PSU news by
Penn State's student blog



Penn State THON Releases 2010 Fundraising Data

This afternoon, the Penn State IFC-Panhellenic Dance Marathon, known to all as THON, released its summary of fundraising efforts for the fiscal year that began on July 1, 2009 and ended on June 30, 2010.

Over that period, THON raised $8,059,290.53 from its four core fundraising categories: individual gifts, corporate gifts, THON store revenue, and fundraising events.

Here’s the breakdown of each of the category’s contribution to THON’s total gift income:

  • Individual gifts made up $6,625,030.44, or 82.20%, of total gift income.
  • Corporate gifts made up $834,441.07, or 10.35%, of total gift income.
  • The THON store generated $440,482.40, or 5.47% of total gift income.
  • Fundraising events generated $159,336.62, or 1.98% of total gift income.

The Four Diamonds Fund was given $7,447,671.33, or 92.41%, of THON’s total gift income. THON noted in its press release that according to the American Institue of Philanthropy, “most highly efficient philanthropies donate 75 percent of their revenue directly to their beneficiary.”

THON’s expenses totaled $572,225.68, or 7.1% of THON’s total gift income (not including the $39,393.52 retained in THON’s account).

Here’s the breakdown of THON’s expenses:

  • $269,685.02 on THON store inventory.
  • $175,009.74 on event management.
  • $93,608 for development, including printed THON informational material, direct mailing campaigns, and donor stewardship initiatives.
  • $33,921.98 for operations and other administrative expenses, including postage, office equipment, and space usage.

As of June 30, 2010, THON had $111,750.77 in its account.

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
Support quality journalism:
Purchase a Subscription!

About the Author


Creator of @OnwardState. Big fan of sweaters.


State College Links
Other posts by Davis

Penn State and the Process of Life

To paraphrase Mark Twain: The reports of higher education’s death have been an exaggeration. American universities produce more research and relevant knowledge for the world at large than any other institutions I know of. Tuition may be too damn high, but over the long-run, undergraduate degrees are definitely worth the cost. But Penn State could be so much more. It used to be, I think.

Bonded in Blue, White, and Worry

43 Simmons

Staff Predictions: Penn State vs. No. 12 Michigan State

Our staff is expecting a tight battle for the Landy-Grant Trophy this weekend.

Staff Predictions: Penn State vs. No. 12 Michigan State

Our staff is expecting a tight battle for the Landy-Grant Trophy this weekend.

Onward State Gives Thanks 2021

From El Jefe’s burritos and Penn State football to our friends and family, our staff is thankful for a little bit of everything this year.

James Franklin Agrees To New Contract Stretching Through 2031

End the speculation, folks. James Franklin is sticking around in Happy Valley for a long while.

Send this to a friend