PSU news by
Penn State's student blog

Topics

About

THON Releases 2011 Summary of Fundraising Activities

The Penn State IFC-Panhellenic Dance Marathon, or THON, has released its Summary of Fundraising Activities for the 2010-2011 fiscal year (July 1, 2010 – June 30, 2011) today. From July 1, 2010 to June 30, 2011 $9,594,880.17 was raised. Of this total, $9,266,841.14 (96.58%) was donated to the The Four Diamonds Fund, a 4.17% increase from last year’s donation.

THON 2012 Overall Finance Chair Vicki Marone stated in the press release that THON’s ability to donate $0.96 of each dollar raised can be attributed to the “untold and incalculable number of hours put in by our volunteers throughout the year.”

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

  • Individual gifts made up $8,125,777.01, or 84.69%, of total gift income.
  • Corporate gifts made up $957,903.60, or 9.98%, of total gift income.
  • Fundraising events generated $411,108.18, or 4.28% of total gift income.
  • The THON store generated $100,091.38, or 1.04% of total gift income.

THON’s expenses totaled $286,423.90, or 2.99% of THON’s total gift income. This does not include the $41,615.13 retained in THON’s account.

Here’s the breakdown of THON’s expenses:

  • $170,337.15 on event management.
  • $101,478.23 on development, including printed THON informational material, direct mailing campaigns, and donor stewardship initiatives.
  • $14,608.52 for operations and other administrative expenses, including postage, office equipment, and space usage.

As of June 30, 2011, THON had $150,840.43 in its account.

About the Author

Ryan Kristobak

Hailing from Lebanon, PA, I am a senior majoring in print journalism. Things I enjoy include lovesacs, denim, mullets, Fight Milk, Jonny Moseley, and "hang in there" kitten posters. Things that bother me include "fun" sized candy bars (not fun), fish, shoobies, wet door knobs, baby leashes, and Jake Lloyd.

Comments

More by Ryan

Jim’s Army & Navy: The Greatest Store Ever

For those of you who have ventured onto the west side of Beaver Avenue, there is a good chance you have passed by Jim’s Army & Navy. If you are one of those people, your first thought when passing by Jim’s was most likely, “What the hell is going on in this store?” When a store’s window display boasts handcuffs (they even come in pink), switchblades, throwing stars, machetes, other swords, and ammunition, you really have no choice but to be utterly confounded. Little did I know that I was about to walk into the greatest store ever.

The ‘Indiana Jones of Virus Hunting’ is Coming

Rob Schneider: ‘The Man, The Myth, The Legend’

Athletics

Tony Carr Experienced ‘Greatest Feeling Of His Life’ At NBA Draft

“Just to be able to hear my name called at the NBA Draft, it’s just a dream come true.” Penn State men’s basketball guard has reached the pinnacle of the sport — entering the NBA pro ranks after getting drafted Thursday night in Brooklyn by the New Orleans Pelicans. Carr, who had to wait around […]

Pelicans GM Excited To Bring In ‘Crafty’ Tony Carr

[VIDEO] New Orleans Pelicans Select Tony Carr In 2018 NBA Draft

Tony Carr First Nittany Lion Selected In NBA Draft Since 1999

Bundling Student Tickets And Offering Options: What Penn State Can Learn

Student Life

Student Farm To Commemorate Summer Solstice With Second Annual Celebration

Penn State’s Student Farm will celebrate the longest day of the year with tours and live music Thursday evening.

Penn State Love Stories: A Chance Meeting At Beaver Stadium

Virtual Reality: Changing The Game At Penn State

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Pittsburgh-Based Burger Joint BRGR Opening State College Location

BRGR was able to strike a deal for the building in the past six months or so, as the new goal is to open Happy Valley location — the restaurant’s first outside of Pittsburgh — in early January 2019.

Bream Won’t Be Charged With Perjury

Tim Bream, the former live-in adviser for Beta Theta Pi fraternity, will not face a perjury charge for his testimony at a preliminary hearing in the case.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Don’t Like Penn State Student Ticket Policies? Change Them.

That potential lies as much in the hands of active, informed, and opinionated students as it does in those of the profit-driven athletic departments.

Send this to a friend