Gifts to Colorado Mesa double last year’s total
Gifts to the Colorado Mesa University Foundation have returned to pre-recession levels, Peggy Lamm, CMU’s chief fundraiser, told the university’s Board of Trustees Thursday.
Lamm said gifts to the university surpassed $8.4 million during the 2011-12 fiscal year, which ended in July.
That’s nearly double the $4.3 million it received last year, and nearly triple the $3.1 million it got in 2010.
At the same time, the amount of endowments to the university also increased during that time, to $17.3 million from $13.8 million the year before.
Lamm, who took the job as director of development in January, said she’s hopeful to see even more in the coming years.
Lamm isn’t shy when it comes to asking for money, whether it’s a university trustee or a first-year student.
She plans to increase those numbers even more through several fundraising efforts that not only will target alumni, but just about everyone else, too.
No one will be able to hide from her reach, including faculty, students and staff.
“Part of the thinking of having students give, even if it’s just $10, is so that they’re accustomed to it and know that they still need to participate after they leave here,” Lamm said. “We just started a new program going after alumni.”
Lamm also plans to reach out to the Grand Valley, in part, by getting residents onto university grounds for special events, and then hitting them up with pleas for donations. She said increasing those gifts will become very important in five to six years, when state funding is predicted to dry up completely.
Her goal is to collect $100 million over the next several years.
“There’s reason to believe that (higher education) is going to be defunded by the state, so we’re building toward that,” she said. “If we build this substantial endowment, we would be able to continue to keep tuition down for students. Right now, we have one of the lowest tuition rates and fees in the state. We believe very much that we have to keep this institution affordable to students.”