Wesley College Institutional Giving Increases by 63 Percent
Wesley College’s Office of Institutional Advancement announced an overall increase of 63 percent in total giving to the College during the last fiscal year. Financial gifts to the Dover college increased from $738,794 to $1,206,450 in the 2010-11 fiscal year. The additional donations will not only improve the opportunities for students on campus, it also funds scholarships provided by the College.
“In the midst of a struggling economy, it is truly inspiring to see the rising level of support across the board to support the mission of Wesley College,” said Chris A. Wood, vice president for institutional advancement. “We saw increases from all of our constituents including our alumni, board of trustees, faculty, staff, foundations, businesses and the community.”
The largest increase occurred with restricted gifts which increased 73 percent from $480,065 in 2010 to $831,777 in 2011. These gifts are designated by the donor to support a specific project or program that betters the College.
The Wesley Fund increased from $258,728 in 2010 to $374,673 in 2011 – a 45 percent boost to unrestricted funds. Unrestricted gifts provide needed funding primarily for scholarship support of students.
Wesley Society membership, those donors contributing $1,000 or more per year, grew more than 24 percent from 125 to 156 in 2011. Wesley Society members signify a little more than ten percent of the total donors but their support accounted for 81 percent of the total gifts in 2011.