|
Annual Fund
Part of the
work of the Division of University Advancement is to stay informed about trends
in fundraising in today's rapidly changing market and to search for funding
sources that lie outside the usual opportunities.
The Assistant
Vice President for Foundation Research is responsible for researching active
foundations and finding potential matches for the University in outside funding.
As a result, grant activity has noticeably increased and goals have been set for
the next several years to significantly increase revenue from grants and
contracts as relationships with granting agencies are cultivated.
A significant
force in the potential success of a grant proposal is evidence of commitment by
the University community. Virtually all foundations ask for data
concerning the level of alumni giving. The rationale is if the alumni do not
feel strongly enough about the work and mission of the University to help
support it financially, the motivation for an outside source to take a vested
interest diminishes. This is but one reason why LMU needs your annual fund
gift.
Foundations ask
for the percent of alumni who give back rather than dollar amounts, so being
unable to make a large gift should not deter potential donors to the annual fund
from giving whatever is comfortable for their individual situations. Even a
small gift will increase our alumni giving rate.
What is an
unrestricted gift?
An unrestricted gift is a gift
that is given to LMU without any restrictions on its use. Restricted gifts are
those gifts earmarked for specific purposes such as a named, endowed
scholarship, endowed chair, or building construction. Although both restricted
and unrestricted gifts are welcome, unrestricted gifts are of critical
importance.
Why is
unrestricted support so important?
Gifts free of restriction
allow LMU to place resources where they are most immediately needed or where
opportunities are greatest. The annual fund not only provides strong
financial support. It also helps establish a habit
of giving, begins the donor process, helps identify
potential volunteer leaders and indicates the public's
attitude of LMU's leadership and direction.
Unrestricted funds add value to LMU and help build
quality academic programs, attract and retain
outstanding faculty, make education attainable for
students and enhance library and technology resources.
The annual fund helps
support these areas:
| Avery Hall
Chiller |
Campus Center
Restrooms |
| Campus Center
Student Lounge |
Communications
Equipment |
| Computer
Equipment |
Duke Hall Roof |
| Faculty/Staff
Salaries |
Farm Drain |
| Gas Line
Relocation |
Institutional
Scholarships |
| Library Computer System |
Office
Improvements |
| Paving and Road
Striping |
Sewer Line |
| Swimming Pool
Improvements |
Vet Tech Roof |
University Advancement
Lincoln Memorial University
Cumberland Gap Parkway
P.O. Box 2005
Harrogate, TN 37752
Phone:
423.869.7072 or 800.325.0900, ext. 7072
|
