April 25, 2024
clear sky Clear 29 °F

Foundation raises $15.2 million in fiscal year 2018-19

Results include record-high $14.2 million in cash gifts

Sheila Doyle, executive director of the Binghamton University Foundation, speaks at the dedication of the Ben G. VanDerLinde '84 Memorial Concourse at the Events Center on July 8, 2019. Sheila Doyle, executive director of the Binghamton University Foundation, speaks at the dedication of the Ben G. VanDerLinde '84 Memorial Concourse at the Events Center on July 8, 2019.
Sheila Doyle, executive director of the Binghamton University Foundation, speaks at the dedication of the Ben G. VanDerLinde '84 Memorial Concourse at the Events Center on July 8, 2019. Image Credit: Jonathan Cohen.

The Binghamton University Foundation ended fiscal year 2018-19 raising $15.2 million, up from $12.3 million the previous year.

About 10,700 donors contributed their support, providing a record-setting $14.2 million total in cash gifts.

As a state agency, Binghamton University cannot accept gifts directly. Instead, the Foundation, a nonprofit organization, manages and invests the gifts donors make to support Binghamton. The Foundation then helps distribute that funding to where it’s needed most, and as designated, across campus.

Support to campus in fiscal year 2018-19 totaled nearly $13.4 million, an increase from $12.8 million the previous year.

Alumni made up the largest segment of donors and gave the most total. Donors also included corporations, organizations, faculty, staff, retirees, foundations, parents, students and friends of the University.

Additional Foundation-related financial information is available online.

Posted in: