GW received nearly $1 million in donations Wednesday from more than 2,100 donors as part of the University’s first Giving Day, surpassing the original goal almost three-fold.
Officials initially aimed to raise $300,000 on Giving Day, a one-day fundraising push in conjunction with the bicentennial, but after the original target was reached before 10 a.m they continually upped the goal throughout the day, ultimately raising $840,143. An anonymous donor matched the first $200,000 in donations, while others matched thousands of dollars in contributions to specific donation funds.
Donors could contribute to various funds, including those that funded student programs and support, schools and units, student scholarships and University initiatives. Six of GW’s vice presidents donated on Giving Day, according to the online donation website.
GW received donations from 48 states, according to the site. Roughly two-thirds of the donors were alumni while nearly one-fifth were employees.
Donors contributed more than $200,000 to the GW Power and Promise Fund for Student Aid, which funds scholarships for students, according to the website. Officials have pushed to increase financial aid in recent months, announcing multiple major gifts totaling tens of millions of dollars.