Donor Support Steady in Shaky Times
In a year when economic times were uncertain, Scripps raised almost $10.1 million, the sixth time in the last decade the Colleges garnered annual support of more than $10 million. Alumnae participation held steady at 48.6%, up slightly from 48.5% the previous year, making Scripps the leader in participation once again among The Claremont Colleges. Scripps’ fiscal year closed June 30, 2009.
Two significant fund-raising initiatives were completed: $200,000 to finalize funding of the lacrosse-soccer field and name it “Alumnae Field,” matched by a challenge grant of $200,000 from an anonymous donor; and a $75,000 faculty-staff endowed scholarship for an incoming first-year student with demonstrated financial need, with preference given to a Scripps College Academy alumna. With 25% of faculty and 11% of staff making a gift, the endowed scholarship fund reached its goal within two years, one year ahead of schedule. An emeritus professor aided the effort with a challenge grant of $12,500 the first year and $10,000 the second.
Ana Collisson, assistant vice president for development, said: “I am heartened by the generous support the College has received from its constituents. In challenging economic times, alumnae, parents, and friends demonstrated unequivocally that they value the unique education that Scripps offers and want to see it endure.”
For academic year 2009-10, Scripps was able to hold tuition increases to 2.2%, and provide more than $11.5 million in financial aid to students.
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