Posted on Monday, September 12, 2011
Westminster College raised more than $5.2 million during the past fiscal year (July 1 - June 30), a 25% increase over the previous year.
More than 5,100 friends invested in Westminster, including 3,721 alumni. Westminster's 26% alumni participation rate was well above the 9.6% average for all colleges and universities.
"We are blessed to have alumni and friends who remain engaged and committed to Westminster College," said Westminster College President Dr. Richard Dorman. "The generous support of our donors enables Westminster students to receive an educational experience that is second to none and to enjoy the many benefits that an independent, small liberal arts college has to offer."
Westminster alumni give much more than money, according to Gloria Cagigas, vice president for institutional advancement. "Westminster alumni are extremely generous in sharing their time and talents with our students. Through nominated merit scholarships and referrals, our alumni help recruit about 30% of each incoming class."
The Westminster Fund, Westminster's annual giving program, raises funds each fiscal year from alumni, parents, friends, corporations and foundations to support scholarships, academic departments, library resources and athletic programs. The Westminster Fund totaled $1,269,820 last year, a 7.5% increase over the prior year.
Approximately 98% of Westminster students receive scholarship assistance. The income from tuition and student fees covers approximately 70% of the cost of a Westminster education. The gap is funded by the College with endowment revenue and contributions to the Westminster Fund for unrestricted support and scholarships.
Contact Cagigas at (724) 946-7368 or email for more information about Westminster College's Institutional Advancement division.