PENN

July 18th, 2019 | by CollegeAD
PENN
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The Division of Recreation and Intercollegiate Athletics and the Penn Champions Club achieved record-setting fundraising results during the 2018-19 fiscal year beginning July 1, 2018 and concluding June 30, 2019. During that time, the Penn Champions Club raised $63.4 million in commitments towards Penn Athletics’ highest priorities, representing a new total commitment record for Penn Athletics. Fundraising was focused on annual fund support, endowment gifts and capital projects. The previous fundraising record for Penn Athletics was $23.5 million recorded in 2017-18. In addition to setting a record for overall commitments in a given fiscal year, the Penn Champions Club set individual fundraising records for annual fund commitments ($10.4M), endowment commitments ($16.0M) as well as capital project commitments ($37.1M). This marks the third straight year the Penn Champions Club has raised more than $20M in commitments. In addition, total cash-in for the Division was the second highest amount in Penn Athletics history, finishing the fiscal year at $20.6M. FY17 was the only other year with higher totals when $23.4M in cash was raised. Read More.

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