$159.1 million raised in 2007
Dartmouth celebrated another successful fund-raising year with $159.1
million in charitable gifts during the fiscal year that ended June 30, 2007.
Broad participation by College and graduate school alumni and friends and
strong support for the goals of the Campaign for the Dartmouth
Experience accounted for the results, which kept pace with last year's
record $160.3 million in gifts.
During the year, 40,906 alumni, parents, friends, foundations, and
corporations made contributions to help fund programs and initiatives that
support Dartmouth's most important priorities: admitting talented students
regardless of their financial circumstances; providing an intimate learning
environment based on close student-faculty interaction and collaboration across
disciplines; and advancing facilities projects that sustain a sense of place
and community, encouraging the full range of talents, interests and abilities
of its members.
"All of us at Dartmouth are awed by the ongoing commitment and generosity of
our alumni, parents, and friends," says President James Wright. "Their
investment in our strategic goals and priorities means the College will
continue to provide the finest educational experience in the country. I'm
particularly pleased that more and more younger alumni step up every year and
continue Dartmouth's long-standing tradition of giving."
The Dartmouth College Fund
(DCF) raised a record $39.1 million in unrestricted gifts, a 27 percent
increase over the $30.7 million raised last year. The percentage of donors
remained steady at 51 percent. Contributions to the DCF account for
approximately one out of every ten dollars in the College's annual budget and
give the College the resources to act on new initiatives and enhance student
services throughout the year. They support academics and need-blind admissions,
underwrite athletics, and sustain a variety of programs—from first-year trips
to foreign study—that benefit every student.
This year's DCF total includes significant growth in the Parents and Grandparents Fund, which
raised nearly $2.5 million in unrestricted gifts from 1,839 families—a 60
percent increase in the amount raised from last year and a 21 percent increase
in donors.
Eighty percent of the Dartmouth Class of 2007 made donations to the
College, breaking the participation record held by the Class of 2006, which stood
at 73 percent. The students raised $15,145, just shy of last year's total.
However, gifts from parents and friends brought the total to $23,326. An
additional $80,000 from alumni challengers Barry MacLean '60, Thayer '61; Brad
Evans '64; Peter Fahey '68, Thayer '70; Ed Haldeman '70; and Karen Francis '84,
and $50,000 from an anonymous donor brought the total amount to $153,326. All
money raised by the
Senior Class Gift goes toward student scholarships.
Bequests and trusts accounted for $24 million of the year's total, a 62 percent
increase over the previous year. Investment from foundations and corporations
also totaled $24 million, the second-highest total ever from these sources.
The Campaign for the Dartmouth Experience, the largest fund-raising effort
in Dartmouth history, has raised $877.3 million as of June 30. This is 67.2
percent of the $1.3 billion goal, realized over 66.7 percent of the campaign
time line. Through the campaign the College is seeking investment in four
initiatives: to advance leading-edge teaching and scholarship, to enhance
residential and campus life, to more fully endow its financial aid program, and
to raise unrestricted dollars. The campaign is institution-wide, embracing its
undergraduate and graduate programs in the arts and sciences and its three
professional schools—Tuck School of
Business, Thayer School of
Engineering, and Dartmouth Medical
School.
"Several thousand alumni and parent volunteers made these results possible,"
says Carrie Pelzel, vice president for development. "Led by our campaign
co-chairs Brad Evans '64 and Peter Fahey '68, these men and women demonstrate
the power of volunteerism and the deep commitment they have to
Dartmouth."
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