| $8.4 million Reasons to Celebrate Success: University of Lethbridge Reports Increased Donor Support |
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| SW AB Content - Education |
| Tuesday, 02 February 2010 23:06 |
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Lethbridge A challenging economy has not affected the generosity of the individuals and organizations that supported the University of Lethbridge in 2009. “Last year, close to 1,500 individuals and organizations partnered with the University to raise nearly $8.4 million,” University of Lethbridge President Bill Cade said. “Of those gifts, $4.5 million was raised to support student awards. Those are numbers we can all take great pride in. “We are incredibly grateful for the support this community shows to its University. Even when times a tight, people from Lethbridge -- and many other Albertans -- have shown that they value the important role the University of Lethbridge fulfills and they recognize the importance of its contributions to our city, province and country." The University will release its 2009 Donor Report to the Community as part of its SAM magazine distribution, which takes place in late February. The document outlines key results in the University’s ongoing fundraising initiatives. An abbreviated list of financial highlights is listed below. Cade said attracting new donors and maintaining solid relationships with existing donors contributed to the increase in support from 2008, when the institution raised more than $7 million. He added that the support of volunteers in raising funds for the University and the addition of new programs – like the new student-run alumni call centre -- also played a significant role. “Our ongoing donor generosity also enabled the University to leverage more than $3 million in matching funds from the Government of Alberta through the Access to the Future Fund,” Cade said. “This has been an outstanding commitment on the part of the Government of Alberta to support our students. Since 2005, more than $12 million has been directed toward the University of Lethbridge for scholarships, bursaries and support to the institution as a result of the province’s matching program.” To show its gratitude, the U of L will host a donor recognition event on Wednesday, February 3,. 2009 DONOR REPORT HIGHLIGHTS Total dollars raised = $8,368,626 Total number of gifts = 3,619 Total dollars raised for student awards = $4,487,908 Total number of gifts for student awards = 2,386 Total number of 2009 donors = 1,483 Total number of first time U of L donors in 2009 = 652 Number of areas supported = 233
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