New College Foundation Receives $1 Million

The New College Foundation announces that it has raised $1 million to be invested in strengthening the organization’s fundraising infrastructure. MaryAnne Young, vice president of advancement and executive director of New College Foundation, says that the funds were generated from six current and former College trustees and Foundation board members. Three of the donors are New College alumni.
Young outlined the Foundation’s three main fundraising goals, which include increasing the endowment for students: scholarships, internships and experiential learning, and restoring the three I.M. Pei dorms.
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