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To honor Dr. H’s legacy and celebrate this milestone anniversary we have set dollar and donor goals for the year for M&T support – your gift matters!
The M&T Program does not receive funding from the Wharton School, Penn Engineering, or the greater university. Tuition dollars go directly to the schools that M&T students are enrolled in.
- We have set aggressive goals for our 35th Anniversary: $13,500,000 in total gifts to M&T and 350 total donors to M&T Funds. Every gift will make a difference!
- Visit the 35th Anniversary website to check on our progress!
- $13,500,000 goal:
- $7,500,000 to renovate and expand the current M&T building (DONE! Thank you to Larry Robbins, M&T ’92!)
- $3,000,000 endowed professorship for the M&T Faculty Director (DONE! Gift received from M&T alumnus)
- $2,000,000 for the William F. Hamilton Director’s Discretionary Fund
- $1,000,000 to support specific M&T core priorities
- Total raised so far against $13.5M: $12,797,375 (with one month to go!)
- $13,500,000 goal:
- A gift of any size to an M&T Fund will help our 35th Anniversary donor goal of 350 donors to M&T! You can make a gift to the M&T Gift Fund or honor Dr. H’s legacy with a gift to the William F. Hamilton Director’s Discretionary Fund. The Hamilton Fund was created to honor Dr. H. and his 35 years of leadership. This endowed fund will provide discretionary funding for future M&T Faculty Directors in perpetuity. The money will be used to support new academic and co-curricular initiatives, including enhanced student and alumni services. One such initiative currently under development is the M&T Venture Fund, which will involve both students and alumni in encouraging and supporting M&T student/young alumni ventures. In addition to supporting important new initiatives, the Hamilton Fund will also be an important recruitment tool for a new faculty director.
- MATCH YOUR GIFT! Maximize your gift with a corporate match. Click here to see if your employer has a matching gift program and increase your M&T support!
- If you are interested in specific naming or gift opportunities, such as endowing summer internships for M&T students, establishing an M&T Leadership Lecture Series or renovation of the M&T Building (3537 Locust Walk), please contact Katie McCarthy at Penn’s Office of Development (kmccar@upenn.edu or 215-898-9422) for more information.
What is the difference between the general M&T Fund and the William F. Hamilton Fund?
Both funds directly benefit the M&T Program and provide “unrestricted funding” to the Program. The M&T Fund is a “term” fund which means the corpus is spent each year – no interest is earned on the fund. This is mainly used for operating costs of the program and to provide additional resources needed throughout the year. This money is raised and spent each year.
The Hamilton Fund was created on the occasion of the 30th M&T Anniversary to honor Dr. H. As an endowed fund, only the interest is spent, thereby providing discretionary funding for the M&T Faculty Director in perpetuity. The money is more often used to provide seed funding for new academic and co-curricular programming and enhanced student and alumni services. The Hamilton Fund will also be an important recruitment tool for the new faculty director.
I’m celebrating a reunion this year. Do I give to M&T or my class?
Understanding how to maximize one’s giving in a reunion year is a common question as many alumni have multiple interests at Penn that may or may not align with reunion class goals.
For undergraduate reunion fundraising (administered by the Penn Fund) and for the M&T 35th Anniversary, there are both dollar goals and donor goals. M&T alumni should make their stretch gift or larger commitment wherever they are most passionate – for many it will be M&T, for others it might be the Penn Fund, undergraduate financial aid or other areas of the University. Ideally, those same alumni would make a participatory gift ($20, $100, $1000, etc.) to the Penn Fund and/or M&T so that they can be counted as donors (regardless of the gift amount) and help the participation goals for both campaigns.
While gifts to M&T may not count toward class goals (usually Penn Fund and undergraduate financial aid), they do count in the overall achievement of the class, which is the number written on the check given to Dr. Gutmann at Alumni Weekend. Donors to M&T (and other areas of the University) will also be counted in the final class honor roll, although they may not be listed in the draft honor roll, which is class goal/Penn Fund specific.
For additional fundraising questions, please contact Katie McCarthy in Penn’s Office of Development at kmccar@upenn.edu or 215-898-9422.