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Annual Report 2009-2010 - University of Rio Grande

Annual Report 2009-2010 - University of Rio Grande

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Office of Institutional<br />

Advancement<br />

Focus in the Office of Institutional<br />

Advancement continued to be<br />

on the <strong>Rio</strong> Fund (annual fund) in<br />

FY 2010. Although overall giving<br />

was down from $1.4 million to<br />

$1.2 million as Lighting the Way<br />

Campaign pledges were completed,<br />

unrestricted gifts increased<br />

from $51,041 to $129,563. Nonendowment<br />

restricted gifts grew<br />

from $430,173 to $710,698.<br />

During the year, eight previously<br />

unknown planned gift expectancies,<br />

including annuities, bequests and<br />

insurance policies, were identified<br />

through contacts initiated <strong>by</strong> the<br />

Legacy estate planning newsletter.<br />

There were also a number of<br />

anonymous inquiries.<br />

Grant Funding Provides For a Brighter Tomorrow<br />

Grant funding helped <strong>Rio</strong> <strong>Grande</strong><br />

<strong>student</strong>s pursue degrees and<br />

brighter futures during the 2009<br />

– 2010 academic year. Over $1.1<br />

million from external private and<br />

public sources helped build the<br />

understanding and skills needed <strong>by</strong><br />

<strong>student</strong>s to prepare for an extremely<br />

competitive job market. For many<br />

people caught in the disheartening<br />

situation of downsizing and lay-offs,<br />

external funding helps make the<br />

difference between despair and a<br />

promising future. External support<br />

2009-2010 Financial Report<br />

Revenue<br />

provided <strong>student</strong>s with valuable<br />

hands-on experience via internships.<br />

And, financial aid made it possible<br />

for many to enroll in classes. Grant<br />

funding also made it possible for<br />

faculty to reach out to area school<br />

teachers to help them improve<br />

mathematics and science learning—<br />

critical academic areas for future<br />

career success. Clearly, the funds<br />

invested in <strong>Rio</strong> <strong>Grande</strong> played an<br />

important part in instilling hope and<br />

confidence for a brighter tomorrow.<br />

Direct mail appeals featured<br />

individual <strong>student</strong>s and alumni,<br />

and mailings were segmented<br />

based upon prior giving history.<br />

Phonathon efforts continue each fall<br />

and spring with alumni becoming<br />

more accustomed to receiving calls<br />

from <strong>student</strong>s.<br />

Future plans include further<br />

segmentation of the alumni—<strong>by</strong><br />

major, affinity group, class, etc.—for<br />

more targeted solicitations.<br />

More and more alumni<br />

communication is being conducted<br />

electronically, including email, the<br />

<strong>Rio</strong> alumni website and Facebook.<br />

These methods have been used<br />

very successfully to organize events<br />

targeting young alumni.<br />

Expenses<br />

2010 Annual Report – Investing in People 15

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