Cultivating Olin’s Philanthropic Potential

Making friends and raising funds that support an impactful engineering education

With the rollout of the new strategic plan, Olin began the work of securing gifts to support the shared vision of Engineering for Everyone and the College’s impact-centered educational approach. Despite global financial instability, FY22 was a highly successful philanthropic year for Olin, with fundraising goals exceeded in multiple areas.

Record Giving Day Olin’s annual Giving Day was a banner day in more ways than one:

→ More funds: Olin secured more than $139,000 on November 30, 2021, the highest single day of fundraising in the College’s history—PLUS an amazing $75,000 match from an anonymous parent donor.

→ More community: Alumni, parents, faculty, staff, students, trustees and other supporters made a total of 262 gifts on Giving Day.

→ More outreach: 41 faculty, staff and student volunteers called nearly 400 alumni and parents to ask for support and offer thanks for their contributions.

Presidential Strategic Initiatives Fund

At her inauguration, President Gilda A. Barabino announced that the board of trustees had raised over $1 million for the Presidential Strategic Initiatives Fund. Thanks to their overwhelming generosity, this seed funding will enable Olin to begin the work of Engineering for Everyone in FY23.

Philanthropy Highlights 2022

44 For FY22, Olin exceeded its unrestricted fund goal of $700,000 by 44%.

FY22 Donor Participation

→ 38% of alumni → 34% of current parents → 32% of faculty and staff → 20% of alumni parents → 100% of trustees

The Olin Fund raised more than $1,012,000 in unrestricted funds this year—the second-highest total in the College’s history.

560 More than 560 individual donors supported Olin in FY22

3.5m In total: Olin raised over $3.5 million in both unrestricted and restricted funds.

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