University Fund Raising Hits All-Time Highs

Posted: August 3, 2009 at 1:05 am, Last Updated: August 4, 2009 at 11:07 am

By Corey Jenkins Schaut, MPA ’07

In the past fiscal year, George Mason University raised the most gifts and pledges in its history, from a record number of donors, according to Marc Q. Broderick, vice president for university development and alumni affairs.

During fiscal year 2009, which ended on June 30, Mason raised more than $34.4 million. This surpasses the previous high of $33.8 million raised in fiscal year 2006.

“Despite difficult economic circumstances, we were able to raise significant funds to move the university closer to its strategic goals,” he says. “I’m proud of the strong foundation we’re building for Mason’s future.”

University President Alan Merten expresses his gratitude to the thousands of donors for these results.

“Mason’s community has once again shown us extraordinary support,” says Merten. “These gifts invigorate Mason and open up a range of possibilities across the university.”

Mason received three commitments in the millions during FY 2009: a $10 million pledge from the de Laski Family Foundation founding the Center for Consciousness and Transformation; a $2.5 million gift from the Charles G. Koch Charitable Foundation supporting the Mercatus Center; and a $1.5 million gift from the International Institute of Islamic Thought establishing the IIIT Chair in Islamic Studies.

The Annual Fund raised nearly $2 million in unrestricted funds for the university.

Of the funds raised, more than $25 million went to support faculty and research endeavors, while nearly $3 million went to student aid.

Since the start of the fiscal year on July 1, 2008, contributions were received from a total of 13,839 donors, the highest number in university history. Similarly, more Mason faculty and staff members gave back to the university than ever before, with 648 contributing.

The Mason Jar Challenge, which awards a special trophy to the university office contributing the most to the Annual Fund, was inaugurated this year. The trophy went to Intercollegiate Athletics, which had 75 percent of its staff participating. The office gave more than $18,000.

For more information on giving, see the Supporting Mason web site.

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