Randolph College exceeded its Annual Fund goal for the 2022-23 fiscal year, wrapping up with a total of more than $2 million.
Total giving to the College exceeded $6.3 million from more than 2,600 donors. In addition, the College is moving into the last stages of its Martin Science Building revitalization fundraising campaign.
“The past academic year has been marked by new leadership, new strategies for growth both in enrollment and programming, and a renewed focus on improving our facilities,” said Farah Marks, vice president for institutional advancement. “Annual giving from our alumni, parents, friends, and campus community keeps Randolph strong and enhances the student experience in so many ways.”
Student scholarships, capital improvements, academic resources, diversity and inclusion initiatives, and new graduate programs were made possible by these donors.
More than $136,000 was raised to support the College’s new Master of Fine Arts in Theatre program, a low-residency master’s program that launched this summer with its first cohort of students.
Donors contributed funds to launch the new Kobra Ahmadi Nader ’10 Scholarship for Displaced Students, which will help eliminate financial barriers for displaced and refugee students seeking to attend Randolph, and our supporters helped expand the WildCats Helping WildCats student emergency microgrants program, which provides a safety net for students experiencing unforeseen emergency situations.
Randolph also relaunched its Martin Science Building revitalization project, which was temporarily paused during the pandemic. This significant campaign is nearing completion with almost $20 million of the $23 million project goal already attained. This includes $16.2 million in gifts and pledges and $3.7 million expected in historic tax credits.
Additionally, the College has been notified that the Martin Science project is eligible for a $250,000 matching grant opportunity through The Mary Morton Parsons Foundation, and a $1.5 million funding proposal through Congressionally Directed Spending has been submitted to the Senate budget committee.
A public launch event for the Martin Science project will be held on campus on October 5, and construction is set to begin in early 2024. The project will be completed in time for the start of the 2025-26 academic year.
“This project continues Randolph’s commitment to preparing the scientists of tomorrow with a rich, broad liberal arts background,” Marks said. “We’re excited to see what the future has in store here behind the Red Brick Wall.”
To make your gift for the new 2023-24 fiscal year that began on July 1, visit www.randolphcollege.edu/givenow or call 434-485-8067.Tags: annual fund, giveroll, giving