UB's Annual Fund Exceeds Goal
Nearly 40 Percent Growth in Fund Over Past Four Years
August 10, 2010
Contact: University Relations
The University of Baltimore's fund for annual giving exceeded its 2010 goal, closing out the fiscal year that ended on July 1 at more than $654,000, or $4,000 over the goal. During the past four years, gifts to the annual fund have grown by 35 percent, largely through the increased contributions of UB’s alumni donors.
"We are proud to report that our annual fund is doing remarkably well in an uncertain economy," said Theresa Silanskis, vice president for Institutional Advancement. "Our fundraising success will allow us to increase support for UB's various schools, academic programs and scholarships. We hope to continue this success in the coming year."
Most donations to the annual fund are directed toward the University's Fund for Excellence, which supports each of the four schools at the University. These funds bolster a wide array of opportunities across the University that do not receive institutional or state support, including guest speakers, student travel, faculty awards and student scholarships.
Each year, the Office of Institutional Advancement sets the annual fund goal by looking at historical giving trends and aiming for at least five percent growth in total dollars raised. In the past fiscal year, UB alumni who graduated in the 1980s made up the largest percentage of donors (25 percent), followed by 1990s graduates (22 percent), the 1970s (21 percent) and the 2000s (15 percent). During that period, the average gift to the annual fund was $175.
The University of Baltimore is a member of the University System of Maryland and comprises the School of Law, the Yale Gordon College of Arts and Sciences, the College of Public Affairs and the Merrick School of Business.