Giving to Franklin & Marshall College reached the second-highest total in history in the 2013-14 fiscal year, which ended June 30, as alumni, parents and friends of the College donated generously to support its mission and future.
The $21 million in overall contributions was an increase of 36 percent over the previous year's total.
"There is a deep desire for engagement in the College and its future among our alumni, parents and friends, and it shows not only in their generous giving, but also in their participation in F&M events and their volunteer efforts for the College," said Matthew Eynon, F&M's vice president for college advancement.
Alumni donations totaled $5.3 million. Parents of current and former F&M students donated $1.2 million and friends of the College contributed $7.7 million. Trustees, foundations, corporations and all other donors accounted for the balance of giving.
F&M's Diplomat Athletic Club (DAC) received record support from alumni, parents and friends of the College for the fifth consecutive year. Donations totaled $628,207, a 29 percent increase over the previous year's total of $488,383.
Donors directed the largest portion of their giving to Franklin & Marshall's endowment, which received $9.1 million, the highest endowment giving total ever at the College and an increase of $5.2 million, or 134 percent year over year. Gifts for financial aid also increased substantially, totaling more than $5.4 million, an increase of 49 percent.
The Franklin & Marshall Fund's $4.3 million in gifts also was the second highest in its history. The fund, through both unrestricted and designated gifts, supports need-based financial aid, academic programs, athletics, campus life and other key College priorities.
Giving totals for the past year were aided by growing support from younger alumni as well as members of the 2014 Reunion classes. More than 1,000 alumni participated in this year's Reunion celebration in June. The Class of '64's record-setting gift, $2.3 million, was more than twice the size of the previous high mark for a 50th Reunion class, established by the Class of 1963 just a year earlier. The Class of '64's efforts secured for its members the President's Cup, which is awarded annually to the class with the highest rate of alumni giving participation. Sixty-five percent of the class contributed
In addition to giving, alumni volunteers were instrumental in Homecoming & Family Weekend, for which more than 3,000 alumni, parents and friends arrived on campus last October. They also helped organize 85 regional events, in which more than 2,500 alumni, parents and friends participated.