{"id":683,"date":"2004-07-08T00:00:00","date_gmt":"2004-07-08T04:00:00","guid":{"rendered":"http:\/\/www.emu.edu\/blog\/news\/?p=683"},"modified":"2004-07-08T00:00:00","modified_gmt":"2004-07-08T04:00:00","slug":"university-fund-reaches-record-goal","status":"publish","type":"post","link":"https:\/\/emu.edu\/now\/news\/2004\/university-fund-reaches-record-goal\/","title":{"rendered":"University Fund Reaches Record Goal"},"content":{"rendered":"

It took much hard work and an outpouring of donor support, but efforts were rewarded as EMU surpassed its goal for the University Fund<\/a> for the 2003-2004 fiscal year that ended June 30. <\/p>\n

EMU received a record $1.48 million for the University Fund, an eight percent increase over last year’s unrestricted giving. The amount included $365,000 to Eastern Mennonite Seminary, also a new record. The University Fund contributions goal was $1.43 million for the year. <\/p>\n

The University Fund helps provide financial assistance to students and assists with technology upgrades and other annual operating expenses. <\/p>\n

Alumni giving to the University Fund showed the largest increase, coming in at 18 percent above last year. <\/p>\n

Carol S. Lown<\/a>, University Fund director, attributed the increase in giving to “a generous response from alumni and friends to this year’s campaign, which was a major focus of development efforts by the president and regional development directors.” <\/p>\n

Restricted giving to EMU was $2,765,961 million compared to $2,261,170 in 2002-2003, excluding a $2 million Lilly Endowment grant received last year. Restricted gifts include donations to the University Commons, direct scholarships to students and special programs such as the Shenandoah Valley Bach Festival<\/a>, the Conflict Transformation Program<\/a> and radio station WEMC-FM<\/a>. <\/p>\n

Direct contributions to the Conflict Transformation Program set a new record at $60,746, as did the Shenandoah Valley Bach Festival with $55,284. <\/p>\n

Contributions to university endowments increased by 50 percent over last year to $679,530. <\/p>\n

The Lisa Haverstick Memorial Nursing Laboratory, a new initiative being established in EMU’s nursing department<\/a> in memory of a 1991 nursing graduate who died in May of 2003, stands at $109,778. <\/p>\n

This remarkable outcome is a real tribute to all of our donors and to the hard work done by the entire advancement staff at EMU,” said President Loren E. Swartzendruber<\/a>. “I’m also grateful to Beryl H. Brubaker<\/a> for her special efforts to solicit commitments during her months as interim president, to dean Ervin R. Stutzman<\/a> for his efforts on behalf of Eastern Mennonite Seminary<\/a> and to Richard L. Gunden, vice president for advancement. This was the result of a team effort. <\/p>\n

“Initial indications are that we should finish the fiscal year with a surplus; all major revenue sources came in at or above budgeted amounts,” the president said. <\/p>\n

“We are very grateful for the generosity of so many EMU alumni and friends. These record contributions to the University Fund enable EMU to provide a superb academic and spiritual environment for all of our undergraduate, graduate, and seminary students,” Swartzendruber added. <\/p>\n","protected":false},"excerpt":{"rendered":"

It took much hard work and an outpouring of donor support, but efforts were rewarded as EMU surpassed its goal for the University Fund for the 2003-2004 fiscal year that ... read more about University Fund Reaches Record Goal<\/span><\/a><\/p>","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[265],"tags":[6801,6802,6858,5944,7760],"feature":[],"class_list":["post-683","post","type-post","status-publish","format-standard","hentry","category-seminary","tag-donation","tag-donor","tag-endowment","tag-giving","tag-university-fund"],"yoast_head":"\nUniversity Fund Reaches Record Goal - EMU News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emu.edu\/now\/news\/2004\/university-fund-reaches-record-goal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"University Fund Reaches Record Goal - 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