One-Year Gift Total Reaches Record $22.3 Million
Posted: October 18, 2001 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
Gifts to George Mason totaled a record-breaking $22.3 million for the fiscal year ending June 30, a 59 percent increase over last year’s total of $14 million. Contributions increased across all major categories, including alumni, friends, faculty and staff, corporations, and foundations.
Topping the list of gifts was the $6.7 million in property and funds from Edwin and Helen Lynch, long-time friends of the university. It is the largest single contribution from an individual or couple in George Mason’s history. The gift will assist in the creation of an international retreat and conference center at Mason Neck, Va., and further advance the university’s leadership role in the field of conflict resolution.
Approximately 10 percent of George Mason’s alumni contributed, giving $452,800, a 12 percent increase over the previous fiscal year. Alumni giving at the President’s Circle level–gifts by individuals that total $1,000 and above–grew by 35 percent.
The Annual Fund, which includes gifts given in response to the phonathon, direct mail, and the President’s Circle initiatives, reached an all-time high of more than $1 million.