During the college’s fiscal year that ended June 30, donors continued to invest generously in the college despite some of the worst economic times imaginable. The college received gifts totaling $14.2 million, compared to $22.6 million the previous year (an all-time record) and $13.3 million the year before. Payments on multi-year pledges from foundations and individuals held strong. Foundations led the way, gracing CC with $6.3 million of the total. Alumni and parents gave $4.1 million. A total of 13,143 donors contributed to advancing CC’s mission throughout the year.
The economy affected new, major commitments to the Achieving Our Vision campaign. Commitments slowed to $11.3 million from a pace of more than three times that in the previous two years. Commitments brought the campaign total to $157.2 million, including annual support ($43.7 million), legacy or estate commitments ($55.1 million), and major and leadership gifts ($58.4 million).
On the other hand, income from the President’s Circle, whose members each contribute $10,000 or more annually unrestricted, has grown from zero dollars in 2003 to a consistent $1.4 million per year and from well over 150 members since its 2004 inception. Similarly, 1874 Society funds have grown from $550,000 in 2004 to $1.2 million in 2008 — more than double.
For more information on the Achieving Our Vision campaign and how to support Colorado College, visit www.AchievingOurVision.com