Nearly 60 percent of Davidson College alumni made a financial contribution to the school during the fiscal year that ended June 30, a giving rate that keeps the small liberal arts college among the nation’s leaders in support from its graduates.
That’s up slightly from 59 percent last year, when Davidson ranked fifth in the nation in undergraduate alumni giving, according to the Council for Aid to Education (CAE), which tracks fundraising in higher education. Nationwide figures for fiscal year 2015 are still coming in, so it’s too soon to pinpoint where Davidson will land in the rankings this year, said CAE director Ann Kaplan.
Still, Kaplan said of Davidson’s alumni support, “No matter how you slice it, they have a great record in this area, and the data back that up.”
Davidson can attract and educate the most talented students in the world because of the generous support the college receives.
Carol Quillen, Davidson College president
Overall, Davidson collected $63.8 million in gifts and commitments in fiscal year 2015, the first year of public fundraising in the college’s Game Changers: Inspiring Leaders to Transform the World campaign. Combined with private donations, the college said it has passed the $257 million mark. The campaign’s goal is to raise $425 million by June 30, 2019.
“The first public year of the Game Changers campaign has been extraordinary,” said Davidson president Carol Quillen. “Davidson can attract and educate the most talented students in the world because of the generous support the college receives for scholarships, research, athletics, international experiences, internships, the arts, entrepreneurial programs and beyond.”
The school said it also broke four Davidson College records for targeted gifts: $17.7 million through the Annual Fund for Davidson, $2.7 million through the Davidson Athletic Fund, $1.8 million through the Parent Fund for Davidson, and $1.5 million for WDAV, the college’s public radio station.
Davidson also reported $17.4 million in planned gifts, which are proceeds from investments, willed assets, etc.; and $12.6 million from classes holding reunions in 2015. Ninety-one percent of the college’s class of 2015 also contributed to the school financially, Davidson reported.
Among the other figures released by the school:
▪ 591 Davidson College-funded scholarships were awarded to 1,156 students. Of those, 195 student athletes received support from 97 scholarships.
▪ For the class of 2015, 74 percent of students had an international experience during their time at Davidson, with 64 percent participating in a study abroad program.
▪ Approximately 315 jobs, internships and fellowships were posted by alumni and parents through the Center for Career Development, resulting in 132 hires.
▪ Entrepreneurial experiences included approximately 25 internships, 17 students involved in a start-up weekend, 30 conference and workshop attendees, 10 mentorship opportunities, five-job shadowing experiences and more.
▪ 17 Davidson Impact Fellowships for recent graduates were created and filled.
Davidson also noted that more than 75 percent of the 465 graduates from the class of 2014 are employed, are serving as interns or are serving in the military or volunteer service.
“Saying thank you to the many alumni, parents, organizations and friends who give to Davidson year after year feels inadequate when we look at the many incredible opportunities afforded to our students through their contributions,” said Eileen Keeley, vice president for college relations.
John Deem is a freelance writer: firstname.lastname@example.org.