According to "Giving USA 2009: The Annual Report on Philanthropy for the
Year 2008" published by the GivingUSA Foundation, overall charitable giving
in the U.S. decreased by 2 percent in 2008, and gifts to educational
organizations nationwide are expected to drop 5.5 percent in 2008-09.
Paul J. Adamo, SUNY Oneonta Vice President for
College Advancement
and Executive Director of the
College
at Oneonta Foundation, attributed the College’s strong showing to the
generosity of alumni and friends of SUNY Oneonta and their belief in the
College’s mission.
"Our graduates and friends recognize that charitable investments in our
College can provide life-altering opportunities for our students, our
communities, and our shared future," said Adamo.
In the course of the last fiscal year, the College received gifts from
more than 6,400 alumni and friends, including $2 million for scholarships
from the estate of 1936 graduate
Dorothy
Wemple, the largest-ever gift from a SUNY Oneonta graduate. Over the
past three years, the College has received at least one gift from 23% of its
graduates. For seven successive years, SUNY Oneonta has led all similar SUNY
colleges in the percentage of alumni who make a gift to their alma mater.
All gifts to the College now go through the
Fund
for Oneonta, which coordinates giving from alumni, faculty, staff,
parents, friends, foundations, organizations, businesses, and others to
provide the greatest possible support for SUNY Oneonta students. Charitable
gifts are used to create new scholarships, expand existing scholarship
opportunities, fund lectures and cultural offerings, support student and
faculty research, and enhance the academic experience at SUNY Oneonta.
This year, SUNY Oneonta will offer over 1,000 scholarship awards to
deserving students for the first time in its history. The collective value
of the 1,057 scholarship awards will total $1,764,276.
The 2008-2009 fiscal year also proved successful for the College’s
current fundraising campaign,
Visions/Solutions:
The Fund for Science and Technology, the first-ever initiative to target
a specific cluster of academic disciplines at SUNY Oneonta. At the close of
the fiscal year, the fund had received $2.4 toward its goal of $4 million by
July 2010.
The Fund for Science and Technology was created to help the College
address the growing roles that science and technology play in today’s world.
Through the fund, the College is expanding scholarship opportunities for
students pursuing degrees in science and technology and enhancing the
science and technology literacy of all students.
Charitable giving to SUNY Oneonta is coordinated through the College at
Oneonta Foundation, a non-profit organization that facilitates charitable
giving to the College and manages the College’s endowment. Established in
1982, the Foundation uses sound fiscal policies to invest and allocate
assets. Many scholarships at SUNY Oneonta are endowed, so the principal
funds used to establish them are preserved in perpetuity.
More information about The Fund for Oneonta, The Fund for Science and
Technology, and the College at Oneonta Foundation is available from Paul
Adamo at (607) 436-2535.