Why does the College need my support?
Does a gift of $5, $10, or $25 make any difference?
How can I increase the value of my gift?
Do I have to pay my Annual Fund gift in full and in cash?
Are gifts tax deductible?
Why is the alumni participation rate important?
How does McDaniel’s endowment stack up against those of other colleges?
Is it possible to donate stock to the College?
What is the Founders Society?
Only alumni support McDaniel College's Annual Fund, right?
Who are the Annual Fund volunteers?
Why does the College need my support?
The total revenue from tuition, room, and board only covers about 75 percent of the College’s annual operating budget. Your gift to the Annual Fund helps defray expenses that cannot possibly be covered by reasonable tuition fees — such as scholarships for worthy students, salary support for faculty, and the acquisition of new classroom technologies.
Does a gift of $5, $10, or $25 make any difference
All gifts are important, large and small. That’s partly because each gift increases McDaniel’s alumni participation rate, (see below) which in turn affects our outside funding, as well as the reports of college-ranking organizations like U.S. News & World Report. What’s more, you may be able to increase your gift through a matching gift program.
How can I increase the value of my gift?
Many companies offer matching gift programs that double or even triple the size of their employees’ charitable contributions. Check your human resources department or our database to see if your employer participates.
What’s more, the College’s alumni association sponsors frequent alumni challenges that invite fellow alumni to match or increase your contribution.
Do I have to pay my Annual Fund gift in full and in cash?
No, there are many payment options. The College accepts cash, checks, MasterCard, VISA, and Discover. We also accept gifts of stock and encourage you to find out if your employer has a matching gift program. In recent years, McDaniel College's Annual Fund has received over $400,000 in matching gifts from nearly 150 different companies around the world.
Are gifts tax deductible?
All gifts are tax deductible to the maximum extent allowed by law. Some gifts can result in significant tax benefits. See gift planning for more information on the tax benefits of giving.
Why is the alumni participation rate important?
Some corporations and foundations make funding decisions based in part on Annual Fund participation rates — so higher participation rates translate directly into increased outside funding for the College. Alumni participation is also a key factor in the reports of college-ranking organizations like U.S. News & World Report.
How does McDaniel’s endowment stack up against those of other colleges?
McDaniel's endowment is much smaller than those of many similar schools. That means that unlike other schools, we can’t rely on the income from our endowment to support our operations. Instead, McDaniel must rely on gifts to its Annual Fund. That’s why gifts to the Annual Fund are a defining factor in the success of the College today. Your participation in the Annual Fund can help offset low endowment income and keep McDaniel College among the best liberal arts colleges in the nation.
Is it possible to donate stock to the College?
Donating stocks and other securities is a great way to provide ongoing support for the College. More on giving stock…
What is the Founders Society?
The McDaniel College Founders Society recognizes men and women whose generous annual support enables the College to meet or exceed its goals of excellence in the liberal arts tradition. With a minimum annual gift of $1,000, Society members may make unrestricted gifts or designate their gift to any number of particular endeavors. More…
Only alumni support McDaniel College's Annual Fund, right?
No. Parents, friends, faculty, local businesses, and national foundations play an important role in achieving our Annual Fund goals.
Who are the Annual Fund volunteers?
Our volunteers range from recent graduates to retirees, and they all play key roles in the success of the Annual Fund. Class agents, parents, members of the Founders Committee, local business leaders, and many other volunteers communicate the College's need for unrestricted money and are rewarded by the record-setting support of the Annual Fund. Find out more about volunteering by contacting the Office of Alumni Relations and Annual Giving.
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