New College Foundation Raises $9.1 Million in Record-Setting Year for Philanthropy
The Giving Coast
SRQ DAILY FRESHLY SQUEEZED CONTENT EVERY MORNING
THURSDAY AUG 19, 2021 |
The New College Foundation recently marked its most successful year of fundraising in the organization’s history. According to Executive Director MaryAnne Young, the Foundation raised $9.1 million in gifts and commitments for New College of Florida in the 2020-21 fiscal year. That record-breaking level of support reflects an ongoing trend of significant philanthropic contributions to New College over the past five years. Young adds that a major portion of these funds comes from individual donors and foundations in the Sarasota-Manatee community.
“New College’s generous donors made this record-breaking year a reality—and we’re deeply grateful to all of them,” says Young. She adds, “Our ardent supporters in the local community really made a huge impact for our students. They recognize New College’s importance in this community and beyond. Their unstinting response makes it possible for us to grow, serve more students, and create productive and inspired environments for learning.”
According to Young, fundraising has become a critical financial component to institutions of higher education across the nation. “New College is no exception,” she says. “Raising funds for student scholarships and student success remains a top priority at the New College Foundation.”
Although New College is a public institution and receives generous funding from the state of Florida, private donor and foundation support make it possible to maintain its status as one of America’s leading public liberal arts colleges. “Our scholarship program closes the gap, and it makes our commitment to excellence possible,” Young says. “The gifts we receive today pave the way for our students’ future life and career success.”
Photo courtesy of New College of Florida
« View The Thursday Aug 19, 2021 SRQ Daily Edition
« Back To SRQ Daily Archive