$1 Million Given to Georgetown College by Anonymous Alumnus
Submitted on April 5, 2022
Georgetown College President Rosemary Allen has announced that the College just received a gift of one million dollars.
Although the donor chooses to remain anonymous, Dr. Allen said that permission was granted to reveal that the gift is from an alumnus who is hopeful that other Georgetown College graduates will be inspired to do the same. The president also stated that the individual made the gift without restrictions.
“Such a gift will help ensure greater financial stability for the institution,” Allen said, noting that the donation arrived in advance of the review by the Southern Association of Colleges and Schools, the accrediting body that assures the educational quality and effectiveness of its member institutions in the southeastern United States.
“This gift increases our unrestricted net assets and helps demonstrate that we have the resources necessary to support the operation of the College in serving our students well,” Allen continued.
“Words cannot begin to express our deep appreciation for a gift of this magnitude – we are grateful,” said John Davis, senior vice president for advancement. “This gift will provide much-needed relief to students and their families.”
“Financial support for Georgetown College continues to grow,” Davis continued. “For example, just last month during our annual Giving Day, we exceeded the goal of 800 contributions in a single 24-hour period. Those, along with this million-dollar gift, ensure we continue the tradition of high-quality education for which Georgetown is well known.”
