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LEWISBURG, Pa. — Following a year of record-breaking donor participation, the Bucknell Annual Fund has set a goal of raising $10.5 million to benefit students during fiscal year 2011, which began July 1 and ends June 30, 2011.
"The Annual Fund is the foundation of support for Bucknell," said President John Bravman. "Last year, nearly 17,000 alumni, parents and friends made gifts. Each and every contribution is essential, and we are extremely grateful. Bucknellians take great pride in the quality of the University, and I am confident that they will continue to step forward to ensure an exceptional learning experience for all students."
The Annual Fund provides resources to help Bucknell meet current operating expenses. Gifts to the Bucknell Fund, an unrestricted fund that benefits areas of greatest immediate need, are the University's top priority. The Bucknell Fund provides University administrators with the resources and flexibility to seize opportunities as they arise or meet unexpected challenges.
"Thousands of gifts, in even relatively small amounts, add up to millions of dollars very quickly," said Josh Grill, director of the Annual Fund. "Participation in the Annual Fund is an easy way to help students and stay involved with Bucknell. It only takes about two minutes to donate online — but the impact of each gift lasts for years." || What one small gift can do
Overall giving Bucknell's overall fundraising goal for 2011 is $50 million, which includes gifts and pledges to the Annual Fund as well as other types of support. This includes endowed gifts that will benefit the University in perpetuity in areas such as scholarships, the academic program, professorships and campus facilities.
"While the Annual Fund pays immediate expenses and helps all current students, endowed funds are a legacy that benefits future generations of Bucknellians," said Scott Rosevear, interim vice president of Development and Alumni Relations. "It's comparable to having a checking account and a savings account - they have different purposes, but both are essential to keep Bucknell strong."
All gifts and pledges count toward the University's $400 million comprehensive campaign, which launched in July 2007. More than $150 million has been raised to date.
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