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GW Fundraising Breaks Records
August 30, 2012
Fiscal year 2012 contributions were 6 percent above the goal.
Fiscal year 2012 was an extremely successful one for fundraising, thanks to generous contributions from alumni, parents and friends of the university. The record-breaking total of $120,120,468 is 6 percent above the fiscal year 2012 goal, and 12 percent above the fiscal year 2011 goal.
“I’m very pleased with this result,” said Vice President for Development and Alumni Relations Mike Morsberger, “especially in light of the slow economic recovery and that 2012 is a national election year.”
“There are many highlights this year, but among the best was the Senior Class Gift Campaign,” he added. “Thanks to a $50,000 challenge from trustee Nelson Carbonell, B.S. ’85, and his wife, Michele, the class of 2012 shattered all previous senior class participation at 50.5 percent and raised a total of $93,492. This really puts us among the best of our peers with student giving programs.” Mr. Morsberger also called the 100 percent giving participation rate of university leadership and the Board of Trustees “a special point of pride for George Washington.”
Significant gifts to the university in fiscal year 2012 included $25 million from the partnership with The Textile Museum and an $8 million gift from the Churchill Centre to establish the National Churchill Library and Center at the Estelle and Melvin Gelman Library.
Undergraduate alumni participation grew slightly to 9.2 percent. Overall, more than 13,000 alumni gave an annual gift to the university. In addition, more than 14,000 alumni connected with the university through various programs and the more than 400 alumni events held around the world.