By John Brown University
Wednesday, November 10, 2010
FY 09-10 Record Year for Gifts: $23 Million
The slow economy did not dampen the generosity of people, businesses and foundations that support JBU. For the fiscal year ending June 30, the university received over $23 million in total gifts — the highest dollar amount ever for JBU.
The previous record was in FY 07-08 when JBU received $18.5 million in total gifts.
The $23 million given in FY 09-10 is part of JBU’s Keeping Faith $110 Million Campaign. The campaign provides $50 million for scholarships, $40 million for building projects, and $20 million for operations.
Campaign Crosses $100 Million Milestone
When an anonymous donor gave $2 million to John Brown University for the creation of a new endowed faculty chair in September, the gift brought the total given in the $110 Million Keeping Faith Campaign over the $100 million mark — the first time JBU has reached a nine-figure amount in a campaign.
“What a blessing that so many alumni and friends of JBU give generously,” said Dr. Jim Krall, vice president for advancement. “That so many in our greater community have kept faith with JBU through their gifts speaks to the strength of our mission of Christ-centered higher education.”