What is The Mount Holyoke Fund?
An investment in Mount Holyoke today.
The Mount Holyoke Fund, the College’s annual fund, provides more than $8 million dollars in support of the College’s operating budget each year. Mount Holyoke Fund gifts are unrestricted, meaning they can be spent as they come in, making an immediate difference in the lives of students and faculty. Because they are unrestricted and can be spent immediately, they enable the College to be flexible, nimble and responsive to emerging opportunities and challenges. The Mount Holyoke Fund is an important complement to our endowment, which is invested for the long term and provides a stable source of income to fund College programs.
Gifts to The Mount Holyoke Fund support every aspect of the MHC experience and provide significant funding for things that really matter to our campus community including scholarship aid, support of internships and the Lynk, sustainability initiatives and much more. In fact, you can choose to direct your Mount Holyoke Fund gift to one of 17 different destinations, ensuring that you can support what matters most to you.
Last year, nearly 10,000 alums, family members, friends and students gave $10.2 million to The Mount Holyoke Fund! Nearly $1 million was directed specifically to scholarship aid. Over $274,000 was raised from 4,941 donors giving $100 or less.
The Mount Holyoke Fund is similar to a checking account and is used to meet current operational costs. The College's budget relies on Mount Holyoke Fund gifts to meet its yearly expenses. Conversely, the endowment is similar to a long-term savings account and is vital in securing the future of the College. Lasting growth of the Mount Holyoke College endowment can be attributed to strong returns from the investment portfolio coupled with gifts to the endowment.
Every. Donor. Counts. Alum participation is determined by the number of donors, not by the amount of their gifts. Why is this so important?
- It counts in rankings:
Alum participation is a factor in college rankings and ratings, like the U.S. News and World Report.
- It influences grant funding:
Corporations and foundations use donor participation as part of their criteria in awarding grant funding to colleges and universities.
- It shapes reputation:
Prospective students, parents, alums, trustees and peer institutions all look at participation when they compare colleges. High participation has a positive impact on Mount Holyoke's reputation.
Gifts from other community members — families, faculty, staff and students — are just as important as gifts from alums. Participation from other community members demonstrates to families and alums that the on-campus community is invested in Mount Holyoke’s success and the success of our students, contributes to a culture of philanthropy on campus and provides support for all of the same critical needs as alum gifts.