Annual Fund Surpasses $8 million goal in 2006-2007
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One year after the launch of The Campaign for Mount Holyoke, spirits are high as the Annual Fund exceeds the $8 million goal for the fiscal year of 2006-2007. Maria Mossaides ’73, chair of the Annual Funds Committee, credits this inspiring outcome in large part to the more than 1,100 Mount Holyoke alumnae who accepted the challenge of making a leadership gift through the restructured Cornerstone Program. With a new entry point for leadership giving of $1,837, Cornerstone giving accounted for over $5 million during this fiscal year. And nearly 100 young alumnae, who were invited into the program with gifts beginning at $100, heeded the call to help Mount Holyoke accomplish great things.
When it comes to the Annual Fund, each donation signifies a heartfelt affirmation of Mount Holyoke’s mission by alumnae, parents, and friends. These donors recognize that the Annual Fund truly sustains Mount Holyoke on the most vital level. It contributes 10 percent of the College’s annual operating budget and provides funds for financial aid, faculty salaries, a wide range of teaching and research tools, and the ongoing maintenance of the College campus. In short, it ensures excellence and access on a daily basis.
For those reasons, increasing the Annual Fund incrementally is one of the priorities of the Campaign for Mount Holyoke. This year’s record breaking success signifies that the Annual Fund is, indeed, poised to reach its $10 million goal by 2010. The fact that hundreds joined the ranks of Cornerstone donors also brings the Campaign even closer to its concurrent goal of boosting the annual giving participation rate from 45 percent to 50 percent of alumnae. Cornerstone gifts have always been key to the success of the Annual Fund, and once again, alumnae are voicing their commitment to the College through leadership gifts.
“We launched the revitalized Cornerstone Program with very high hopes,” says Maria Mossaides. “Still, all of us on the Annual Fund Committee are humbled by the overwhelming response. We’re so grateful to the many donors who did what it took to stretch a thousand-dollar gift into a gift of $1,837. To all the Cornerstone donors, whether you gave $100 or $10,000 or more, we say thank you. You’ve made a tangible difference to Mount Holyoke.”
Mossaides also is quick to acknowledge the approximately 1,200 alumnae volunteers who have spread the word about the Annual Fund and the Cornerstone Program’s leadership giving societies. “We need their dedication more than ever. We will continue to rely upon them in the coming years,” she says.
The Annual Fund, ultimately, reflects the importance of every gift. Big or small, they all count because together they add up – this time to more than $8 million. Mount Holyoke College thanks you for making it happen.
For more information about the Annual Fund and Cornerstone Program, visit the Annual Fund.
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