07.26.10 | posted by Joe Hice |
Alumni giving at Trinity College explodes, powered by matching gift challenge
By AMANDA FALCONE, afalcone@courant.com
About a year ago, an anonymous donor offered Trinity College in Connecticut a $5 million endowment — with a catch.
To get the money, the college had to achieve a gift participation rate of at least 55 percent among its 20,000 living alumni.
After a yearlong campaign, Trinity is celebrating. More than 11,000, or 55.34 percent, of the college’s alumni donated money last fiscal year, helping the school secure the challenge endowment and achieve a record $9 million in gifts for its annual fund. It was the largest number of alumni donors in the school’s 187-year history.
The alumni gift participation rate was 47.41 percent in the 2008-09 fiscal year.
The endowment will help eight to 10 more students get financial aid from Trinity, said Ron Joyce, Trinity’s vice president for college advancement. For those who qualify, the average financial aid package is $30,000 per student each year, Joyce said, explaining that Trinity’s tuition, and room and board fees total about $50,000 per year. (more…)


Joe Hice, APR, CPRC, Raleigh, NC.
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