Oberlin is all about its students. Much of the college budget goes to scholarships, supporting students who otherwise wouldn’t be able to afford the school.
At our 25th reunion in 1994, we established a Class of 1969 Scholarship Fund. In so doing, we joined many other Oberlin classes who have named and endowed such funds. Our donations were distributed to deserving students in the 20th century.
Now that fund is being revitalized. It’s our Class Gift for our 50th reunion! And we’ve already raised the required minimum ($50,000) to endow it. In fact, Alan Goldman reports that as of February, we've passed $100,000!
An endowed fund doesn’t distribute contributions as soon as they’re received. Rather, they’re invested. The fund earns interest, which can then be applied to scholarships indefinitely. This makes it possible for future generations as well as current students to benefit from an Oberlin education. The more we add to the Scholarship Fund, the more interest it earns and the more students we can support.
The class has set an overall fundraising goal of $8 million (including the Scholarship Fund), and we’re 71% of the way there. All donations from July 1, 2014 through June 30, 2019 count towards our reunion goal, including planned or deferred gifts.
You're welcome to donate to any area you desire. Undesignated gifts to the Annual Fund are applied to the area of greatest need, and consistently that includes the Annual Fund's top priority: scholarships. If you are especially interested in a particular department, activity, or division (Con or College), you can certainly donate to that. However, we do hope you’ll help us grow the Class of 1969 Scholarship Fund, so we can make the endowment as large as possible!
You can donate easily online at www.oberlin.edu/donate. To put part or all of your gift into the Class of 1969 Scholarship Fund, just type it into the ‘Other Gift Details’ box like this.
If you have interest in planned gifts, such as a bequest or a gift annuity, please contact Alan Goldman, 50th Reunion Liaison, at (440) 775-6784 or at firstname.lastname@example.org.
On behalf of 21st-century students, thank you!