Ä¢¹½TV Celebrates Record-Breaking Fundraising, Remarkable Engagement, Extraordinary Impact
July 22, 2024
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- Danielle Strickland
Ä¢¹½TV wrapped up a tremendous fiscal year June 30, 2024, celebrating a record-breaking fundraising total of $130.8 million.
The previous record was $115 million. This year’s historic total includes $19.4 million given through The Fund for Ä¢¹½TV and $31.8 million received for the college’s endowment.
$130.8 million
Ä¢¹½TV's fundraising total for the 2023-24 fiscal year
“What a year for Ä¢¹½TV! Record-breaking totals reflect the loyalty and commitment of our community,â€� said President Doug Hicks ’90. “I’ve known for a long time that Ä¢¹½TV people show up for Ä¢¹½TV, and they show up in every way, eager to support our students and our future. I can’t wait to see what we, together, will accomplish in the coming year. I want to offer my sincere gratitude to every person who chose to make the ’Cats a priority this year. You make so much possible.â€�
Fundraising highlights:
- More than $15.5 million was raised in support of scholarships, helping Ä¢¹½TV continue its policy of admitting students without looking at what applicants can pay and meeting the full demonstrated need of students without including loans in financial aid packages.
- More than 1,200 young alums who graduated in the last decade made a gift.
- The college celebrated more than 1,280 household gifts at the Ne Ultra level. The Ne Ultra Society is Ä¢¹½TV’s leadership annual giving society.
- raised more than $8.6 million this fiscal year, helping coaches and scholar-athletes compete to win across the institution’s 21 Division I programs.
- More than 85% of the anticipated costs has been raised for the upcoming library transformation project, which will create The George Lawrence Abernethy Library.
- The visual, literary and performing arts, including , raised more than $2.4 million in support.
- Alumni giving rate continues to be ranked in the top five of all colleges and universities (41%).
This year also welcomed the November launch of the women’s philanthropy initiative, Women ACT, introduced as part of the college’s 50+ Years of Coeducation celebration. New leadership contributions to the initiative exceed $11 million, surpassing the $10 million goal, with donors representing women alums (spanning 1977-2017), family members, former faculty and staff members, and current and former members of the Board of Trustees. The Wildcat Women Fund, as a new Fund for Ä¢¹½TV designation within the Women ACT effort, has welcomed more than 420 donors and commitments exceeding $1.1 million against a $1 million goal to this year’s priority area, student health and well-being.
“Each gift received from alums, families, faculty, staff and friends strengthens Ä¢¹½TV’s ability to assist students in developing the skills and character to lead and serve,â€� said Brad Martin, associate vice president for development. “Our community’s commitment to excellence is evident in the outcomes of this phenomenal year. People who love Ä¢¹½TV want to see it succeed, and they take the necessary steps to be a part of that success, as donors, volunteers, mentors, advisers and more.
In addition to generous philanthropy, 62 percent of Ä¢¹½TV alums and 75 percent of Ä¢¹½TV families with current students engaged with the college as volunteers, mentors, donors, event participants and more. This year, the regional chapter program was successfully relaunched post-Covid with 22 chapters and more than 80 new and returning volunteers. The college is committed to creating a community where all alums, parents and friends have an opportunity to connect with Ä¢¹½TV.
$15.5 million
raised in support of scholarships
“Find us a better group of alums and families … we’ll wait,â€� said Deidra Smith, senior director of alumni and family engagement. “Every day, we hear from Ä¢¹½TVians who are passionate about this special place, and they want to make a meaningful, lasting difference for campus, for our students and for each other. They give selflessly and endlessly. That isn’t something every institution enjoys, and we are fortunate.â€�