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July 4 Hartford Business Journal By Michael Stores, Vice President of College Development at Trinity College. Casey College’s already successful fundraising efforts to raise $ 500 million have provided City College’s key financial lifestyles.
“Casey said the college raised $ 253 million in mid-June and is fast approaching $ 500 million by 2025,” the statement said. The previous major campaign was closed in 2009 with $ 369 million.
such as HBJ Notes: The money raised for college fundraising campaigns goes to scholarships, financial support, teachers, infrastructure, athletics, gifts, and operating expenses, which contributes to the overall financial health of the college.
According to the article, Trinity is “coordinated with friends, supporters and alumni, and occasionally receives great support from donors. These include a recent $ 10 million grant from the Borgis family for financial assistance and a recent $ 5 million donation from trustee Henry Malari-de Oria.
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Casey said the $ 20 million, or $ 100 million, fundraising campaign is part of the ongoing fundraising campaign. An additional $ 100 million will be used for the college’s core educational needs, $ 80 million of which will support an annual operating budget of $ 137.9 million, $ 65 million for athletics, and $ 10 million to renovate the college’s magnificent campus prayer.
“We have increased our financial assistance programs by more than 50%,” Casey said. “These campaigns allow us to open the door for students to come here, regardless of their financial needs.
The Trinity has about 10,000 donors for a variety of reasons, says Casey. Although there are organizations and foundations that financially support the school, he said 75% of the donations come from students and parents.
“Most of them give back and pay in the future,” he said. “These people understand and value the mission of the college. Next year we will celebrate the 200th anniversary of the college.
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