Topics

More

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.

Your ad blocker is on.

Please choose an option below.

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

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.

You’re On Your Own, Kid: Megan Dougherty’s Senior Column

“Every puzzle piece didn’t just fall into place before. I found where it belonged. And I can do it again.”

No. 8 Penn State Men’s Volleyball Swept By No. 4 UC Irvine In NCAA Tournament Quarterfinal

Despite leading in the first set, Penn State couldn’t keep pace in sets two and three and fell to the Anteaters.

Financial & Life Skills Center Offering Tools To Help Penn Staters Achieve Financial Success

The Sokolov-Miller Family Financial and Life Skills Center offers the resources to help students, alumni, faculty, and staff achieve their financial goals.

113kFollowers
164kFollowers
59.7kFollowers
4,570Subscribers
Other posts 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’