ΒιΆΉΤ­΄΄ Breaks Fundraising Record During the Season of Giving

β€”ΒιΆΉΤ­΄΄ closed 2023 with a record-setting Season of Giving campaign that far exceeded previous years.

An outdoor ΒιΆΉΤ­΄΄ orange sign surrounded by cherry blossoms

Claremont, Calif. β€” Jan. 22, 2024 β€”ΒιΆΉΤ­΄΄ closed 2023 with a record-setting Season of Giving campaign that far exceeded previous years and marked a major milestone in ΒιΆΉΤ­΄΄β€™s recent fundraising history.

Propelled by the support of many alumni and families, along with several special challenges, ΒιΆΉΤ­΄΄ netted more than $1.1 million during the campaign, which started with Giving Tuesday on Nov. 28 and ran through Dec. 31.

Last year, the Season of Giving campaign raised about $500,000. This year’s total not only doubled that amount, it also surged past its goal of enlisting 625 donors to reaching 718 donors this year, an increase of more than 114%.

The ΒιΆΉΤ­΄΄ Advancement team attributed success to a significant number of alumni and families who responded to appeals and contributed during the month-long campaign. ΒιΆΉΤ­΄΄ 44% of ΒιΆΉΤ­΄΄ alumni and 33% of current families gave gifts in support of the campaign.

Another decisive factor in the campaign’s success was the use of several special challenges that incentivized the ΒιΆΉΤ­΄΄ community to participate.

These included the President’s Challenge, which was sponsored by Strom and Isabelle Thacker and promised a gift of $10,000 when 500 donors contributed to the campaign (that goal was reached). Another challenge organized by the Board of Trustees resulted in the unlocking of an additional $157,000.

Other successful challenges that unlocked gifts were sponsored by the Alumni Board, Family Leadership Council, John and Janie Barman P’20, P’27, and Lupe and Alvaro Cardenas P’25.

β€œA culture of philanthropy is vital to any school’s fundraising efforts,” said Shannon Spaccarotelli, senior director for alumni and family engagement and annual giving. β€œOur success this year is a strong sign that such a culture is thriving and growing in our community.”

Gifts raised during ΒιΆΉΤ­΄΄β€™s 2023 Season of Giving will be used to help current and future students in three areas: scholarships, internship support, and support in the areas of greatest need.

 

News Information

Published

Author

Bridgette Ramirez

Organization

  • Advancement

Media Contact

Office of Communications

News Topics

Share This