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Read the Institutional Advancement Report to the Board highlighting the successful completion of the Endowment Challenge and the significant gifts received for the university's endowment and annual giving. Learn about the 25th alumni reunion and volunteer efforts that contributed to this success.
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University Lake School 1.16.19Institutional AdvancementReport to the Board
The Endowment • Completed and exceeded the Endowment Challenge • Over $550,000 in gifts unlocked $500,000 match • Some gifts are multi-year pledges • Endowment = $3.8m, without further gifts/growth • 25th alumni reunion – final piece to secure 1 gift • 16 gifts, with 12 being the largest gift from the donor • Blended gifts: • A $300,000 pledge, with 45% to Endowment
The Laker Fund (Annual Giving) • Closed December 8% greater than last year • Giving Tuesday = -$15,000 • A $250,000 gift
Spring Auction • Director of Advancement, Danielle Nelson, leading • Volunteer leadership requests unsuccessful • Volunteers will continue to offer huge support • Management is pledged to return to strategic plan to not have this be Danielle’s work
Thank You Thank you for your amazing support. The Endowment Challenge and Laker Fund would not be successful without your support.