William & Mary’s Class of 1965 set an amazing goal for their 50th Reunion class gift and exceeded it, raising $20.6 million for their alma mater!
This is a record-setting gift. The previous record was set by the Class of 1962, which raised more than $13 million for its 50th Reunion.
Rich Kraemer ’65, who chaired the Reunion Committee said, “There was never any doubt that the class gift would set a record, but the total amount raised was a bit of a surprise.”
More than $1.1 million of the reunion gift total is designated for the class project — the expansion of William & Mary’s Alumni House. But gifts to all areas of the university from class members were counted in the total of $20.6 million.
“If you look to see where the funds are being directed, they’re being sent to all the corners of the campus, whether it’s athletics, academics, scholarships or general purpose funds,” said Howard Busbee ’65, J.D. ’67, M.L.T. ’68, a Reunion Committee co-chair. “We have basically tried to touch all areas of the campus through our campaign, and I think we’ve been successful.”
However, the record gift from the Alumni Community is expected to be exceeded soon.
Tom Hollowell ’65, J.D. ’68, M.L.T. ’69, a Reunion Committee co-chair, said he was thrilled but not surprised with the class gift total. And he doesn’t expect – or want – the Class of 1965 to hold the record for long.
“I think future classes down the road are going to do far better than we did,” Hollowell said. “They have been trained a whole lot better than our class in giving to the College. Most of the graduates of the College came after 1980, so hopefully you’re going to see a lot better results.”