Loyal alumni, friends, faculty, staff, students and parents contribute more than $5 million to the Annual Fund each year. This income is equivalent to the annual interest generated on an endowment of $100 million. Gifts to the Annual Fund can be directed for specific purposes or left unrestricted to be designated by the University where the need is most urgent.
Plus, the percentage of alumni who give back to Richmond is a critical factor in determining the University’s national rankings, as well as grant funding from leading foundations.
The Annual Fund supports yearly expenses for:
- Curricular enhancements
- Library purchases
- Technology upgrades
- Student-life programs
- Facilities improvements
- And much more