Centre College sets single-year giving record at $14 million

 

Centre College sets single-year giving record at $14 million

Posted by Student Worker in News Archive 04 Aug 2011

Despite lingering challenges to the nation’s economy, donors provided unprecedented support to Centre College this past fiscal year, nearly doubling last year’s total of $7.5 million and setting a new single-year giving record.

In total dollars, Centre received gifts from 7,565 donors amounting to $14,015,443 for the period ending June 30, 2011. According to Dr. Richard Trollinger, vice president for college relations at Centre, this is not only the highest single-year total in a non-capital campaign year but also the third-highest giving total ever in College history.

“Our gratitude for this record-setting support is immense,” says Trollinger, who oversees all fundraising efforts for the College. “We see it as testament to a strong educational mission almost two centuries in the making whose best days are still yet to come.”

Dr. John Roush, Centre’s president since 1998, is particularly grateful for how this generosity provides benefits beyond the campus itself. “By far, the strongest measure of success is our ability to continue graduating outstanding young men and women who will quickly become leaders in law, medicine, business, government, education and the arts.”

Roush adds, “Maintaining our high standards during this period of economic turmoil has, I believe, given donors confidence that we are good stewards of their support.”

A portion of the $14 million total reflects the first installment of a $15 million gift from the A. Eugene Brockman Charitable Trust for construction of a 125-bed Residential Commons, to be completed by August 2012. However, continued strong giving to the annual “Centre Fund” by alumni, parents and the senior class also had a significant impact.

Centre College alumni have led the nation over the past two decades in annual giving participation, and this year’s rate of 54 percent reflected giving above the 50 percent mark for the 31st consecutive year. As well, parent participation also exceeded the 50 percent mark, coming in at 53 percent. Not to be outdone, the 2011 Senior Class gave at 57 percent, also setting a new record with one of every three graduating seniors becoming “Centre Associates” by making a student-level gift of $100 or more. These 30 students were added to the year’s total of 1,041 Centre Associates, who each made a gift of $1,000 or more for the year.

Altogether, these high percentages of annual fund participation combined for another new record, with the Centre Fund totaling $1,759,435.

Besides continued strong annual giving support, Centre’s recent capital projects over the last eight years total nearly $100 million, all paid for through donor gifts.

In addition to current construction of the $15 million Residential Commons, other projects include a $21 million addition to and renovation of Young Hall, dedicated to science instruction and research; the new 50,000-square-foot Campus Center, a $15 million project; Pearl Hall, a $15 million residence hall project and the first such building in Kentucky to earn Gold LEED certification; a $25 million renovation of Crounse and Sutcliffe halls, the library and athletics facilities; and a $3 million renovation of the Norton Center for the Arts.

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