Cornell Club of Sarasota-Manatee |
Bring Cornell Home To Do Good for Our Great Local Students! |
Cornell 2023-2024 | Last year, as part of our "65 for 65" campaign, 66% of our member households contributed $22,732 to our scholarship fund. Thank you for your support! This year's campaign, "Bring Cornell Home: To Do Good for Our Great Local Students," ties into Cornell’s To Do the Greatest Good campaign and highlights the fact that your gifts bring Cornell home by helping Sarasota and Manatee County students benefit from all the opportunities Cornell offers. Every gift, small or large, impacts the availability of money for our students from Sarasota-Manatee who are attending Cornell and who demonstrate need for financial assistance. Here are some comments from some recent scholarship recipients:
To learn more about the amazing students who are currently attending Cornell, view the presentation (CCSM Members only, please log in first) that was shown at our January 2023 luncheon where we honored our local students and their parents/guardians. To donate by check:
Cornell University To donate electronically, click the donate button below to take you directly to Cornell's giving site for our fund; please check to see if your company will match: DONATE ONLINE WITH CORNELL HERE Your tax-deductible gift qualifies you for Class and Cornell Annual Fund credit as well as applicable matching gift programs. Cornell University is a 501(c)3 non-profit organization. |
How Our Fund Works
The Cornell Club of Sarasota-Manatee Scholarship Fund is an endowed scholarship fund, administered by Cornell and used to supplement the financial aid given to our local students. Cornell collects the gifts and designates them for local students, decides how to invest the money and how much money is paid out each year, and determines which local students receive the money. Cornell gives over $333M in aid each year and approximately half of all students receive some sort of financial aid. The mean amount given is $45,000.
Cornell manages endowed funds like ours to last in perpetuity. To this end, each year Cornell allocates a percentage to determine that year’s payout amount. Below are the numbers for our fund:
Market Value of Fund as of June 30, 2022: $532,462June 30, 202532,462
Payout for Fiscal Year 2022: $17,298
Projected Payout for Fiscal Year 2023: TBD
Amount Given to our Fund in Calendar Year 2022: $22,732
Thank you for
your support!
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