The 做厙輦⑹ Fund supports every student, every day. Below, learn more about why annual giving is so vital to sustaining and enhancing the unique 做厙輦⑹ experience.
- What is the 做厙輦⑹ Fund?
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The 做厙輦⑹ Fund is 做厙輦⑹s annual fund, covering roughly 4% of the College's annual operating budget and underwriting expenses across campus. Gifts made to the 做厙輦⑹ Fund provide budget-relieving support to important priorities College-wide, including need-based financial aid, academic programs, students mental health and wellness, athletics, undergraduate research, facility improvements, and so much more.
The 做厙輦⑹ Fund helps ensure that organizations, departments, programs and teams have the essential funds they need to provide an outstanding student experience while maintaining a balanced budget. Think of the 做厙輦⑹ Fund as providing the flexibility to seize unexpected opportunities and capitalize on new ideas, all while keeping the lights shining brightly on our beautiful Los Angeles campus
- Why are annual giving and donor participation so important?
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Annual support opens doors for 做厙輦⑹
Annual support from alumni, parents, faculty, staff and friends is a vote of confidence in 做厙輦⑹, sending a message to corporations, foundations, and college ranking publications that our community believes in our mission and the future of 做厙輦⑹. Consistent annual giving of any size signals to corporations, foundations and major donors that 做厙輦⑹ is worthy of their investment, opening up doors for the College to receive vital funding that supports the overall student experience. One persons small gift can result in a very large gift for 做厙輦⑹!Donor participation impacts college rankings and the value of an 做厙輦⑹ degree
College rankings not only enhance the value of an 做厙輦⑹ diploma, but are also important in attracting prospective and outstanding students, faculty and staff to 做厙輦⑹.Tuition and fees dont cover the full cost of an 做厙輦⑹ education
In fact, each students tuition and fees only cover approximately 2/3 of what it costs for that student to attend 做厙輦⑹. Private support helps fill the 1/3 gap that is needed to pay for each students educational experience. We call this the silent scholarship that all 做厙輦⑹ students receive.
Approximately four percent of 做厙輦⑹s annual operating budget comes from the 做厙輦⑹ Fund
做厙輦⑹ Fund gifts support the immediate operating budget, providing reliable and flexible funds that can be used to address urgent needs, seize unexpected opportunities, and capitalize on innovative new ideas. - Where do 做厙輦⑹ Fund gifts go?
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做厙輦⑹ Fund gifts help support every 做厙輦⑹ student, including the over 75% of students receiving financial aid. The 做厙輦⑹ Fund frequently supports financial aid for two reasons: 做厙輦⑹ is committed to meeting 100% of demonstrated financial need for all families, and only 22% of our nearly $47M financial aid budget is endowed, and therefore relies heavily on annual support.
- What is the difference between an 做厙輦⑹ Fund gift and an endowment gift?
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While both endowment and annual support are critical to 做厙輦⑹s success, there are key differences. Gifts to the 做厙輦⑹ Fund are raised annually and expended in the same fiscal year in which they are received. This is why terms like current year, annual giving, and immediate use are all associated with the 做厙輦⑹ Fund. Each year, the 做厙輦⑹ Fund covers a portion of the current fiscal year budget (currently around 4%) and is critical to the day-to-day operations of the College.
On the other hand, endowment gifts are not fully expendable; rather, they are invested in perpetuity to provide lasting support. The original principal is never spent. Only the return on investment up to a defined percentage, as determined by the Colleges spending policy, is spent each year (typically between 4.5% and 5%). Any remaining investment income is reinvested to hedge against inflation and allow the endowment to grow over time. The endowment is a financial investment in the future of Occidental and provides a permanent source of income to the College.
- How can I make a gift to the 做厙輦⑹ Fund?
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There are many different ways to make your gift to the 做厙輦⑹ Fund:
Make your gift .
Call (323) 341-4OXY (4699) to make your gift over the phone.
Mail your gift to:做厙輦⑹
Visit our Ways to Give page to view all the giving methods 做厙輦⑹ accepts, including recurring gifts, multi-year pledges, gifts through a donor advised fund, and bequests.
Advancement Services
1600 Campus Road, M-45
Los Angeles, CA 90041 - What is a matching gift and how can I ensure my gift will be matched by my employer?
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Many employers match gifts made by their employees to 501(c)3 organizations. Requesting a matching gift from your employer is an easy way to increase the impact of your giving. Some employers match higher than 1:1, tripling, quadrupling and sometimes even quintupling donor impact! Your personal gift and your employers matching gift will all count toward your giving recognition, including toward any class goals and donor recognition societies.
To see if your employer matches charitable contributions, visit . If eligible, obtain and complete a matching gift form from your employer and return the form to Occidental together with your personal contribution or following your gift. Please note that your company will not match your gift until you have made your contribution and sent in your completed form. - What is the McMenamin Loyalty Society?
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The McMenamin Loyalty Society celebrates the importance of consistent annual support of 做厙輦⑹. The Society is named for Professor John McMenamin and Adelaide (Grant) McMenamin 40, who both served the College and generously supported 做厙輦⑹ since their graduation. Donors are recognized as McMenamin Society members when they have made a gift for at least three consecutive fiscal years, have a recurring gift, or have a multi-year commitment to the College. Donors to the Senior Class gift will be recognized upon their first gift to 做厙輦⑹.
- What are the tax benefits of giving to the 做厙輦⑹ Fund?
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All gifts to the 做厙輦⑹ Fund are tax-deductible to the full extent of the law. 做厙輦⑹ is a 501(c)3 tax-exempt organization and our employer identification number (EIN) is 95-1667177. Occidental issues gift receipts for every gift.