COLLEGE PARK. Md. - University of Maryland Director of Athletics Kevin Anderson has announced an increase in unrestricted giving for fiscal year 2014, which ended June 30. Through the Terrapin Club Scholarship Fund and other unrestricted gifts, Maryland Athletics raised over $8.6 million in unrestricted annual giving to support student-athlete scholarships. Last year, that figure was just over $8.1 million.
“Our donors to the University of Maryland continue to make a difference for our student-athletes," said Anderson. "As we are experiencing an unprecedented time in our institution’s history, we must continue our progressive goal towards fully funding our student-athlete scholarships on an annual basis, which is currently over $10.6 million.”
Including capital, endowments, and other gifts, more than $18.6 million was given to Maryland Athletics in 2014. This figure includes restricted donations to sports programs, facility enhancement gifts, endowment giving, and all forms of private support. With Maryland entering its first year of competition in the Big Ten, increasing both scholarship and sports program support is paramount.
Among the highlights of private support this year include the growth in Terrapin Club Scholarship Fund giving at the Director’s Circle level, the highest annual giving level that fully funds a student-athlete scholarship. In one year, the Director’s Circle has grown by 64%. This year also marked the first time since 2010 that annual giving increased year over year when there was not a reseating of XFINITY Center.
“Thank you to our donors and volunteers through the Terrapin Club Scholarship Fund that are helping us tell our story better," said Tim McMurray, Senior Associate Athletics Director/Executive Director of the Terrapin Club Scholarship Fund. "That story revolves around TCSF gifts being an investment with impact, and that is a compelling message."
To make a gift to Maryland Athletics, call the Terrapin Club Scholarship Fund office at (301) 314-7020.