The Annual Fund enables students and faculty to experience and achieve more. Your gift is important each and every year. All gifts, regardless of size, play an important role in allowing Lafayette to become the best institution it can be. We seek to raise $75 million for the Annual Fund during the Live Connected, Lead Change campaign.
Gifts to the Lafayette Annual Fund are vital to ensuring innovation and excellence at Lafayette. Each year, thousands of alumni, parents, and friends make contributions to the Annual Fund, which covers approximately 8% of ongoing operating costs. Your support is important and appreciated.
Alumni participation – the percentage of graduates who make a financial contribution to their alma mater – factors into college rankings and influences how people view the quality and value of a Lafayette education. Every gift matters every year. All gifts, regardless of size, play an important role in helping Lafayette become the best institution it can be.
Because they are used in full during the fiscal year in which they are received, gifts to the Annual Fund have an immediate impact on our capacity to provide a wealth of opportunities to our students. And these opportunities enable these young scholars to become critical thinkers, problem-solvers, visionaries, and leaders who will re-imagine and transform the world.
Under Lafayette’s current policy of spending five percent of an endowment’s value each year, it would require a $20,000 endowed fund to match the benefit the College receives from a $1,000 Annual Fund gift.
When gifts to the Annual Fund are made without restrictions on their use, they give the College the flexibility to allocate resources strategically, taking advantage of unexpected opportunities to fund new educational programs and strengthen existing ones.
Gifts to the Annual Fund cover immediate needs that funding from other sources, including tuition revenue and endowment earnings, are not always sufficient to meet. These include: