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Newsroom

Alverno College Raises Over $3 Million by Unlocking Matching Gift

Thanks to the generous support of the community, Alverno College has unlocked and exceeded a $1.5 million matching gift from a group of anonymous donors who believe in the mission of the college. The matching gift, which was announced at the inauguration of President Christy L. Brown in May, has brought in gifts from more than 470 donors and brings the total raised to over $3 million. The college secured the funds to fulfill the match two months ahead of schedule, and donors continue to contribute gifts inspired by the match.

“I am profoundly grateful to the generous donors who made this matching gift possible,” said Brown. “We know Alverno provides a transformational education to our students, and these gifts are a testament of our community’s deep commitment to fostering growth and opportunity for future generations. It is tremendously uplifting to know that we met this goal so quickly.”

In addition, funding to support the mission of Alverno was bolstered in August with a $10 million gift from John and Tashia Morgridge through the TOSA Foundation. These contributions, combined with a recent six-year $1.9 million grant from the National Science Foundation, signal positive momentum for the college.

“Because of this incredible support and the proactive steps we took earlier this year, Alverno is in a stronger financial position today than just four months ago,” said Brown.

The over $3 million contributed by the anonymous donors, alums and other community members will enhance comprehensive student support, student scholarships, and community programming and outreach.

Published on October 29, 2024 | Categories: Newsroom press release

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