Partnerships - The University of South Carolina Aiken
Partnerships - The University of South Carolina Aiken
Partnerships - The University of South Carolina Aiken
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Importance <strong>of</strong> Unrestricted Giving<br />
W<br />
chemistry lab flask<br />
basketball<br />
artist’s easel<br />
hen alumni and friends give unrestricted funds to USC <strong>Aiken</strong>, they are providing what are, in many ways, the most valuable gifts that we receive.<br />
Unrestricted giving assures USC <strong>Aiken</strong> <strong>of</strong> an unparalleled flexibility in meeting new needs and seizing opportunities as they arise. USC <strong>Aiken</strong>’s need<br />
for unrestricted funds is particularly acute during times <strong>of</strong> economic uncertainty and institutional transition. <strong>The</strong>se gifts are exactly what their name<br />
implies, funds given to USC <strong>Aiken</strong> without restrictions on how the money will be used. Unrestricted funds are especially valuable because they allow the <strong>University</strong><br />
to address immediate priorities and enhance programs not covered by the endowment or other sources <strong>of</strong> income.<br />
While it is true that unrestricted annual giving is made up primarily <strong>of</strong> smaller gifts, some donors do give very large amounts <strong>of</strong> money without conditions.<br />
Moreover, the impact <strong>of</strong> smaller gifts should not be underestimated. For example, a gift <strong>of</strong> $25 could buy a flask for a chemistry lab; $40 acquires an easel for the art<br />
department or a basketball for student-athletes; $250 benefits the library with a subscription to a quarterly journal.<br />
Alumni Giving<br />
<br />
U<br />
SCA’s alumni giving rate has grown consistently over the past few years. With a low point <strong>of</strong> 1.3% in<br />
the 2002-2003 year to 7.6% last year, our alumni are demonstrating growing support <strong>of</strong> their alma<br />
mater.<br />
Last year, almost $100,000 in donations were contributed by alumni. In addition, the USCA Alumni Council<br />
raised $13,000 for<br />
scholarships through their<br />
8<br />
fundraising efforts with<br />
the Annual Alumni Golf<br />
7<br />
Classic and the Alumni<br />
6<br />
Silent Auction.<br />
5<br />
4<br />
3<br />
2<br />
1<br />
0<br />
3.9%<br />
3.3%<br />
3.1%<br />
3.1%<br />
2.1%<br />
1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007<br />
1.3%<br />
2.0%<br />
Alumni Giving Rates<br />
5.4%<br />
5.9%<br />
7.6%<br />
Alumni are also important<br />
to the recruitment <strong>of</strong> new<br />
students. Recently, alumni<br />
were featured in the Book<br />
<strong>of</strong> Majors (shown right), a<br />
publication for prospective<br />
students. Who better than<br />
an alum to tell the story <strong>of</strong><br />
USCA