Newberry College reaches fundraising milestone

Staff Report

Staff Report

NEWBERRY — Newberry College achieved its second consecutive year of record-breaking fundraising, bringing in $4,223,237 in gifts and pledges for fiscal year 2015, which ended June 30, 2015.

The total surpassed the previous fundraising high water mark of $4,058,000 achieved last year.

“Our continued fundraising success underscores that our alumni and friends see exciting things happening here and want to be a part of shaping our future,” said Newberry College president Dr. Maurice W. Scherrens.

Individual giving increased by 18 percent over last year with gifts received from 2,601 individuals. The number of alumni donors also increased with gifts received from 1,101 alumni – an increase over last year’s gifts received from 1,058 alumni.

Additionally, more than three-fourths of Newberry College faculty and staff also demonstrated their passion for the mission of the College, with an impressive 78 percent of employees making financial gifts.

Progress on the Capital Campaign

Newberry College has made significant strides in its comprehensive capital campaign, Scaling the Summit. As of July 15, 2015, the College has raised $10.5 million against its $35 million campaign goal.

With gifts of $6 million in cash and $4.5 million in pledges, the College was able to break ground on the construction and remodeling of the Speers Street School property, which it purchased in 2012 to house the Department of Teacher Education.

The College also is within striking distance of its fundraising target for expansion of the Science, Math, Art and Nursing building. With just $2 million in cash left to raise before construction can begin, College officials are optimistic about reaching that fundraising target by the end of fall semester 2015.

“We are pleased that so many donors have chosen to invest in the future of Newberry College and its students,” said Scott Joyner, vice president for Institutional Advancement. “We have made significant and tangible gains in so many areas of the institution. Great things are happening at Newberry College.”

This release provided by Newberry College.

This release provided by Newberry College.