Record Annual Fund Propels College to Nearly $20 Million in Annual Contributions
Total contributions to the college for the 1997-98 year reached $19,859,000. When combined with the record 1996-97 year totals, $43.1 million was given to the college over the past 24 months.
"Hamilton could not achieve such extraordinary levels of support without the passion and commitment that so many alumni and friends feel toward this college," said President Eugene M. Tobin. "Our faculty and students benefit directly from this support, and they are deeply appreciative."
The recently completed fiscal year marked the seventh consecutive year that unrestricted giving to the college set a record, and for the fifth straight year the participation rate for the Senior Gift topped 90 percent. All totaled, 53.8 percent of all Hamilton alumni supported their alma mater, a figure that places the college among the top 10 nationally in terms of alumni support.
"People support causes that they believe in," said Tobin. "We are extraordinarily grateful to the commitment and generosity that Hamilton's alumni, parents and friends have shown again this year."
Tobin said the college is especially pleased with the alumni's support of the Annual Fund, since these gifts are used immediately by the college to fund scholarships, student research projects, presentations by guest speakers, and attendance by faculty at professional conferences.
All of the gifts received by the college during the 1997-98 fiscal year are also included in the totals for the new capital campaign that was launched officially in September 1997 and is scheduled to conclude at the turn of the century. The New Century Campaign seeks to raise $83 million for student support, faculty development, science facilities, programs and facilities that support the Arthur Levitt Public Affairs Center, and unrestricted annual giving.