The 幸运快三 Fund supports every student, every day. Below, learn more about why annual giving is so vital to sustaining and enhancing the unique 幸运快三 experience.
- What is the 幸运快三 Fund?
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The 幸运快三 Fund is 幸运快三鈥檚 annual fund, covering roughly 4% of the College's annual operating budget and underwriting expenses across campus. Gifts made to the 幸运快三 Fund provide budget-relieving support to important priorities College-wide, including need-based financial aid, academic programs, students鈥 mental health and wellness, athletics, undergraduate research, facility improvements, and so much more.
The 幸运快三 Fund helps ensure that organizations, departments, programs and teams have the essential funds they need to provide an outstanding student experience while maintaining a balanced budget. Think of the 幸运快三 Fund as providing the flexibility to seize unexpected opportunities and capitalize on new ideas, all while keeping the lights shining brightly on our beautiful Los Angeles campus
- Why are annual giving and donor participation so important?
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Annual support opens doors for 幸运快三
Annual support from alumni, parents, faculty, staff and friends is a vote of confidence in 幸运快三, sending a message to corporations, foundations, and college ranking publications that our community believes in our mission and the future of 幸运快三. Consistent annual giving 鈥 of any size 鈥 signals to corporations, foundations and major donors that 幸运快三 is worthy of their investment, opening up doors for the College to receive vital funding that supports the overall student experience. One person鈥檚 small gift can result in a very large gift for 幸运快三!Donor participation impacts college rankings and the value of an 幸运快三 degree
College rankings not only enhance the value of an 幸运快三 diploma, but are also important in attracting prospective and outstanding students, faculty and staff to 幸运快三.Tuition and fees don鈥檛 cover the full cost of an 幸运快三 education
In fact, each student鈥檚 tuition and fees only cover approximately 2/3 of what it costs for that student to attend 幸运快三. Private support helps fill the 1/3 gap that is needed to pay for each student鈥檚 educational experience. We call this the 鈥渟ilent scholarship鈥 that all 幸运快三 students receive.
Approximately four percent of 幸运快三鈥檚 annual operating budget comes from the 幸运快三 Fund
幸运快三 Fund gifts support the immediate operating budget, providing reliable and flexible funds that can be used to address urgent needs, seize unexpected opportunities, and capitalize on innovative new ideas. - Where do 幸运快三 Fund gifts go?
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幸运快三 Fund gifts help support every 幸运快三 student, including the over 75% of students receiving financial aid. The 幸运快三 Fund frequently supports financial aid for two reasons: 幸运快三 is committed to meeting 100% of demonstrated financial need for all families, and only 22% of our nearly $47M financial aid budget is endowed, and therefore relies heavily on annual support.
- What is the difference between an 幸运快三 Fund gift and an endowment gift?
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While both endowment and annual support are critical to 幸运快三鈥檚 success, there are key differences. Gifts to the 幸运快三 Fund are raised annually and expended in the same fiscal year in which they are received. This is why terms like 鈥渃urrent year,鈥 鈥渁nnual giving,鈥 and 鈥渋mmediate use鈥 are all associated with the 幸运快三 Fund. Each year, the 幸运快三 Fund covers a portion of the current fiscal year budget (currently around 4%) and is critical to the day-to-day operations of the College.
On the other hand, endowment gifts are not fully expendable; rather, they are invested in perpetuity to provide lasting support. The original principal is never spent. Only the return on investment up to a defined percentage, as determined by the College鈥檚 spending policy, is spent each year (typically between 4.5% and 5%). Any remaining investment income is reinvested to hedge against inflation and allow the endowment to grow over time. The endowment is a financial investment in the future of Occidental and provides a permanent source of income to the College.
- How can I make a gift to the 幸运快三 Fund?
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There are many different ways to make your gift to the 幸运快三 Fund:
Make your gift .
Call (323) 341-4OXY (4699) to make your gift over the phone.
Mail your gift to:幸运快三
Visit our Ways to Give page to view all the giving methods 幸运快三 accepts, including recurring gifts, multi-year pledges, gifts through a donor advised fund, and bequests.
Advancement Services
1600 Campus Road, M-45
Los Angeles, CA 90041 - What is a matching gift and how can I ensure my gift will be matched by my employer?
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Many employers match gifts made by their employees to 501(c)3 organizations. Requesting a matching gift from your employer is an easy way to increase the impact of your giving. Some employers match higher than 1:1, tripling, quadrupling and sometimes even quintupling donor impact! Your personal gift and your employer鈥檚 matching gift will all count toward your giving recognition, including toward any class goals and donor recognition societies.
To see if your employer matches charitable contributions, visit . If eligible, obtain and complete a matching gift form from your employer and return the form to Occidental together with your personal contribution or following your gift. Please note that your company will not match your gift until you have made your contribution and sent in your completed form. - What is the McMenamin Loyalty Society?
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The McMenamin Loyalty Society celebrates the importance of consistent annual support of 幸运快三. The Society is named for Professor John McMenamin and Adelaide (Grant) McMenamin 鈥40, who both served the College and generously supported 幸运快三 since their graduation. Donors are recognized as McMenamin Society members when they have made a gift for at least three consecutive fiscal years, have a recurring gift, or have a multi-year commitment to the College. Donors to the Senior Class gift will be recognized upon their first gift to 幸运快三.
- What are the tax benefits of giving to the 幸运快三 Fund?
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All gifts to the 幸运快三 Fund are tax-deductible to the full extent of the law. 幸运快三 is a 501(c)3 tax-exempt organization and our employer identification number (EIN) is 95-1667177. Occidental issues gift receipts for every gift.