The impact of Elon donors in 2016-17
The generous spirit of Elon donors grows stronger every year, and 2016-17 was no exception. Last fiscal year, donors contributed a record $23 million to support students, faculty and life-changing experiences that Elon inspires on campus and around the world. Thank you for being a devoted partner in Elon’s mission to transform students in mind, body and spirit.
Here are just a few highlights in philanthropy at Elon from 2016-17:
- Alumni giving increased for the eighth year in a row, with alumni participation reaching 23 percent. This stands in contrast with data showing a decline in the percentage of alumni donating to their alma maters across the nation. In addition, the Class of 2017 started their tradition of giving back to Elon in strong fashion, reaching 56 percent, and faculty and staff giving reached 76 percent.
- Donors made Elon Day 2017 a great success by giving a record $1,075,025 in honor of the annual event, which continues to inspire our community to greater heights of generosity.
- In fall 2016, we observed the groundbreaking for the Schar Center, named for Elon parents Dwight and Martha Schar, who led the fundraising effort. The building will open in fall 2018 and will be a wonderful place to gather our community to listen, learn, debate and play.
- At the dedication of the renovated and expanded School of Communications facilities in spring 2017, we celebrated the many Elon families whose support made the project possible. Included were lead donors and Elon parents Dwight and Martha Schar, Robert and Lauren Steers, David and Lynette Snow, Rob and Cindy Citrone, Brian and Jane Williams, Jim and Toni Turner, and alumni Parker Turner ’06 and Garrett Turner ’08.
- We also broke ground for Richard W. Sankey Hall, a new academic building made possible by a naming gift from parents Jim and Beth Sankey of Charlotte, North Carolina. Other donors followed with gifts to support this effort. Once Sankey Hall is open in fall 2018, the 30,000-square-foot building will provide all Elon students with technology-infused learning spaces designed to spark collaboration.
- Elon’s endowment reached $232 million by May 31, 2017. Because nearly 70 percent of our endowment is designated for scholarships, this growth has a direct impact on Elon’s ability to fill each incoming class of students with promising and engaged young students from a variety of backgrounds and experiences.
These highlights, and many more that aren’t listed, point clearly to the pivotal role that donors play at Elon. Your generosity is instrumental in bringing gifted young minds to our campus and ensuring that those students learn from talented faculty mentors on an innovative and caring campus that is among the nation’s finest.
In turn, these students leave Elon prepared to make positive contributions to their own communities and indeed, the world. On behalf of all of them, I extend to you our deepest gratitude.
James B. Piatt, Jr.
Vice President for University Advancement