College's most important priorities: financial aid, the academic enterprise, and residential and out-of-classroom programs.

The Dartmouth College Fund, a central component of the campaign, which raises financial aid support and unrestricted charitable dollars that keep the undergraduate student experience strong, achieved $31,452,315. Participation in the Dartmouth College Fund reached 47.4 percent of the alumni population, a 2 percent increase over last year and a rise of 6 percentage points since 2002.

"This is an extraordinary showing of loyalty and dedication from all corners of the Dartmouth community," said President James Wright.  "We're grateful for the generosity of donors and the hard work of our fund-raising volunteers. These gifts don't simply sustain the distinctive experience that is a Dartmouth education, they build upon it for the next generation."

Wright said a number of factors contributed to the effort: increased donor confidence in the economy; strong partnerships between volunteers and the College's fund-raising and alumni relations staffs; a commitment to pursue broad-based donor participation and higher levels of support; and a keen focus on the College's priorities across the institution. More than one-third of revenues to Dartmouth's operating budget are influenced by the generosity of alumni and friends.

Lead gifts to the campaign have come from William Neukom '64, whose  $22-million commitment established the Neukom Institute for Computational Science; Barry MacLean '60 Th '61, and his wife, Mary Ann, whose $15-million pledge will name the new  Engineering Sciences Center; and Barbara and  Charles E. "Ed" Haldeman Jr. '70, who are contributing $10 million to name a new building that will house three of the College's academic centers.

The Class of 1964 on the occasion of its 40th reunion presented a comprehensive gift of $35.7 million. Other notable contributions came from the Class of 1954, which made a comprehensive gift of $7.8  million and set a 50th reunion participation record of 96.6 percent.  The Class of 1979, celebrating its 25th reunion, presented a gift of  $4.6 million and achieved 65 percent in class participation. In all, 41 classes exceeded their revenue goals and 27 classes surpassed their participation goals.

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Last Updated: 12/17/08