Philanthropic Support 2010-11
I am pleased to report that the 2010–11 fiscal year was the College’s most successful year in generating external support.
The College raised a total of $39,027,479 in gifts and pledges representing a new fund raising record at Saint Mary’s. Much of the generosity from donors came in support of capital projects. Seventy percent of the funds needed for the Athletic and Recreation Corridor Project, encompassing a new recreation center and baseball stadium, have been pledged. With construction begun in July on phase one, the project is taking shape at the front of campus.
The College was blessed with a number of estate gifts, including one from Mary Torrey Dooms. Her generous bequest enabled the current expansion of the Art Gallery as well as funds for long-term support. The estate of the late William L’Heureux ’35 established a scholarship fund for graduate business students with a donation of $731,000, the largest gift ever received for graduate student support.
The number of donors giving to the College jumped by 23 percent over the previous year to a new record high. Donors to the President’s Club increased by 28 percent to a record 645. Kudos go to the Class of 2011, who also set a record, with 54 percent of its members contributing to the senior class gift.
Beginning this summer, we launched two new recognition levels. The 1863 Society, which replaces the longtime President’s Club, was created for donors providing core annual support of $1,863 or more, and the new President’s Circle recognizes annual giving at the $5,000 level and above. In April, preceding the official launch, the first President’s Circle black-tie dinner was held at the historic Claremont Hotel for 125 guests.
Attendance at a generous slate of events for alumni, parents and friends grew as more of the College’s extended family gathered on campus and at sites around the world to celebrate their affiliation with Saint Mary’s.
We look forward to ever increasing involvement and support as the College prepares for its sesquicentennial year of celebration beginning next summer.
Keith E. Brant
Vice President for Development