Miami University received 36,311 gifts totaling $51.9 million in 2006, the highest amount of cash ever received in a calendar year and an increase of 88 percent over 2005's record gift amount of nearly $28 million. The largest single cash gift in '06 was $13.5 million from the estate of Lois Klawon '39, which helped establish the Miami Access Initiative, providing tuition for students of low-income families.
About 60 percent of gifts were from alumni; nearly 18 percent were from parents and friends; 20 percent were from corporations and foundations; and 2 percent were from other sources.
In addition, new commitments (gifts and pledges) to the Campaign For Love and Honor totaled more than $52 million in 2006.
"Miami deeply appreciates the generous support from alumni, parents, corporations and friends," said Jayne Whitehead, vice president for university advancement. "Gifts made in 2006 make a direct impact on the university today, benefiting students, faculty, academic programs, facilities and much more. At the same time, multi-year pledges are key to sustaining and strengthening Miami in the long term, which is one of the goals of For Love and Honor."
- In December alone, Miami received $11.7 million, the second-best month ever.
- Gifts by check and credit card were up 29 percent from 2005.
- Miami received a record $233,000 online, up 32 percent from 2005.
- Current faculty and staff gave 20 percent more through payroll deduction than in 2005. To date, current and former faculty and staff have contributed more than $4.6 million in gifts and pledges to Miami during the campaign.
- By comparison, total cash gifts were $23.5 million in 2004 and $27.7 million in 2005.
Four regional campaign events were held last fall in central Ohio, Cincinnati, Chicago and New York City. University officials announced in September the extension of For Love and Honor so that it can be a part of Miami's bicentennial celebration in 2009 and the original campaign goal of $350 million was increased to $500 million. Details are online at www.forloveandhonor.org.