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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