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Augustana Fund Reaches Record $1 Million

Augustana College today announced that its annual fundraising drive, the Augustana Fund, raised a record $1 million for the fiscal year ending July 31, 2010. The Augustana Fund provides scholarships and financial aid to students, helps recruit and retain exceptional faculty and makes available new and significant technology.

“This is fabulous news and a great accomplishment for Augustana,” said Rob Oliver, president of the College. “Despite the lingering challenges still facing our economy, it’s heartening to know that thousands of donors, friends, alumni, current and past board members, faculty, staff and parents have enabled us to reach this historic milestone.”

The total amount raised was $1,000,241, a 24 percent increase over the prior year, also a record year for the Fund. More than 3,600 donors contributed to the Fund, with an average gift of $276.

“Every gift matters,” said Jon Henkes, vice president for Development at Augustana. “As we prepare to celebrate our 150th anniversary of serving students, the loyal efforts and generosity of our Augustana community is especially inspiring. We are incredibly grateful to all of our donors. It’s because of passionate kindheartedness like this that Augustana will continue to remain a place of academic excellence.”

The Augustana Board of Trustees showed strong leadership, providing a total $177,000 to the Augustana Fund campaign and 100 percent participation.

Trustee Chairman Dennis Anderson, of Sioux Falls, said the board was determined to play a leadership role in achieving the $1 million milestone. “The Augustana Fund is instrumental in helping the college achieve its mission of providing an education of enduring worth that challenges the intellect, fosters integrity and integrates faith with learning and service in a diverse world.”

“In uncertain times like these, when so many nonprofit institutions are in need of financial support, we’re thankful to everyone who made Augustana a priority,” Anderson continued. To all of you who made a gift, thank you so much!”