Fresh fundraising numbers from Sweet Briar College list $18.4 million in donations.
According to a news release from Sweet Briar, that amounts to roughly $13 million for fiscal year 2018, and $4.5 million tapped as future support. The college said the donated funds come from a mix of “individuals, corporate and foundation gifts, grants and future commitments.”
According to Sweet Briar, the college has raised $53.7 million since 2015 when the school nearly closed for what prior administrators described as financial issues. Since the near closure, Sweet Briar has been buoyed by financial contributions from alumnae and other donors.
The news release noted that donations have fueled various projects, such as the renovation of residence halls, and an initiative to spread the college’s art collection across campus.
According to the news release, this is the third year fundraising has exceeded goals.