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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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